Mergers & acquisitions (M&A)
Review of the year - Loss adjusting: Ups and downs
2011 was another rollercoaster ride in the loss adjusting sector, with claims surges, criticism from insurers, struggles with recruitment, and mergers and acquisitions.
Omega seeks clarification over Haverford bid as deadline approaches
Lloyd's insurer Omega has admitted that bidder Haverford is considering cutting its offer for 25% of the business.
DAS buys specialist legal website firm
The DAS UK Group has bought Bristol-based online legal services company Everything Legal.
CCV Leicester buy opens doors in East Midlands
Callum Capital Ventures has bought Leicester broker LFE Insurance Services from family owners Helen and Adrian Paintin.
Axa considers Bluefin Advisory sale
Axa has appointed advisors to line up Bluefin Advisory Services for a sell-off, but has made it clear that the general insurance broker business is not for sale.
DWF and Crutes to merge
Law firms DWF and Crutes have announced that they will merge in January 2012.
Brightside targets £17m technology acquisitions
Brightside is clearing the way for a £17m deal to acquire E-Systems and e-development, according at the group.
Axa, MMA and Allianz linked with Groupama swoop
Axa, MMA's parent Covea and Allianz have been tipped to buy Groupama arm GAN, according to reports.
Murphy assures staff THB takeover was not executed for efficiencies
THB chief executive Frank Murphy has promised employees at the Lloyd’s and London market broker there will be no similarities between his firm’s multi-million pound takeover by AmWINS and that of the Gallagher buyout of Heath Lambert.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Middle East insurance consolidation is inevitable, claims lawyer
It is not of matter of if there will be consolidation in the Middle East insurance market, but when, according to a local legal expert.
Your say: Thinking small
I enjoyed the article about the ‘historic’ merger between the British Insurance Brokers’ Association and Institute of Insurance Brokers but was a little disappointed that the only broker reaction published came from Stuart Reid, Jon Morrell and Phillip…
Merlin confirms approaches after refinancing
Loss adjuster Merlin has admitted to receiving “approaches from interested third parties” about acquiring the firm — just 21 months after it was refinanced by banks.
Stonepoint to reduce interests in Cunningham Lindsey and Lockton
Global claims management group Cunningham Lindsey and broker Lockton International are both looking at options that may see private equity giant Stonepoint Capital divest or reduce its interests in the groups, Post understands.
Website review: Beat That Quote
Web performance specialist Gomez looks at Beat That Quote's website.
Stonepoint to reduce interests in Cunningham Lindsey and Lockton – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how, according to market speculation, Cunningham Lindsey and Lockton International are both looking at options that may see private equity giant Stonepoint Capital…
AmWINS agrees THB deal
AmWINS Group is to take over the THB Group with an accepted bid of 80.55 pence per share making it worth about £29m.
TIP buys Rhodes Wood Risk Services
Yorkshire broker The Insurance Partnership has expanded its presence in the West Midlands with the acquisition of Wolverhampton-based Rhodes Wood Risk Services.
Guest blog: GCC markets and the 2012 Crystal Ball
While The Cooperation Council for the Arab States of the Gulf markets, or GCC as they are known, return to a semblance of what was pre-financial crisis normality as they knew it, the race to write more for less will certainly continue.
Higos grows further with RM Gillingham
Higos Insurance Services has bought Bridport high street firm RM Gillingham & Son as part of it south-western region expansion with its third acquisition this year.
Structure is behind perception that Allianz UK is underweight, says Booth
The director responsible for all of Allianz’s insurance operations in the UK has insisted it is not underweight, and that it often gets overlooked in top five lists because of its structure.
Howden acquires Accette’s Asian operations
Broker Howden has acquired the insurance operations of Accette Insurance Group in Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.
European conditions challenging for JLT
Jardine Lloyd Thompson Group has reported it remains on track to achieve its objectives and deliver year-on-year financial progress.
Hyperion completes acquisition
Howden Broking Group, the broking subsidiary of Hyperion Insurance Group, has completed the acquisition of the insurance operations of Accette Insurance Group in Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.