Mergers & acquisitions (M&A)
Markerstudy buys Co-op Insurance for £185m
Co-op has sold its underwriting business to Markerstudy for £185m.
Aston Lark signals Ireland ambitions with acquisition of Robertson Low
Aston Lark has acquired Irish broker Robertson Low, making the Dublin-based company its first international purchase as the group looks beyond the UK.
This week in Post: No done deal
Post journalists and broking stalwarts found themselves in the Houses of Parliament this week, on the day that Prime Minister Theresa May’s Brexit deal suffered an historic defeat.
GRP’s County Group acquires ‘quite excellent fit’ Swinford
GRP’s County Group has acquired Swinford Insurance Consultants.
MRIB Group acquires trampoline insurance broker
MRIB Group has acquired chartered health and fitness insurance broker Independents.
Saffron eyes up further acquisitions following purchase of Farmer Insurance
Broker Network’s Saffron Insurance has acquired Farmer Insurance and will continue to seek acquisitive growth.
Hyperion to take measured approach to acquisitive growth
Hyperion will look to build on its retail business this year, but CEO David Howden said the firm will never chase premium through acquisitions.
Gallagher UK to focus on integration of Stackhouse Poland this year
Gallagher UK will be "thoughtful" about the pace at which it buys other businesses this year, as it focuses on the integration of Stackhouse Poland into the wider group.
Marsh soon to launch $5bn senior notes offering to fund JLT acquisition
Marsh parent Marsh & McLennan has revealed the pricing structure of a $5bn senior notes offering, prior to the completion of its acquisition of JLT.
Kingsbridge acquires gig economy insurtech Dinghy
Kingsbridge Group has acquired of insurtech company Dinghy, which provides on-demand professional indemnity cover to freelancers and ‘gig’ economy workers.
Gallagher to buy Stackhouse Poland
Gallagher will buy acquisitive regional broker Stackhouse Poland.
Ardonagh completes Swinton acquisition and MGA sale
The Ardonagh Group has completed the purchase of broker Swinton, while the sale of its commercial underwriting business to Arch has also been finalised.
Updated: Mass leadership reshuffle to follow Marsh/JLT acquisition
Global broker Marsh has unveiled a ream of senior people moves, effective once the JLT deal has completed.
Abbey Insurance owners acquire fellow Northern Ireland broker Autoline
Prestige Insurance Holdings, which owns Northern Irish personal lines broker Abbey Insurance, has reached an agreement to acquire Autoline Insurance.
Charles Taylor bolsters liability team by hiring senior sextet from Vericlaim
Charles Taylor Adjusting has bolstered its complex corporate liability function with the recruitment of six senior adjusters formerly with rival VRS Verclaim.
Finch and ICB owner on acquisition trail with sight set on €500m revenue by 2022
Adelaide, the owner of Finch and ICB Group, is looking to acquisitive growth as it aims to increase its revenue across Europe by 150% by 2022.
Gallagher Bassett acquires claims management firm
International risk services firm Gallagher Bassett has bought UK-based Property Claims Management Services.
Stackhouse Poland makes fourth acquisition of the year
Stackhouse Poland has continued its acquisition drive by buying specialist real estate broker Property Insurance Initiatives.
Ed unveils CEO Hearn’s replacement and plots Bermuda office
Andrew Draycott will take on the role of Ed Broking CEO once its acquisition by Besso owner BGC Partners is complete, while the specialty, wholesale and reinsurance broker has also revealed plans to open a Bermuda office.
Gallagher acquires South West commercial broker
Gallagher has acquired Devon-based commercial insurance broker Pavey Group, in its fourth acquisition of the year.
GRP to add two more regional ‘hubs’ next year
GRP is on the hunt for two more large regional brokers to act as hubs in Essex and the Midlands, respectively.
Finch Group snaps up Southampton-based broker
Broker Network partner Finch Group has bought Specialist Insurance Agency.
Director of Content's comment: Insurance dynasties - Who will be the next predator?
“Extraordinary animals, each in a heroic struggle against rivals and against the forces of nature, fighting for their own survival and for the future of their ‘Dynasties’."
Interview: Shaun Lynn and Steve Hearn, BGC and Ed
With the takeover of Ed, BGC president Shaun Lynn believes he now has the person in its CEO Steve Hearn to help it realise its insurance ambitions. The pair spoke to Jonathan Swift about how an investment in technology, talent, globalisation and a finely…