Broker Network
Ardonagh reveals £217.5m cash paid for deals in 2020
The figure includes its buy of Bravo Group, which owns Broker Network and Ethos, and its Arachas acquisition.
Opinion: Four cornerstones for resilience
Jaime Swindle discusses key findings from Bravo Group’s latest series of economic-focused white papers and explains how resilience will see brokers through the dark days of winter
Zego partners with Bravo Group to offer fleet product to networks members
Compass and Broker Network members will now have access to the insurtech’s fleet products.
Ethos Broking makes first deal since takeover by Ardonagh
Guy Penn & Co becomes the latest Ethos regional broking powerhouse.
Ardonagh completes £2bn debt raise and deals for Bravo Group and Arachas
The move, announced in June, brings Broker Network back into the fold as Ardonagh confirms £300m war chest to fund future deals.
Ardonagh moves forward with refinancing
The $500m ‘payment-in-kind’ toggle notes have been priced as the business progresses with £1.9bn refinancing which includes a $300m war chest.
Praise for Ardonagh’s Broker Network move but Fitch downgrades
News Analysis: Experts say the deal to buy Bravo Group and Irish business Arachas signals how far the company has come since David Ross took the helm at flailing Towergate in 2015.
The Blog Spot: Ardonagh and Broker Network - will this lockdown family reunion have a happy ending?
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
Ardonagh buys Broker Network-owner Bravo Group
The consolidator announces $500m notes offering and flags £1.6bn equity valuation as it brings the network, along with Ethos Broking and Compass, back into the fold.
Ethos partner Bennett Christmas buys energy broker
Deal is broker's second since becoming an Ethos Broking partner last August.
By Miles teams up with Broker Network
The pay-by-mile brand is now working with the network to offer its product to a wider audience and members will gain access to the products over the next few weeks.
Alex Alway leaves Bravo Group
The former Jelf boss had been chairman of both Broker Network and Compass since April 2018.
Covid-19: Brokers ban meetings and push remote working
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
Ethos Broking creates Midlands hub
The organisation has purchased Perry Appleton which is based in Rugby and controls £7m in GWP.
News analysis: Networks come under pressure
With Marsh merging its three networks under one banner and consolidation continuing to reduce the pool of potential broker members, Martin Friel investigates what the future holds for networks.
Ethos Broking announces senior promotions
Vincent Gardner, Alan Sumner, and Peter Foster will also join Ethos Broking’s executive team.
Movo Insurance set to pass 30 members
Exclusive: The business transformed from a broker to a network and franchise model last year.
Applied targets 40% growth in the UK and Ireland
Senior VP of international operations, Jeff Purdy, says the software house's growth opportunity in the UK is "material" as Joe Sultana joins Andy Fairchild on its new European leadership team.
Andy Fairchild joins Applied as European CEO
Software house says appointment of the former Broker Network boss is part of a plan to significantly grow its UK and Ireland operations.
The Blog Spot: To merge or not to merge?
Ida Axling predicts further changes on the networks scene after Marsh Commercial combines its three propositions.
Andy Fairchild leaves Jensten Group
The former Broker Network CEO joined Jensten (formerly Coversure) in July last year.
Finch buys Richmond-based Shene Insurance
Ethos-owned broker has now made ten deals in the last three years.
Saffron buys Cambridgeshire-based Stuart & Co
Deal is broker's sixth since Ethos Broking took a majority stake in the business in 2018.
Greenwood Moreland buys Scottish broker
The deal takes the number of Greenwood Moreland offices to three.