Management buyout (MBO)
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.
Aria Assistance teams up with Pannone Affinity Solutions on legal services
Aria Assistance, the newly independent firm that has evolved from the management buyout of the UK and Ireland arm of Europ Assistance, has appointed Pannone Affinity Solutions, to provide legal advice and services support.
Business as usual at Lark following MBO, declares chairman
Graham Lark has promised clients and staff at his now-independent broker that it will be "business as usual" following the MBO from Groupama that has taken two months to finalise.
Groupama UK chief exec full of praise for Lark's new owners
Groupama UK chief executive François-Xavier Boisseau has praised the Lark management team behind the acquisition of his firm's majority shareholding, describing the now-independent broker as a "very consistent performer".
Aria Assistance swoops for POH one month after MBO
Aria Assistance has underlined its commitment to the occupational health services sector with the acquisition of Premier Occupational Healthcare.
Aria Assistance teams up with Ageas and Aviva on emergency help products
The newly-independent Europ Assistance team Aria Assistance is working with a host of major insurers providing policyholders with commercial and personal lines emergency services.
Europ Assistance MBO bosses unveil new insurance business
The team behind the management buy-out of Europ Assistance’s UK and Ireland arm and International Health Solutions has officially unveiled its new insurance and assistance services business Aria Assistance.
Cobra takeover deadline extended for fifth time
The Cobra takeover deadline has been extended for the fifth time, as chief executive Stephen Burrows continues to push through a deal.
CFC boss targets UK focus and management liability push
CFC Underwriting will look to "break out of its comfort zone" and concentrate on becoming a full service provider with a renewed focus on bolstering its management liability offering.
"Strong likelihood" of redundancies as Covea scraps aggregator plans
MMA Holdings has confirmed that it will not be launching an aggregator platform as it "does not fit" with its core UK business and plans for future growth.
Cobra deadline extended to 15 June
The deadline for the Cobra deal has been extended for the third time.
CFC further bolsters professional risks team with Walker appointment
CFC is back on the recruitment trail following the appointment of former Sydney-based CGU professional risks team leader Andrew Walker.
Whittington to be known as 'Asta' following MBO
Whittington UK has signalled the completion of its management-led acquisition by announcing the rebranding of the firm, which will now be known as Asta.
Safety consultants in management buyout
Health, Safety and Engineering Consultants, based in Ashby-de-la-Zouch, Leicestershire has undergone a £2.7m management buy-out backed by venture capitalist EV.
Hyperion sells stake in CFC underwriting
Hyperion is selling its 60% stake in CFC Underwriting to a consortium of private investors and the management team.
Groupama and Brit hit snags as they try to shortlist potential buyers
Industry big-hitters linked to Direct Line Group chairman role
La-Band vows to build London presence at Quorum following MBO agreement
Crawford & Company's departing global markets vice president Michael La-Band has outlined his intention to establish a London presence at his new employer - international loss adjusting firm Quorum - following his imminent move to Mexico.
Interview: Opportunity knocks for Capita's Brent Escott
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
Cooper Gay UK MGA undergoes an MBO
Cooper Gay & Co has rebranded its MGA platform, Oliva, as Globe Underwriting as part of a decision to refocus on international business.
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?
Europ Assistance completes MBO
Europ Assistance Holdings has completed a management buyout to become an independent entity.
NED Tim Ablett leads Europ Assistance UK MBO
Europ Assistance’s non-executive director and former Groupama managing director Tim Ablett has confirmed he is leading the management buyout of the travel insurer’s UK and Ireland arm.
Europ Assistance UK completes MBO
Europ Assistance’s UK and Ireland arm has been the subject of a management buyout, Post has learned.