Consolidators
Dickson & Co buys Kerr Group
Dickson & Co has added Kerr Group to the business – its latest deal in a series of acquisitions and expansions as part of its £7m investment.
Energy and growth key to Romero deal, says AssuredPartners boss
AssuredPartners stands ready to help push the Yorkshire-based firm on its growth journey, says UK & Ireland CEO.
Brown & Brown’s PCH arm notches up two more deals
Brown & Brown Europe-owned Premier Choice Healthcare has completed two more acquisitions.
AssuredPartners buys again in South West with Atom
AssuredPartners has bought Somerset-based Atom Insurance Brokers.
Romero ready to roll forward after AssuredPartners deal, says MD
Romero has found a “great” new home, and is ready to continue its growth journey under the new ownership of AssuredPartners, having doubled in size over the past five years.
Brown & Brown’s South East hub Greens buys Nsure
Brown & Brown has bought Worthing-based Nsure, a specialist commercial Chartered insurance broker with a focus on renewables.
Clear builds northern presence with Peter Hoare & Co buy
Clear Group has grown its northern footprint, snapping up Sheffield-based Peter Hoare & Company (Insurance Brokers).
One Broker posts double-digit turnover and profit surge in run up to Jensten sale
Norwich-based One Broker has revealed achieving a 19.6% increase in turnover, and a 14.7% rise in post-tax profit ahead of its sale to Jensten.
Jensten closes One Broker deal and seeks more acquisitions in East Anglia
Jensten has completed the takeover of East Anglia-based One Broker Group, following approval from the Financial Conduct Authority.
Ardonagh builds out in Europe with Swiss deal
Ardonagh has signed up to buy Assepro, describing it as the largest independent commercial broker for SMEs in Switzerland.
Premier Choice completes 10th deal under Brown & Brown ownership
Premier Choice Healthcare, the health insurance arm of Brown & Brown Europe, has bought 100% of the share capital of Brighton-based intermediary, Healthcover.
Prosura makes first broker buy
Wakefield-based Prosura has struck its first deal, buying First Stop Insurance Brokers in Sheffield, Insurance Age can reveal.
The Broker Investment Group-backed SSP buys BLS
Stevenson Seacombe Partnership has bought 100% of BLS Insurance, a £2.5m gross written premium broker based in Bury, as backer The Broker Investment Group upped its stake in the business.
Brown & Brown buys two in Northern Ireland
Brown & Brown (Europe) has bought claims management firm Davison & Associates (NI) and insurance consultancy business Davison Lamont in Northern Ireland through its hub ABL Group.
Broker Expo 2023: Broker acquisition prices flattening – Jensten CEO Hardie
Prices have flattened this year on broker acquisitions, according to a panel of some of the country’s top broker bosses.
Broking M&A specialist Imas acquired by global advisory firm
MarshBerry, a global M&A advisory firm for insurance brokers and wealth management firms, has acquired Imas Corporate Finance.
Interview: CEO Phil Barton on why Partners& is an “antidote to the worst practices in the market”
Having posited the notion that it was an ‘anti-consolidator’ on launch in 2020, Partners& CEO Phil Barton puts forward the case to Jonathan Swift that it has lived up to its lofty ambition.
Brown & Brown completes Kentro buy
US giant Brown & Brown has completed the previously announced takeover of Kentro Capital, which includes Xenia Broking and Nexus Underwriting.
Seventeen Group boosts turnover 19% but swings back to loss in 2022
Seventeen Group has posted a £1.59m post tax loss for 2022 reversing a profit of £196,199 the year before.
Interview: Mike Bruce, CEO of Brown & Brown Europe
Mike Bruce, last month appointed CEO of Brown & Brown Europe, recounts the consolidator’s acquisition by the US broking giant just over a year ago when it was known as GRP.
Brown & Brown buys Berkeley Insurance
Brown & Brown, has acquired 100% of the share capital of Berkeley Insurance, one of the UK’s largest independent insurance brokers.
Partners& boosts turnover by 54% and cuts operating loss by nearly two-thirds
Partners& grew its turnover by 54% to £34m in the last financial year and reduced its operating loss by over £8.5m, Insurance Age can reveal.
PIB buys RBIG
PIB Group has bought Manchester based commercial broker RBIG including RBIG Corporate Risk Services and RBIG Financial Services.
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.