Consolidation
TBIG increases stake in Hathaway & Cope to 75%
The Broker Investment Group has increased its ownership of Hathaway & Cope, a managing general agent with delegated authority, to 75%.
Acrisure expands in southern England with two buys
Acrisure has snapped up two brokers backing Sutton Winson to boost its presence in southern England.
Acrisure expands in Scotland with WH&R McCartney buy
Acrisure has added to its reach in Scotland snapping up Motherwell-based WH&R McCartney.
Brokers push for more from RSA/NIG
Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.
Aon completes NFP deal
Aon has completed the $13bn (£10.4bn) acquisition of NFP.
Aon and NFP deal expected to close on or around 25 April
Aon’s $13.4bn (£10.6bn) takeover of NFP is expected to close on or around this Thursday, the global giant has confirmed.
Hedron CEO Haggart eyes-up offering branded products
Chris Haggart, CEO of Hedron, intends to offer branded products drawing on the strength of the partnership with Broker Insights it entered into last year.
Alan Boswell seals deal for taxi and driving school specialist
Alan Boswell Group has bought The Insurance Centre, a Norwich-based insurance broker with expertise in taxi and driving schools insurance.
JMG strikes its biggest deal of 2024 with BQI swoop
JMG Group has bought BQI Insurance and sister company BQI Protection.
Partners& promotes trio as it readies ‘next stage of growth plan’
Partners& has created three new senior leadership roles, as it positions itself for what it describes as “the next stage of its growth plan”.
PIB continues European expansion with Romanian deal
PIB Group has added Romania to its growing European footprint, by striking a deal with STEIN Bestasig Insurance Broker.
Ardonagh buys SIB Insurance, boosting presence in North West
Ardonagh Advisory has bought commercial broker Southport Insurance Brokers, building its presence in the North West of England.
Jensten completes on Scrutton Bland deal
Jensten has completed on the acquisition of Scrutton Bland Insurance Brokers following final regulatory approval.
Kingfisher drives further into classic car market with Lynbrook buy
Kingfisher Insurance has bought Lynbrook Insurance to expand its presence in the classic vehicle market.
Momentum to increase funding to help members acquire and recruit
Momentum Broker Solutions is looking to provide more financial support for its appointed representative partners, according to founder and managing director Howard Pepper.
AssuredPartners expands into Wales with LT Insurance buy
AssuredPartners has added to its UK footprint buying South Wales-based LT Insurance Services.
Clear spending tops £100m in 2023
Clear spent £102.4m snapping up 10 businesses in the year ended 31 October 2023, the most in its history and around double the year before.
Ardonagh completes Westfield Insurance purchase
Ardonagh Advisory has completed its deal for Westfield Insurance having announced plans to buy the broker in December 2023.
Jensten buys hair and beauty specialist Henry Seymour & Co
Jensten has bolstered its schemes offering by buying Henry Seymour & Co, adding 66,000 policyholders to the business.
TBIG ups stake in PHP Insurance to 80%
The Broker Investment Group has increased its investment in Macclesfield-based chartered insurance broker PHP Insurance to 80%.
Ardonagh boosts adjusted Ebitda by a third to $649.6m
Income at Ardonagh rose 29.1% last year to $1.99bn (£1.59bn) on the back of organic growth and 67 acquisitions.