Acrisure
Ten Insurance swings back to profit in 2022 before Acrisure sale
Appointed representatives network Ten Insurance Services swung back to a post-tax profit of £305,789 in 2022, reversing a loss of £101,425 in 2021.
Acrisure adds Modus to MGA portfolio
Acrisure has bought Modus Underwriting, its first MGA acquisition of the year.
Blog: Is operational efficiency the new battleground for UK consolidators?
It is time to change the record on consolidation from talk of double digit acquisition multiples to evidenced efficiency improvements, argues Andy Fairchild.
Acrisure targets drawing on strength of one infrastructure for Eleven Network
Acrisure has dialled up Ten Insurance Services to Eleven Network, promising a transparent model and “unique” offering in the sector, spanning across appointed representatives and directly authorised firms.
Acrisure buys AR network Ten Insurance
Acrisure has bought appointed representatives network Ten Insurance Services as it progressed its network plans, and will take the offering to market as “Eleven Network”.
Ex-Marsh Commercial leader David Bruce joins Acrisure
David Bruce joined Acrisure as chief operating officer and network CEO, Insurance Age can reveal.
M&A slips back from 2021 record to £4bn in 2022
Imas has calculated that the value of UK general insurance distribution M&A dropped to £4bn in 2022 from £5.6bn in 2021, Insurance Age can reveal.
Acrisure snaps up Affinity Brokers in Scotland
Acrisure has bought Glasgow-based Affinity Brokers in its 11th deal within the UK market.
Sutton Group profit and turnover soar in run-up to Acrisure sale
Sutton Group has reported ‘best ever’ figures as turnover and profit leapt by 15% and 50% respectively ahead of being snapped up by Acrisure.
‘Stacks and stacks’ of UK brokers still left to join us – Acrisure UK chief McIlquham
Despite evidence that the number of UK brokers available for purchase is diminishing, Acrisure's UK retail chief Mark McIlquham says there are still lots left attracted to its model.
Sutton Winson snapped up by acquisitive broking group
Sutton Winson and Sutton Specialist Risks have been acquired by Acrisure.
Top 75 UK Brokers: Analysis
2021 has been another fascinating year for the UK broker market. John Needham and Will Lanyon from PKF Littlejohn, an accountancy firm that focuses on the insurance industry, look at some of the main trends – including ownership, M&A activity, market…
Andy Fairchild signs up at CGI
Ex-Broker Network boss Andy Fairchild has teamed up with global IT services and business consulting firm CGI as a brand ambassador, Insurance Age can reveal.
Acrisure continues UK expansion with CRK Commercial Insurance Services buy
US-based Acrisure has made its second UK broker purchase with CRK Commercial Insurance Services, following the acquisition of Russell Scanlan.
Acrisure targets SME brokers in M&A drive
Acrisure is set to target SME brokers in the UK and Ireland, following its Russell Scanlan buy, as it moves forward with its M&A strategy according to president, Mark McIlquham
Acrisure plants flag in UK with Russell Scanlan buy
US-based Acrisure has moved further into the UK market and bought Nottinghamshire-based Russell Scanlan for an undisclosed sum.
UK buys on the horizon as Acrisure closes $725m funding round
US headquartered Acrisure has been valued at $23bn (£18.33bn) in its latest funding round.
Acrisure lifts the lid on network rollout and broker buying plans
Acrisure is forming a network and its application to the Financial Conduct Authority is “going in now”, president of UK retail Mark McIlquham, has revealed.
Acrisure highlights £1bn GWP aim as it moves to "disrupt" UK broking
President of UK Retail, Mark McIlquham, tells Insurance Age about the US-headquartered broker's UK expansion plans and reveals it is targeting £1bn in GWP within five years.
Andy Fairchild joins Acrisure
Fairchild has been added to the team as an advisor as the US-headquartered broker looks to expand into the UK retail market.