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Linaker bought out by SBJ

Broker SBJ Group has acquired the entire issued share capital of E Nugent Linaker & Co and its subsidiaries, including Linaker (Plymouth) and Linaker (Western). Consideration for the transaction was not disclosed.

Jelf continues buying spree

The Jelf Group has acquired Reading based insurance broker John Wason which has a book worth £4.5m gross written premium.

Beazley buys out Santam

Lloyd's insurer Beazley this morning announced that it had acquired the entire issued share capital of Santam Corporate from Santam UK. Santam Corporate participates solely on syndicate 623 with a capacity of £19.0m.

Oak speculation; wrong end of the stick

Following the acquisition of Lloyd’s broker Somerville Insurance Services by the Lark Group, speculation has arisen that Oak Underwriting, also owned by SIS’s parent company the Somerville Group, may be for sale. However, senior management at Oak and…

CCV acquires Fenton

Acquisition vehicle Cullum Capital Vehicles has completed its seventh deal since June. The acquisition of Fenton Insurance Solutions based in Kings Lynn, Norfolk, which controls £6.5m gross written premium gives the group a total gross written premium of…

Appointment at XL Capital

XL Capital has promoted Rod Mearing to underwriting manager, international aviation. He will run the...

Appointment at Aascent

Aascent has restructured its senior management team, with Kevin O'Flanagan, managing director and fo...

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