Exclusive: The number of UK insurance distribution mergers and acquisitions rose from 82 in 2018 to 93 last year, driven by a surge in deals valued under £5m, industry specialists Imas Corporate Finance has revealed.
Marsh & McLennan Companies has reported revenue of $16.65bn (£12.66bn) and profits of $1.74bn for 2019.
Gallagher delivered revenue and margin growth across all four UK trading units of retail broking, specialty broking, Pen Underwriting and Capsicum Re last year, Simon Matson has stated.
As the January sales draw to an end consumers aren't the only ones with deals on their minds.
JLT and Hyperion have agreed to settle a lawsuit brought by JLT in relation to employees who left the broker last year and subsequently joined Hyperion.
Martin Kelsh, the former production and distribution director of Neon, has joined Lloyd’s broker HW Wood as head of the international non-marine team.
UK-based insurtech startup Cuvva has raised £15m in series A funding round as it prepares to launch a pay-monthly product at the beginning of next year and disrupt the existing insurance status quo
It feels as if 2019 was an uncomfortable year for the general insurance market as it never quite seemed to grasp control of its own destiny. Wherever you look, carefully laid plans were derailed by the unexpected – and often unwanted – intervention of…
Insurers have been forced into the front line of the fight to stop global warming and climate change and they are beginning to feel uncomfortable and exposed. While several major insurers have issued bold commitments to join the fight to halt global…
Newly appointed managing director for UK & Ireland Steven Wallace discusses expansion plans, consolidation within the market and Brexit
Marsh will rename its Jelf business Marsh Commercial in the first quarter of 2020, with potential branch closures as a result of an organisational restructure.
Marsh sister company Guy Carpenter has appointed David Priebe as chairman, effective immediately.
Nothing says team building quite like stumbling around a dark maze, falling headfirst into mirrors and haphazardly shooting lasers at your colleagues. Or so the democratic vote we held a few weeks earlier decreed.
Jonathan Palmer-Brown and Hugh Crossland, both formerly of JLT, have joined SSL Endeavour as group non-executive chairman and group chief financial officer respectively.
Injuries cost the Premier League clubs £221m in the 2018-2019 season, 3% more than in the previous season.
On Wednesday night Admiral chair Annette Court won the Achievement Award at The British Insurance Awards.
BMS has appointed Nick Moss as chief financial officer of the group.
Lucy Clarke, president of newly-operational Marsh JLT Specialty, has promised clients “an unmatched depth in terms of expertise and resources” following the close of Marsh’s acquisition of JLT.
Marsh & McLennan has completed its $5.6bn acquisition of JLT.
Former employees have expressed concerns over the impact of the Marsh/JLT deal on the market and the brokers themselves, after a former main board director of JLT slated the deal as a potential ‘train wreck’ in a Linkedin blog.
Post content editor Jonathan Swift looks at past aborted insurance bids and talks to consider whether a deal between Aon and Willis Towers Watson is dead, or merely on ice for now
The European Commission has given the green light for Marsh's JLT acquisition.
The more things change, the more they stay the same. So runs a French expression that feels apt in a week that saw Brexit delayed, leaving us all wondering whether we will be able to talk about anything else ever again.