Mergers & acquisitions (M&A)
Quizzical questions: 30 August 2019
Test your knowledge of the week's news with our topical quiz.
Broker Expo 2019: Q&A with Open GI's Nick Giddings
Nick Giddings, chief marketing officer at Open GI, examines the insurance market in the lead-up to 7 November.
Gauntlet eyes ambitious growth for AR network
Managing director Roger Gaunt expects the business to double within two years.
GRP exploring sale and reinvestment options
It is believed that the consolidator is seeking fresh investment that could see current investors, including Peter Cullum, have their stake diluted as backer Penta reaches the end of its traditional investment period.
Aston Lark buys Manchester broker
The purchase of Buckland Harvester adds £4m GWP and 15 staff to Aston Lark as the broker eyes more buys in the North West.
GS Group set to buy local broker
The business has struck a deal with I & D Insurance Services which is based in Alyth.
Swinton closures don’t tell full story, says Donaldson
The Atlanta CEO explains that branch closures should not be viewed in isolation.
GRP health & safety move a "natural progression"
But the consolidator is not planning to expand in the risk management space following H&S Click purchase.
Sure Thing! to be rebranded following sale to Policy Expert
Policy Expert co-founder Adam Powell reveals plans to change the motor broker's business model.
Bravo Group spent £53m on deals in 2018
The Broker Network owner, which also posted a loss for the year, made a number of large deals including Saffron, Compass, MCM and Lockyers.
GRP buys risk management firm H&S Click
Deal follows GRP's purchase of Lancashire-based broker 3XD in July.
Fresh unveils first set of results since Vantage sale
Broker posts turnover of £27.4m and reveals plans to develop its First Van brand and telematics offerings.
PIB sets sights on long term investment deal
The recently re-financed business is aiming to find a longer-term backer in 2021.
Bennett Christmas actively pursuing acquisitions following Ethos deal
CEO Mark Bennett reveals the broker's acquisition strategy and discusses why the business decided to sell to Ethos.
AmTrust International buys Legal Insurance Management Group
Business will work alongside AmTrust subsidiary Arc Legal.
Bennett Christmas becomes Ethos Broking's ninth regional powerhouse
West Sussex-based firm brings over £17m in GWP to Ethos, which is part of Broker Network owner Bravo Group.
Dye commits to great broker service following branch closures
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
LV deal continues to affect Allianz numbers
Purchasing the remaining stake in LV has impacted the provider’s half-year numbers.
Arch Capital buys Barbican
The deal is the latest in a long line of acquisitions by the group.
Marsh spent $98m integrating JLT last quarter
The $5.6bn deal completed on 1 April this year as the business flags a flat EMEA performance.
Aston Lark results out amid transformational year
Profit increased for the firm in first full year results since Aston Scott and Lark merged as the business commits to more deals with comparative analysis showing turnover of £57.4m.
Ex-Ardonagh deputy CEO Janice Deakin: "I need a break from big deals"
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Mason Owen buys Business Insurance Services
Liverpool-based company says the broker is its first deal in the insurance sector.
GRP buys Lancashire-based 3XD
Broker specialises in household, landlord and learner driver insurance and all staff will remain with the business.