Bollington
Buyout sees Bollington follow Lark in breaking away from Groupama
The Bollington Group has become the third and final Groupama-owned broker to clarify its long-term future after a management buyout agreement was reached.
Post magazine – 14 February 2013
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Moors-led management team completes Bollington MBO
The Bollington Group management team has this afternoon confirmed an agreement to buy a majority share in the firm.
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
Bollington MBO could be completed within weeks
A management buyout at Macclesfield-based Bollington could be finalised within weeks, despite speculation that a decision on the Groupama-owned broker's future is on the back burner.
Editor's comment: Grading the government
With the UK economy still struggling to recover from one of the deepest recessions in generations, expectations were rising fast as Post went to press on Tuesday that a somewhat dejected George Osborne would be addressing the nation come Wednesday…
Broker sales on back-burner
The sale of Groupama-owned brokers Bollington and Carole Nash are said to be on the back-burner while the dust settles on Ageas’ acquisition of the UK insurance arm.
Groupama launches group PA and travel quote facility
Groupama Insurances has added an online quotation facility for group personal accident, illness and business travel cover to broker extranet Optima Online.
Silence on MBO as Bollington sees profit rise to £1.4m
Groupama-owned broker Bollington has reported that net profit in 2011 increased to £1.4m, compared with £985 176 in 2010.
Bollington net profit rises to £1.4m
Groupama-owned broker Bollington Insurance saw net profits rise by almost 50% over 2011.
Insurer-owned brokers: An endangered species?
The insurer-owned broker has become a permanent industry fixture in recent years, but a number of sales may have put the model in doubt. Are its days numbered?
Groupama acquisition could propel Ageas UK into top 10 insurer spot
The insurance industry is considering the effect of consolidation and change in the UK personal lines market after Ageas entered into exclusive discussions with Groupama with a view to taking over its UK insurance company.
Lark buyout casts doubt on long-term viability of insurer-owned brokers
The management buyout of Lark after five years of Groupama ownership has raised questions over the long-term viability of insurers taking controlling stakes in broking businesses.
More of the same in H2, says FXB, as Groupama targets strategic shift
Groupama chief executive François-Xavier Boisseau has dismissed suggestions that the divestment of the firm's UK broking arm is likely to significantly dent the future financial performance of the business.
Groupama achieves profitable H1 as tangible divestment begins
Groupama has recorded a 20% rise in profits before tax in H1 2011 to £22.2m.
Bollington targets life sciences amid sales and marketing drive
Bollington has set up a new team to target the medical devices sector.
Groupama reaches agreement to sell Spanish arm
Groupama is to sell its Spanish operation to Catalana Occidente in a deal worth €404.5m (£326.3m).
Communicating Change: Preparing to be purchased
Groupama UK and its broker subsidiaries were put up for sale in January. How has its management communicated the process to ensure that positive commercial momentum is maintained?
BIBA 2012: Young broker and Francis Perkins award winners named
The British Insurance Brokers' Association has named Caroline Webster of Higos Insurance Services as national Young Broker of the Year, and Dennis Veingard of Premiercare Insurance Brokers (UK) Ltd as winner of the Francis Perkins Award.
Cooper Gay private equity deal 'not concrete'
Cooper Gay Swett & Crawford has confirmed that the broking group's chief executive, Toby Esser, is in talks with potential private equity investors, although no deals have been struck yet.
Private equity: a new wave of investment
A new wave of private equity investment is entering the insurance market on the back of tougher bank lending terms. But is it here to stay?
Groupama and Brit hit snags as they try to shortlist potential buyers
Industry big-hitters linked to Direct Line Group chairman role
Bollington reshuffles management team as private equity speculation increases
Joe and Stephen Wall have both left the Groupama-owned firm
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?