Mergers & acquisitions (M&A)
Capsicum Re targets further growth following Gallagher takeover deal
Gallagher's UK boss Simon Matson addressed last year's "unfortunate" Gallagher v Ardonagh court case for the first time as he discussed the broker's full acquisition of Capsicum Re alongside CEO Rupert Swallow.
XL division absorbs Axa Corporate Solutions and Axa Art
Merger had originally been expected to be completed by the end of 2018.
Gallagher completes 100% Capsicum Re ownership deal
Business was founded in 2013 by Grahame Chilton and Rupert Swallow through a strategic partnership with Gallagher.
GRP buys Birrell Group to create Midlands hub
Broker becomes GRP's eighth major hub and will retain its brand, with all staff remaining with the business.
Finch buys Richmond-based Shene Insurance
Ethos-owned broker has now made ten deals in the last three years.
Integro continues rebrand to Tysers with entertainment and sport division
The broking firm renamed its corporate and private clients division as Tysers last July.
Tysers to absorb RFIB following acquisition
Deal to purchase parent company Risk Transfer Group has now completed.
Bollington buys SME specialist Ashgrove Insurance Services
CEO Paul Moors says Bollington is set to make more deals in 2020, with a focus on niche players or brokers that complement its existing business strategy.
GRP’s £68m acquisition spree revealed
Total covers 10 businesses that the group bought in the year to 31 March 2019.
Lockyers buys Newcastle-based broker
Deal is Lockyers' first since becoming an Ethos Broking partner in September 2018.
Aston Lark announces Irish CEO and CFO
Firm poised to make further acquisitions in Ireland under new leadership.
Optio buys terrorism specialist Newbridge from Castel
Newbridge was founded in 2015 as part of Castel’s MGA formation platform.
Mike Crane becomes L&G GI CEO as Allianz completes LV and L&G deals
Provider says the purchases of LV and L&G's GI businesses will see Allianz become the second largest general insurer in the UK.
GRP reaffirms acquisition strategy despite £17.9m loss
Accounting procedures and acquisition costs blamed as turnover and operating profit grow 48% and 173% respectively.
Christmas Q&A with Michael Lawrence and Simon Mabb
Michael Lawrence, broker distribution and underwriting director at LV, considers the headlines of 2019 and Simon Mabb, group managing director at Romero Insurance Brokers, predicts those of 2020.
Christmas Q&A with Sarah Mallaby and Peter Blanc
Sarah Mallaby, director of broker markets at Allianz, reviews 2019 and Peter Blanc, group CEO at Aston Lark, looks ahead to 2020.
Christmas Q&A with Andrew Alcock and Phil Bayles
Andrew Alcock, COO at TH March, reviews the events of 2019 and Phil Bayles, CDO at Aviva, outlines what we can expect from the New Year.
Christmas Q&A with Alastair Christopherson
Alastair Christopherson, group managing director at The County Group, shares his reflections on 2019 and how brokers should be preparing for the year ahead.
News analysis: Focus on smaller brokers heats up the M&A market
Consolidators have shifted to concentrate on the smaller end of the broking sector, Martin Friel investigates why
Christmas Q&A with Andrew Brown-Allan
Andrew Brown-Allan, CMO at Carrot Insurance, explains his year in insurance and what we can expect next.
Christmas Q&A with David Martin and Ashwin Mistry
David Martin, head of retail management at Zurich UK, looks back at 2019 and Ashwin Mistry, chairman at Brokerbility, looks forward to 2020.
Christmas Q&A with Michael Rea
The CEO of UK retail at Gallagher tells Insurance Age his highlights of 2019.
Willis IRM buys Leeds broker
The Belfast-based company has purchased Hale Kavanagh.
Kingsbridge refutes sale discussion rumours
CEO James Twining says the broker is "currently not in a sales process" following speculation it had been in talks with Gallagher.