Mergers & acquisitions (M&A)
Atlanta reveals Be Wiser price tag
Ardonagh paid £6.3m in cash for the business and assets of motor broker Be Wiser Insurance last year.
Gallagher rebrands Innovu and buys Doyle Mahon in Ireland
Gallagher has bought Irish broker Doyle Mahon and revealed the Innovu deal is now fully integrated with the rebrand set to complete next Monday.
‘Pull a finger out’ – Average time taken by FCA to approve acquisitions doubles
The Financial Conduct Authority's average time taken to approve acquisitions has more than doubled, leading to calls for the regulator to 'get things moving' to help brokers buy and sell businesses much faster.
Servca buys healthcare insurance specialist
Lloyd’s broker Servca has bought Medicas, an independent health insurance specialist, for an undisclosed sum.
Dickson & Co buys Jim Burton Insurance Services in Armagh
Dickson & Co has expanded its network of offices in Northern Ireland to eight with the purchase of Armagh-based Jim Burton Insurance Services.
Ardonagh buys Stallard Kane
Ardonagh Advisory has bought Stallard Kane Group, a provider of health and safety, HR, training, and employment law compliance consultancy services.
‘Stacks and stacks’ of UK brokers still left to join us – Acrisure UK chief McIlquham
Despite evidence that the number of UK brokers available for purchase is diminishing, Acrisure's UK retail chief Mark McIlquham says there are still lots left attracted to its model.
Sutton Winson snapped up by acquisitive broking group
Sutton Winson and Sutton Specialist Risks have been acquired by Acrisure.
RCapital and Montague complete UK General deal
Rcapital Partners LLP, and joint investor Montague Investment Group have completed the acquisition of UK General Insurance and Precision Partnership Limited, following regulatory approval.
County Group buys North Wales broker
GRP’s County Group has acquired broker Business Insurance Specialist for an undisclosed sum.
MVP invests in Yorkshire broker
Minority Venture Partners have announced a new investment, this time in Yorkshire insurance broker Hathaway and Cope.
Stubben Edge buys Helodrium
Stubben Edge Group has bought regulatory and compliance experts Helodrium.
Top 75 UK Brokers: Introduction
Welcome to the new look Top 75 UK Insurance Brokers which Insurance Age has put together with the help of Insuramore.
Top 75 UK Brokers: Analysis
2021 has been another fascinating year for the UK broker market. John Needham and Will Lanyon from PKF Littlejohn, an accountancy firm that focuses on the insurance industry, look at some of the main trends – including ownership, M&A activity, market…
NFP acquires one of the largest brokers in Staffordshire
NFP has acquired Bentley Insurance Services, its fifth broker acquisition in two years.
FR Ball announces merger with Wessex BS and acquisition
Abergavenny based brokers FR Ball has merged with high-street player, Wessex Business Services to create Wessex Insurance Brokers.
Lucida posts rising revenue for 2021 after string of takeovers
Lucida Broking Holdings has reported a 28% increase in revenue for 2021 to £39.28m across broking, underwriting and the provision of services to the insurance sector.
Jensten completes Ravenhall buy
The Jensten Group has completed the purchase of Ravenhall Risk Solutions, following final regulatory approval, bringing an additional 2,500 clients and 25 staff to the group.
Headline Makers: October 2022
The key stories from the past month all in one place.
Aston Lark reveals growth in final year before sale to Howden
Aston Lark has posted a 72% rise in revenue at group level to £157.6m in 2021 with organic growth in commission and fees coming in at 11%.
UK Broker Awards 2022: Deal of the Year
This high-profile deal, completed smoothly against the challenging backdrop of the pandemic, was a strong vote of confidence in UK broking
UK Broker Awards 2022: Achievement Award
David Howden is at the helm of a multi-billion-dollar global business on a fast-paced consolidation spree, all the while campaigning for better self-regulation across the industry and greater disaster relief
Ardonagh Specialty to buy Oxford Insurance Group
Ardonagh Specialty has signed up to acquire Lloyd’s broker Oxford Insurance Group.
Stubben Edge buys finance platform Finpoint
UK-based insurtech Stubben Edge has acquired credit broker Finpoint for an undisclosed sum.