Mergers & acquisitions (M&A)
Income up in acquisitive Q1 for Ardonagh
Group income has increased to £199.7m as the consolidator flags a mix of acquisitions and organic growth.
Howden acquires specialist medical and healthcare broker MPRS
MPRS provides accident and health, professional liability, medical malpractice, and commercial combined cover for general practice, private practice, and GP federations.
Brokerbility and Ataraxia-founder Stuart Randall sets up fresh broker service
Brokerring has been developed to encourage smaller independent brokers to grow amid a consolidated broker landscape.
Right Choice targets further deals after Bennetts buy
CEO Mike Joseph talks to Insurance Age about Bennetts, the Right Choice acquisition of the Fresh-brands and outlines his plans to grow the motor specialist.
Qlaims partners with Hedron Network
The partnership, which follows GRP's acquisition and rebrand of Marsh Networks earlier this month, will see broker members gain access to a new claims and risk management offering.
Specialist Risk Group buys Irish MGA, Blackrock Insurance Solutions
Specialist Risk Group (SRG), has announced the acquisition of specialist Irish liability and property MGA, Blackrock Insurance Solutions.
Aon/WTW to divest $3.6bn of assets to Gallagher ahead of merger
The sale includes Willis Re and is intended to address questions raised by regulators including the European Commission.
Third deal in a week for Seventeen Group as it snaps up Cornwall-based broker
Latest move sees specialist marine broker Christopher Rowe join Seventeen Group's stable and follows its purchases of Ryan's and Pinner Risk Solutions.
PIB buys Jersey-based CBCJ
Consolidator says the PI specialist broker will be integrated into its Guernsey-based business as it plans to expand across the Channel Islands.
Seventeen Group snaps up Ruislip-based broker
Deal for Pinner Risk Solutions follows its purchase of Ipswich-headquartered Ryan's last week.
Seventeen Group set to announce two more deals following swoop for Ryan's
CEO Paul Anscombe discusses his plans for Ryan's and reveals he is increasingly getting approached by brokers looking for an alternative to the consolidators.
Ardonagh Advisory to purchase PMI specialist Usay Group
The Cirencester-headquartered business, which has 195 staff, will add to Adonagh's PMI proposition.
Seventeen Group buys Ryan's
Ryan's will become part of James Hallam as chairman Tim Ryan is set to exit.
RSA takeover to be completed in May
The provider has also released its Q1 results, revealing a combined operating ratio of 86%.
Markerstudy moves into brokered home cover
The MGA has teamed up with Accredited to expand its home insurance offering.
GRP completes Marsh Networks deal
The networks business has been rebranded to Hedron and will continue to be led by David Hopwood who has joined the GRP executive team.
LexisNexis urges brokers to focus on data or risk being "left behind"
The company is gearing up to launch two more products aimed at brokers in the near future.
Right Choice to buy Bennetts
Bennetts has finally found a home after Ardonagh divested its purchase of the motor specialist last year following a CMA investigation.
Macbeth CEO: "We’re really pleased to add another string to our bow"
Paul Macbeth tells Insurance Age about how the broker's deal for Peter Lole came about and discusses his plans for the future.
Macbeth buys Buckinghamshire broker
Its buy of Peter Lole takes its GWP up to £23m.
Kingfisher confirms Fresh brands-sale to Right Choice
The sale includes Fresh-brands Autosaint, Ladybird and First Van.
Kingfisher tipped to sell Fresh brands to Right Choice amid court battle
Kingfisher (formerly Vantage) bought Fresh in 2018. The sale follows Kingfisher taking the Fresh-sellers to court alleging it had been “induced to enter into the purchase by fraudulent misrepresentations made by and/or on behalf of the warrantors”.
Atlanta snaps up Be Wiser
Move follows redundancies and a number of management exits at Be Wiser and will see the personal lines broker operate alongside Swinton, Autonet, Carole Nash and Marmalade.
Aston Lark buys O’Loughlin Insurance Group in Ireland
Aston Lark Ireland CEO Robert Kennedy says further acquisition announcements are "imminent" as broker makes its second Irish deal of the year.