Mergers & acquisitions (M&A)
John O’Roarke rules out LV commercial lines acquisitions
LV’s strategy for growth in the commercial market will not involve an acquisition - including NIG - according to the firm’s general insurance managing director John O’Roarke.
Quinn attracts three suitors
Three proposals for the purchase of Quinn Insurance have been submitted to Ireland's finance minister Michael Noonan, according to the Irish press.
Quinn attracts three suitors
Three proposals for the purchase of Quinn Insurance have been submitted to Ireland's finance minister Michael Noonan, according to the Irish press.
Howden to acquire Israeli broker
Howden Israel has reached an agreement to acquire Davidoff Insurance Brokers.
Interview – Peter Halpin: keeping Swinton on the acquisition track
Swinton CEO Peter Halpin had a lot to live up to - following, as he did, in Patrick Smith’s footsteps. He talks to Leigh Jackson about taking the company forward and continuing its impressive acquisition record.
CCV looks to top 12 annual acquisitions
Callum Capital Ventures is aiming to exceed its current rate of one acquisition a month, after completing the purchase of South Wales-based Hanbury insurance.
Acquisition-hungry Swinton spells out 2011 buy strategy
High street broker Swinton is targeting at least 25 acquisitions in 2011, after completing five such deals so far this year.
Amlin blames earthquakes for £250m drop in profit
Amlin will monitor rate increases in earthquake zones in 2011, after blaming significant catastrophe activity for a £250m drop in profit for 2010.
Editor’s comment: two new faces to watch
With Google this week snapping up beat that Quote for a little under £40m, and web design firm Vast Visibility simultaneously buying two specialist bike and van price comparison sites, aggregators are very much the insurance ‘buy du jour’.
Web design firm buys motor comparison sites
Insurance comparison site The Bike Insurer has been acquired by web design firm Vast Visibility, Post has learnt.
Concern over Google buying BTQ
Google intends to run Beat That Quote as a separate business in the near term, following its £37.7m acquisition of the aggregator.
Google buys Beat That Quote
Google has acquired price comparison site Beat That Quote for £37.7m.
Weightmans acquires Vizards Wyeth insurance division
Law firm Weightmans will take on the insurance business of rival firm Vizards Wyeth from 1 April.
Bridle acquires London broker Harrington Adams
Bridle Insurance has purchased London-based insurance broker Harrington Adams, specialists in motor and home insurance for City workers and small commercial business.
CCV acquires niche motor broker
Cullum Capital Ventures has acquired Hanbury Insurance, a personal and commercial lines broker in South Wales specialising in taxi insurance.
Interview – Simon Douglas: the attraction of AA Insurance
Simon Douglas, director of AA insurance, previously worked in the life & pensions and private medical markets. He talks to Mairi Macdonald about what attracted him to the debt-laden business and the challenges it faces.
Broker focus – private equity: the start of a broader movement?
2011 has already seen one major broking private equity deal involving Towergate. Rachel Gordon assesses whether this is likely to be a one off, or the start of a broader movement within the intermediary market.
JLT extends 'firepower' to £350m as bolt-on buys beckon
Jardine Lloyd Thompson has extended its unutilised debt facility beyond the £200m mark in order to fund new acquisitions.
Markerstudy buy boosts bold ambition in mobile repair
Markerstudy Group has set its sights on becoming a "major player" in the windscreen repair market following its acquisition of Auto Windscreens.
Post history – 10 years ago: Allianz set to buy major life insurer
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Markerstudy seals Beal purchase
Markerstudy Group has acquired the business of Kent-based insurance firm Beal & Co.
Crawford completes Italian deal
Crawford & Company has completed its acquisition of Italian liability loss adjuster Studio Bolton & Associati.
Crawford completes Italian deal
Crawford & Company has completed its acquisition of Italian liability loss adjuster Studio Bolton & Associati.
Interview - Paul Evans: Axa's split decision
CEO Paul Evans didn't hang about when it came to splitting Axa UK's personal and commercial businesses - and now he's promising brokers great service, products and relationships, as Jonathan Swift discovers.