Mergers & acquisitions (M&A)
Aston Lark swoops for Irish broker in latest deal
Consolidator brings North County Brokers, based in Balbriggan in County Dublin, into the fold ahead of the rebrand of its Irish operations to Aston Lark Ireland in April.
Partners& creates northern hub with fresh deal
Bolton-based Ives & Taylor specialises in commercial lines, professional indemnity and private clients and brings 13 staff to Partners&.
GRP buys Leeds broker Lawrence Fraser
The broker will become part of Marshall Wooldridge which is GRP’s Yorkshire hub.
Lickens: Broker prices are “highest I have seen”
The Clear CEO spoke to Insurance Age following the acquisition of Luker Rowe and HIA and insisted that the ‘for sale’ sign at Clear won’t go up yet despite the hollowed out market.
Luker Rowe and HIA International join Clear
Clear Group now handles £225m in gross written premium.
Specialist Risk Group buy taxi experts Emrose Insurance Brokers
It is the fifth deal this year for SRG which is backed by majority shareholder HGGC.
DCJ makes first deal as part of GRP stable
Broker expands its footprint with purchase of Lincoln-based Sills.
Markerstudy focuses on further deals after Brightside buy
Gary Humphreys says the provider is actively looking to buy more businesses as he flags further consolidation in the personal lines space.
Mark Wilson's Abacai buys Dayinsure
The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.
Howden buys superyacht broker STA Group
The business will become part of Howden and rebrand as Howden Sturge.
Consolidation of the consolidators next step as broker M&A targets reduce
IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
Blog: It’s Simply Business as Markerstudy finally lands Brightside
As Markerstudy acquires Brightside Jonathan Swift looks at a deal over seven years in the making that has highlighted a tale of two investments for Anacap.
SRG adds MGA CLS Risk Solutions to stable
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Intact commits to Scott Egan as RSA CEO
Canadian insurer Intact is set to buy RSA's Canadian and UK & International operations in the second quarter of this year.
Brightside sold to Markerstudy seven years after collapse of initial deal
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
Third deal in a week for Aston Lark
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Opinion: The broker beauty parade
Morphose Capital Partners’ Nick Atherton reveals how brokers can make the most of a post-pandemic uptick in M&A activity
JM Glendinning buys Staffordshire broker
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
Aston Lark buys Magenta Insurance
The MGA is chartered and based in East Anglia.
GRP’s Newstead buys local broker
GRP purchased Birmingham-based Newstead in January this year and described it as a “flag in the ground” in the city as it seeks to build its presence.
Aston Lark snaps up Scottish broker
Bruce Stevenson has been bought for an undisclosed sum and CEO Edward Bruce will now lead Aston Lark’s operations in Scotland.
Aviva to buy Axa XL's Private Clients business
The deal, which is set to complete later this year, will see the Axa XL Private Clients team move across to Aviva to launch a new Aviva Private Clients proposition.
Inflexion reveals fresh broker investment following Bollington sale
PE firm backs DR&P Group with intention to support the broker to grow organically and through acquisition.