Mergers & acquisitions (M&A)
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Giles rebuffs claim that growth dependent on acquisitions
Giles Insurance Brokers has stated its growth "does not depend on acquisitions" as it recorded an operating loss of £6.5m (2009: £8.4m profit) for the year ended August 2010.
RSA plans to 'dominate' marine after niche buy
RSA's acquisition of niche marine broker Noble Marine is part of a plan to dominate the UK marine market, according to marine director Richard Turner.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Gallagher's crashes UK top 10 broker table with £97m Heath swoop
Arthur J Gallagher has confirmed it has completed the acquisition of Heath Lambert in a £97m cash deal.
Aon expands Irish operations with risk consulting practice
Aon Risk Solutions is expanding its presence in Ireland, with the opening of a branch of its global risk consulting business.
Interview - Tim Coles: up and at it
After serving in the army, Tim Coles, chief executive of Howden, found fresh excitement in the world of insurance. Mairi MacDonald talks to him about the company's unique attitude and his plans to grow the business further.
Insure & Go ditches home and motor to push travel ambition
Mapfre-owned online travel provider Insure & Go has ceased writing home and motor business ahead of a global roll-out of its direct travel insurance model.
Hyperion aims for £200m target by 2014
The development of a general commercial retail broking operation in the UK will play a major role in Hyperion Group becoming a £200m business by September 2014.
Biba 2011: Video - Biba Today: Potential Biba and IIB merger – what the delegates think
As the British Insurance Brokers' Association conference in Manchester digested the news of a possible merger between Biba and the Institute of Insurance Brokers, Post and Insurance Age asked delegates what they thought of the news.
Exam Works extends UK presence with Premex acquisition
Premex Group has been bought by international medical examinations provider Exam Works in a deal that is thought to be worth £66m.
Biba 2011: The IIB/Biba merger in context - more than a coalition of convenience?
With the announcement from British Insurance Brokers’ Association chairman Patrick Smith that the trade body is in talks that could lead to a full merger with the Institute of Insurance Brokers, Jonathan Swift looks at why the move now makes sense.
Editor's comment: tying the knot
The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.
Post blog: A smaller catch after the one that got away
With many in the insurance market taking advantage of the double bank holiday whammy you would have thought the past week would have been a good time to bury bad news.
Towergate hints at global acquisition plans in 2011
Towergate Insurance Group has not ruled out an acquisition outside the UK before the recently refinanced consolidator achieves its long-term goal of flotation.
AJ Gallagher beats 15% target in Q1
AJ Gallagher has recorded revenue of $446.9m (£269.7m) in the first quarter of the year, marking a $47m increase compared to the same period in 2010.
RSA targets HNW top spot after Oak deal
RSA is aiming to become the number one player in the high net worth market, following its acquisition of Oak Underwriting.
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
Broking supplement: Interview – David Flux: The lie of the land
Lured off of a tractor and into the family business with the promise of an extra £4-a-week, David Flux has worked his way to the top of the firm. He talks to Amy Ellis about life in the niche motor market.
Irish brokers wary of Quinn business model after takeover
Uncertainty remains over the business model of the former Quinn Insurance, following its takeover by Liberty Mutual and Anglo Irish Bank, according to Irish brokers.