Mergers & acquisitions (M&A)
Lord Hunt takes GRP main board role
Move follows Searchlight's purchase of a majority stake in GRP, which saw a number of management changes.
The Blog Spot: Ardonagh and Broker Network - will this lockdown family reunion have a happy ending?
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
Ardonagh buys Broker Network-owner Bravo Group
The consolidator announces $500m notes offering and flags £1.6bn equity valuation as it brings the network, along with Ethos Broking and Compass, back into the fold.
UK General returns to Primary Group
The organisation sold UK General to JC Flowers back in 2017 and the fresh deal sees management changes.
Castle Insurance Services set to make more deals
MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.
Jensten Group-funder makes Ireland move
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
GRP to close "a number of deals" within weeks
Group CEO Mike Bruce on the Searchlight deal, expansion plans and how the firm's M&A activity is "gaining momentum".
PIB culls top brands in its commercial specialty businesses
Move sees brokers including Cooke & Mason, DE Ford, Franklands, Lorica, Wilby and Cobra Insurance Brokers unite under the PIB Insurance Brokers brand.
Searchlight completes GRP deal
The move, which was first announced in February, sees founders Peter Cullum and David Margrett retain a minority stake in the business as Mike Bruce becomes group chief executive.
Thompson & Richardson buys Lincolnshire-based broker
The broker makes its first acquisition since becoming an Ethos Broking partner in December 2017.
Ethos partner Bennett Christmas buys energy broker
Deal is broker's second since becoming an Ethos Broking partner last August.
Blog: Succession planning amid the coronavirus crisis
Aston Lark's Peter Blanc, shares his thoughts on adapting the business and why M&A can continue to thrive post Covid-19.
PIB Group take reinsurance step with German broker buy
The business has purchased Marx Re-Insurance Brokers which is based in Munich.
Castle Insurance Services buys EW Knapton
The Durham based broker has added two branches and taken its GWP to £7m.
Deal opportunities grow for Towergate as brokers seek to sell amid pandemic
Towergate’s Joe Thelwell discusses the broker’s Q1 2020 deals and reveals he is receiving calls from brokers wishing to sell as coronavirus exacerbates the hardening market.
Interview: One hundred years of independence
Darwin Clayton CEO Simon Henderson tells Insurance Age about the broker's 100 year long history, plans for its wholesale division, coping with Covid-19 and insists that the business is not for sale.
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Kingsbridge and Fresh-owner Vantage aims for £500m premium
Exclusive: CEO Jacquie Boast has restructured the business with Fresh CEO Mike Wall exiting and 75 staff leaving the business as she seeks to position Vantage for growth.
Axa XL reveals global restructure
Provider to create a single global insurance underwriting function and form three geographical business units across the Americas, Eurasia and the UK & Lloyd’s market.
One Sure's MD on why he bought Staveley Head
Chris Lear explains why the broker, which went into administration last month, was a good buy for One Sure Insurance.
Covid-19: Broker M&A numbers predicted to drop
But the consolidators say their models have not changed as a result of the coronavirus.
Ethos Broking buys Compass member
The organisation purchased Hughes & King for an undisclosed sum adding £4m in GWP to its business as it presses on with pipeline amid Covid-19.
Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer
This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and…
Troubled Staveley Head sold by administrators
Stoke-on-Trent broker One Sure Insurance has bought the Wales broker which collapsed earlier this year.