Mergers & acquisitions (M&A)
Towergate acquires Kent broker
Towergate Insurance has acquired BWA Insurance Services trading as Beric Webb Associates.
Multi-brand strategy moves a step closer at Aviva
Next month’s launch of an internet-only brand by Aviva could prove the first of many, according to UK general insurance CEO David McMillan, as the insurance giant remains optimistic of retaining a significant proportion of RAC’s 300 000 motor insurance…
Interview - Peter Winslow: Best at building
Backed by an armoury of well-known brands, BGL CEO Peter Winslow tells Lynn Rouse about pan-European aggregation, acquisitions and why there is plenty of life in meerkats yet.
Brown: Aon 'could buy anyone' to expand its regional footprint
Aon UK chief executive Rob Brown has claimed the broker is well positioned to make further acquisitions in the UK market and "could buy anyone" to expand its regional footprint.
Customer service: Brand no longer a guarantee of standards
It is becoming harder for companies to rely on the strength of their brand to prove their service credentials, according to speakers at the breakfast briefing.
Beachcroft and DAC in merger talks
Beachcroft and Davies Arnold Cooper are in talks over a potential merger that would create an insurance law firm with combined revenue of close to £175m.
Hastings eyes Aviva and Allianz in 2012 IPO push - Insurance News Now - 23 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the news that the panel of insurers at Hastings Direct has more than doubled in size since an MBO 18 months ago. The firm is due to sign another five companies…
Bloodstock - Market Update: Dark horse
With race lovers flocking to Royal Ascot this week, Jane Bernstein reports on a bloodstock insurance market still hampered by soft rates and self-insurance.
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
RSA acquires Canadian firm ETFS
RSA Insurance Group has confirmed the acquisition of the insurance assets of Expert Travel Financial Services Incorporated a distributor of travel insurance in Canada.
Transatlantic and Allied World in $8.5bn merger
Transatlantic Holdings and Allied World Assurance Company have confirmed the signing of a definitive merger agreement.
Kiln acquires 49% stake in WNC Holdings
Insurance and reinsurance underwriting group Kiln has bought a 49% share in US-based WNC Holdings, a company the Tokio Marine member has worked in partnership with since 1986.
Markerstudy acquires Blagrove Insurance
Markerstudy Group has announced the acquisition of Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Jelf on course to be debt free by Q3 2012
Jelf chief executive Alex Alway has said the broking group is on course to be debt free by quarter three of 2012 — after the company revealed a pre-tax profit of £800 000 for the half year ending 31 March.
Kennedys opens ninth international office
Dispute resolution law firm Kennedys has created an Irish operation through a merger with Dublin firm O'Hare O'Connor Walshe.
M&A - market update: Coming together
Merger and acquisition activity is finally on the rise following a long period of stagnation. Daniel Dunkley looks at what is behind the increase.
Oamps sets sights on UK expansion
Oamps has confirmed its acquisition of the book of the life science and associated business from Giles Insurance Brokers as part of a strategy to grow its UK business through the acquisition of new teams.
Barlow and Clyde in merger talks
Law firms Barlow Lyde & Gilbert and Clyde & Co are in advanced merger talks, Post Online sister title Legal Week has revealed.
Ingosstrakh responds to Generali Russia rumours
Russian insurer Igosstrakh has stated that deals with "radical differences" to the vision of the firm's development strategy will be avoided.
Ingosstrakh responds to Generali Russia rumours
Russian insurer Igosstrakh has stated that deals with "radical differences" to the vision of the firm's development strategy will be avoided.
Sword talks to two after MBO
Insurance software firm Sword Insurance has hailed the growing influence of private equity in the insurance sector, after it confirmed a leveraged management buyout from French-owned Sword Group.
Axa to sell Candian property and casualty arm
Axa has announced plans to sell its Canadian property and casualty business for a total cash consideration of CA$2.6bn (Euro 1.9bn) to Intact Financial.
Swiss Re completes £1.6bn deal
Swiss Re has announced plans to acquire approximately 300 000 policies and £1.6bn in assets from American Life Insurance Company.
Axa to sell Candian property and casualty arm
Axa has announced plans to sell its Canadian property and casualty business for a total cash consideration of CA$2.6bn (Euro 1.9bn) to Intact Financial.