Mergers & acquisitions (M&A)
Biba welcomes private equity capture of Premium Credit
The British Insurance Brokers' Association (Biba) has welcomed GTCR's acquisition of Premium Credit.
GTCR swoops for Premium Credit in £900m deal
Private equity firm GTCR has bought Premium Credit from MBNA Europe in a deal worth £900m.
Bryan James acquires Bennett Gould branch
Bryan James & Co has agreed to take over the Warrington branch of Lloyd's broker Bennett Gould & Partners.
Nexus buys CIFS
Nexus Underwriting Management has bought Credit Indemnity and Financial Services (CIFS) from Novae Syndicates for an undisclosed sum.
Alec Finch appoints new MD from Jelf
Alec Finch & Company has appointed Mike Latham as group managing director with a remit including acquisitions.
Quindell announces "earnings enchancing" acquisition of Metaskil
Software outsourcing firm Quindell has acquired insurance solutions provider Metaskil in a deal predicted to be "significantly earnings enhancing".
Arthur J Gallagher blames acquistion costs for 2011 loss
Arthur J Gallagher UK blamed acquisition costs for its £2.8m loss for the year ended 31 December 2011.
Integro appoints ex-Towergate chief
Integro Insurance Brokers has appointed Martin Wright, former managing director (MD) of Towergate Specialist Markets, as MD of its UK retail operations, sister title Post has reported.
High Wycombe broker announces Giles rebrand
Bus and coach insurance specialist SBP Chapman Stevens has today begun trading as Giles Insurance Brokers following a rebrand.
Stackhouse Poland buys LFC
Stackhouse Poland has confirmed that it has reached an agreement to buy the business of LFC Insurance Brokers for an undisclosed sum.
Bluefin "took some medicine" to aid broker partner division
Bluefin Insurance Group "took some medication" in 2011 and has seen its broker partner division emerge stronger this year.
Gallagher buys specialist broker
Arthur J. Gallagher has bought Acumus, a specialist insurance advisor providing risk consulting and insurance services to the housing association sector.
Groupama confirms pension fund injection ahead of sale
Groupama SA has confirmed that ahead of completion of the Ageas deal, £40m will be injected by Groupama Insurance Company Limited (GICL) into the pension fund which will be subsequently transferred to Groupama SA.
Ageas UK confirms Groupama buy
Ageas has signed up to buy Groupama Insurance Company Limited (GICL) for £116m.
Woodstock makes 30th acquisition with Clear Insurance book
Woodstock Insurance Brokers has chalked up its 30th acquisition in its 10-year history with the capture of a personal lines book of business from Clear Insurance Management.
Park Insurance bolsters medical indemnity with MIR swoop
Park Insurance Group has snapped up specialist medical insurance company Medical Indemnity Register (MIR) in a bid to offer a "uniquely tailored and specialist service"
Swinton makes Burnley acquisition
Swinton Group has swooped to acquire Burnley-based Greys Insurance as the broker pursues its strategy of developing its UK-wide local broker proposition.
Video: What The Papers Say latest edition
In the September edition of What The Papers Say, David Worsfold joins reporter Caitlin Morrison to discuss the implications for brokers of the proposed takeover of Groupama in the UK by Ageas.
Towergate's NPIB acquisition set for 2012 conclusion
The potential acquisition of Norwich & Peterborough Insurance Brokers (NPIB) by Towergate is set to be completed during the last quarter of 2012, Insurance Age understands.
Ageas extends deal with John Lewis to provide travel cover
Ageas has extended its partnership with John Lewis Insurance to provide travel cover.
Allanfield reports revenue and profit growth after 'hectic' year
Allanfield Group has reported a net revenue of £2.1m for the first six months of 2012.
James Hallam makes double acquisition
James Hallam has confirmed the purchase of care homes business from Howden and a commercial book in Essex as part of its growth plans.
Duke Street Capital founder could bid for Direct Line
The founder of Duke Street Capital has registered his interest once again in snapping up Direct Line, the Daily Telegraph has reported.
Ageas and Groupama confirm acquisition talks
Ageas UK and Groupama have entered into exclusive discussions regarding the sale of Groupama's UK non-life insurance business.