Mergers & acquisitions (M&A)
RCapital and Montague complete UK General deal
Rcapital Partners LLP, and joint investor Montague Investment Group have completed the acquisition of UK General Insurance and Precision Partnership Limited, following regulatory approval.
County Group buys North Wales broker
GRP’s County Group has acquired broker Business Insurance Specialist for an undisclosed sum.
MVP invests in Yorkshire broker
Minority Venture Partners have announced a new investment, this time in Yorkshire insurance broker Hathaway and Cope.
Stubben Edge buys Helodrium
Stubben Edge Group has bought regulatory and compliance experts Helodrium.
Top 75 UK Brokers: Introduction
Welcome to the new look Top 75 UK Insurance Brokers which Insurance Age has put together with the help of Insuramore.
Top 75 UK Brokers: Analysis
2021 has been another fascinating year for the UK broker market. John Needham and Will Lanyon from PKF Littlejohn, an accountancy firm that focuses on the insurance industry, look at some of the main trends – including ownership, M&A activity, market…
NFP acquires one of the largest brokers in Staffordshire
NFP has acquired Bentley Insurance Services, its fifth broker acquisition in two years.
FR Ball announces merger with Wessex BS and acquisition
Abergavenny based brokers FR Ball has merged with high-street player, Wessex Business Services to create Wessex Insurance Brokers.
Lucida posts rising revenue for 2021 after string of takeovers
Lucida Broking Holdings has reported a 28% increase in revenue for 2021 to £39.28m across broking, underwriting and the provision of services to the insurance sector.
Jensten completes Ravenhall buy
The Jensten Group has completed the purchase of Ravenhall Risk Solutions, following final regulatory approval, bringing an additional 2,500 clients and 25 staff to the group.
Headline Makers: October 2022
The key stories from the past month all in one place.
Aston Lark reveals growth in final year before sale to Howden
Aston Lark has posted a 72% rise in revenue at group level to £157.6m in 2021 with organic growth in commission and fees coming in at 11%.
UK Broker Awards 2022: Deal of the Year
This high-profile deal, completed smoothly against the challenging backdrop of the pandemic, was a strong vote of confidence in UK broking
UK Broker Awards 2022: Achievement Award
David Howden is at the helm of a multi-billion-dollar global business on a fast-paced consolidation spree, all the while campaigning for better self-regulation across the industry and greater disaster relief
Ardonagh Specialty to buy Oxford Insurance Group
Ardonagh Specialty has signed up to acquire Lloyd’s broker Oxford Insurance Group.
Stubben Edge buys finance platform Finpoint
UK-based insurtech Stubben Edge has acquired credit broker Finpoint for an undisclosed sum.
Insurance veteran teams up with iRevolution bosses for M&A vehicle
The sales and marketing director at Tradewise Insurance Services, Wayne Bradshaw, has launched a self-named company Wayne Bradshaw Acquisitions.
AUB completes Tysers buy
AUB Group has completed the £500m purchase of Lloyd’s wholesale broker Tysers from private equity house Odyssey Investment Partners.
BGL Insurance prioritises talent and digital following Markerstudy deal
Managing director of distribution at BGL Insurance, Laura Mullaney highlights the brokers’ main focuses after its takeover by Markerstudy.
Markerstudy to buy First Central? – Where there’s smoke, there’s Skyfire
Jonathan Swift discusses the touted potential tie-up between Markerstudy and First Central and asks whether the former is ready to get back on the Rock with this deal.
Acrisure continues UK expansion with CRK Commercial Insurance Services buy
US-based Acrisure has made its second UK broker purchase with CRK Commercial Insurance Services, following the acquisition of Russell Scanlan.
Doyle to take over as Marsh McLennan CEO as Glaser announces retirement
Marsh McLennan has announced that John Doyle will take over as president and CEO at the beginning of 2023 succeeding Dan Glaser.
Devitt grew 10% in run-up to Gallagher sale
Romford-based Devitt Insurance Services has posted 10% growth in turnover to £14.43m for 2021.
RSA sets out strategic roadmap for 2025 with new "broker promise" vow
RSA has revealed its strategic roadmap for 2025 with a target of reaching a combined operating ratio in the low 90s and committed to unveiling a new broker "promise" in 2023.