At the Monte Carlo annual rendezvous this week, Lloyd’s chairman Bruce Carnegie-Brown said the corporation was ready to “hang” perpetrators of bad behaviour after its culture survey revealed some “sobering” results.
Clear Insurance Management has acquired Alcester-based Morrison Insurance Solutions, its largest acquisition to date.
Hyperion will bring Howden and RKH together under a single management structure.
RSA UK & International has merged its Commercial Risk Solutions and Global Risk Solutions businesses to create a single business unit focused on commercial lines, as it seeks to regain profitability.
Charles Taylor saw a pre-tax loss of £2.1m as the group announced the sale of its managing agency to Premia Holdings.
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.
From Bolton to Palace; Gretna to Argyle - when insurance personalities invest time and money in football
As former Sabre CEO Keith Morris backs the Bolton Wanderers FC buyout, Post content director Jonathan Swift looks at other insurance individuals who have been closely involved in football over the last two decades.
Gallagher has acquired RGA Group, a lettings and landlord broker based in Brentford, marking a return to acquisitions eight months on from its acquisition of Stackhouse Poland.
Sedgwick has completed its third acquisition of the year with the purchase of York Risk Services.
Finch group has completed the acquisition of Bridle Insurance, bringing £10m in gross written premium to the company.
Goldman Sachs’ merchant banking division’s purchase of majority stake in Aston Lark has completed.
Aston Lark has bought Manchester-based commercial lines broker Buckland Harvester.
Ardonagh group has confirmed the closure of all Swinton branches as the integration of the business is almost complete.
Ardonagh Group has posted a loss of £44.5m for the first six months of 2019, an increase of £11.7m on the £32.8m loss reported for the same period last year.
PIB will now integrate childcare broker Albany Childcare into Morton Michel, despite pledging at the time of purchase it would keep the brand.
Essex-based risk management specialist Health and Safety Click has been bought by consolidator GRP.
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.
Gauntlet Group’s network Gauntlet Enterprise has picked up its first Welsh appointed representatives.
A majority stake in managing general agent Avid has been sold to Beech Tree Private Equity.
Three insurtechs have pulled out of the insurance market so far this year, raising questions around the efficacy of selling insurance to millennials and whether more of these firms will fall.
LV will complete the transfer of business from L&G General Insurance by the beginning of 2023.
Sedgwick has acquired Nordic Loss Adjusting and related entities, for an undisclosed amount.
International risk services firm Gallagher Bassett has acquired the assets of Welsh claims firm, Adjusting Associates, to expand its offerings in the UK.
Arch Capital has agreed to buy Lloyd’s insurance group Barbican.