Mergers & acquisitions (M&A)
Bennett Christmas buys Horsham-based Slade Edwards Insurance
Existing Slade Edwards staff will join the Bennett Christmas team from September.
One Broker buys Gibbs Denley Insurance Services
Management team and all staff to stay with the business.
Broking Break: Your Top Five
Ageas UK, Allianz and Towergate hit the headlines this week with stories on profit and loss, concerns from brokers and a sale.
Ataraxia backs broker EIC's management buyout
Firm planning to grow through local acquisitions.
Charles Taylor buys HNW loss adjusting group Criterion
The deal builds on CTA’s plan to grow its presence in specialist property and casualty loss adjusting markets.
The Blog Spot: Taking the opportunity amid big market deals
Siân Barton believes brokers should not fear the LV/Allianz deal and argues it is a chance to mine fresh opportunities.
Brokers concerned about reduced choice following Allianz and LV deal
However, experts also see opportunities rising from the merger.
“Business as usual” for LV and Allianz following deal
No changes for brokers until the £500m deal goes through but bosses believe the “complementary businesses” are strategically matched and LV aims to become personal lines insurer of choice for brokers.
Quizzical questions: 04 August 2017
Test your knowledge of the week's news with our topical quiz.
Profit down but COR improves for Allianz UK
Insurer admits there is “some way to go to fill the financial hole” left by the Ogden rate change.
Allianz and LV announce deal to create £1.7bn personal lines insurer
Allianz is set to pay LV £500m for a 49% stake in the business as a first step but will move to own 69.9% long term paying £713m in total.
LV in talks with Allianz on GI stake sale
Provider confirms advanced talks with Allianz on "significant minority stake" in the business.
In Person: Towergate Advisory's Joe Thelwell
The CEO of Towergate Advisory reveals how the business has transformed and talks about his broking roots
The Blog Spot: Consolidation and the independent broker
In a new wave of consolidation, what will happen to the small independent broker?
Broker Network posts rise in revenue after "extraordinary year"
CEO Andy Fairchild outlines the network’s strategy and talks about acquisition plans and the growth of independent brokers.
PIB buys Franklands Insurance
The deal was for an undisclosed sum and Franklands MD David Harrison will remain as leader of the business.
Nexus buys trade credit MGA Equinox
Current management team to stay on following the deal.
Quizzical questions: 14 July 2017
Test your knowledge of the week's news with our topical quiz.
Higos buys South West broker Colin Fear
The deal is part of Higos-owner GRP's strategy to develop regional hubs.
Markerstudy's Gary Humphreys on provider's strategy following capital injection
Insurer set to make acquisitions and launch a pay-as-you-go solution.
GRP-backed Green Insurance buys Collidge & Partners
Broker says deal will help build GRP's regional hub in the South East.
Thomas Carroll primed for acquisitions
Rhys Thomas puts profit growth down to a software house change, high retention rates and more new business as he insists the firm is not for sale.
Axis buys Novae for £468m
The board of the Lloyd's insurer to "unanimously recommend" the offer.
Merged Lark and Aston Scott to pursue further consolidation
Peter Blanc says management structure of the merged businesses is yet to be decided as he reveals more deals are in the pipeline.