Mergers & acquisitions (M&A)
JLT buys Iimia Wealth Management for £7.25m
Jardine Lloyd Thompson (JLT) Group has bought Iimia Wealth Management from Midas Capital for £7.25m in cash. The announcement follows news of talks originally reported on broking.co.uk in December.
CCV acquires commercial broker AC Insurance Services
Cullum Capital Ventures (CCV) today announces the acquisition of AC Insurance Services marking its first of the New Year and its 49th since it started trading in June 2006
Citymain snaps up Burnett
Paul Kelsey, MD of Citymain Group, said the move would stand the company in good stead for the future
KPMG predicts reduction in "broker-friendly" personalities
Mark Winlow, UK head of general insurance at KPMG, says new personalities will change the character of the market in 2010
Garwyn rebrands consultancy
It follows the acquisition of ORS in February 2009
CCV continues acquisition push
Deal marks CCV's 11th acquisition of 2009
Finch plans to triple brokerage income
The move is announced as board undergoes restructure
Markerstudy snaps up Zenith
Markerstudy Holdings has bought Zenith Insurance
Marsh to buy HSBC Insurance Brokers
Marsh has also entered into a preferred strategic partnership with HSBC
HSBC linked with Marsh
Marsh has been linked with buying HSBC Insurance Brokers.
JLT in talks to buy wealth management company
Jardine Lloyd Thompson Group is in talks to buy the Iimia Wealth Management division from Midas Capital.
CCV predicts new-year acquisitions to boost growth
Michael Rea, CCV chief, aiming for £500m GWP
CCV poised for more acquisitions
The company's new chief executive, Michael Rea, said it has a healthy pipeline of business at the due diligence stage
Towergate buys broker
ProAktive Risk Group has opened a new Sheffield office after selling Rixon Matthews Appleyard to Towergate Risk Solutions
Clear makes 11th acquisition
Purchase of Southern Insurance Consultants increases Clear's clout in the South east
Insurance M&A activity to increase, say Willis
The broker has claimed that the soft market was fuelling mergers and acquisitions
Passing it on
Edward Murray explains the options available for those thinking of selling up and how to plan for some of the more worrying issues that the process brings up.
H&R Insurance makes local acquisition
Aberdeen-based broker buys insurance book of Campbell & McConnachie
Acquisition trail still being walked
Despite the recession, brokers both large and small are still seeking to consolidate their market positions, writes Andrew Tjaardstra.