Mergers & acquisitions (M&A)
Knowlden Titlow hires sales and marketing manager
Former Towergate employee Michael Buse has been appointed sales and marketing manager at Norwich-based Knowlden Titlow Insurance Brokers.
Cooper Gay and Swett & Crawford confirm deal to create broking giant
Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, and US wholesale broker Swett & Crawford have confirmed they are in advanced deal discussions.
Moorhouse targets £5m GWP broker acquisition
Welsh broker Moorhouse has announced that it is looking to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium (GWP).
Knowlden Titlow remains independent after sale
Norwich based commercial broker Knowlden Titlow Insurance Brokers has confirmed future growth plans following its acquisition by Robin Plaster for an undisclosed fee on 20 May.
Bridle Insurance expands into Wales
Bridle Insurance has announced the purchase of Swansea-based broker Associated Householders Services, which is better known as AHS Insurance.
CCV snaps up broker
Cullum Capital Ventures (CCV) has announced the acquisition of Hertfordshire-based brokers Humbergrove and Humbergrove UK.
Bluefin acquires another broker
Bluefin has acquired St Albans-based Gilbert Business Insurance Brokers (GBIB), Insurance Age has learnt.
Invicta makes four acqusitions
Invicta Insurance Services has made four acquisitions, which are all effective from 1 June 2010.
News: A series of broker buys fuels an increase in acquisition activity
The recent flurry of insurance market acquisitions has continued with a number of broker buys.
Giles makes Midlands acquisition
Giles Insurance Brokers has announced the acquisition of the retail broking division of James Hampden Insurance Brokers.
Brightside to raise £9m for acquisition
Brightside Group is set to raise £9m via the placing of 36 million new ordinary shares in order to part fund the acquisition of the eCar and eBike insurance brands.
Bluefin completes first acquisition in planned consolidation surge
Stuart Reid has acquired the general insurance business of Peterborough based G M Towns & Partners.
CCV makes third acquistion of the year
Cullum Capital Ventures (CCV) has acquired the general insurance portfolio of DTE Risk & Financial Management.
News review: April 2010
Capita Insurance Services set its sights on becoming the largest niche motor broker in the UK, according to the managing director of its most recent acquisition Sureterm Direct.
Agenda: Going for growth in a tough market
There is little doubt that brokers have got it tough. The anticipated hardening of the market is a long time coming despite bold words by insurers, the economy is only recovering hesitantly with the important construction sector still in the doldrums and…
News: Opinions differ regarding true meaning of acquisition activity
Industry experts have voiced conflicting opinions over whether a recent rise in insurance market acquisitions signalled a return to the frenzied purchasing of the past or was merely a "blip".
Shariah-compliant insurer aims to recommence trading
Principle Insurance Holdings has announced the conditional sale of subsidiaries, Principle Insurance Company (PIC) and Principle Marketing Services (PMS) to Al Salam Group Holding Company.
Marsh boosts leadership team following HSBC Insurance Brokers acquisition
Following completion of its acquisition of HSBC Insurance Brokers (HIB) on 1 April, Marsh is adding to its UK national corporate leadership team to drive growth across the combined operation.
Pavey Group acquires commercial team and book of business
Pavey Group Exeter has acquired the commercial insurance team and clients of Exeter based insurance broker RK Shipman.
Junction snaps up Bradford & Bingley's motor and home insurance business
Junction, the affinity specialist intermediary, has announced its acquisition of Bradford & Bingley’s motor and home insurance business.
Henderson is on the acquisition trail in Leeds
Henderson Insurance has announced the takeover of Denney O’Hara.
Capita snaps up motor insurance broker
The Capita Group has acquired specialised motor insurance broker, Sureterm Direct.
Chase Templeton acquires again
Isle of Man-based Chase Templeton Group has acquired Jigsaw Healthcare, the Cheshire-based private medical insurance (PMI) specialist.
RSA and Axa named as potential bidders for Quinn, according to reports
Dutch insurance giant Eureko, RSA and Axa have been named among the 20 or so predators circling the Quinn Insurance group, according to reports in Ireland.