Mergers & acquisitions (M&A)
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.
AJ Gallagher in Heath Lambert sale talks
Arthur J Gallagher International is in takeover talks with London market broker Heath Lambert, according to sources close to the company.
Cullum backing bodes well for industry
I was personally delighted to see the news that Towergate Partnership has completed its refinancing and secured the investment from Advent International.
Gallagher acquires Woodbrook
Arthur J. Gallagher International has acquired the business and certain assets of Woodbrook Underwriting Agencies.
Bartlett supports Better acquisition
Global insurance broker Bartlett Group has provided the insurance advisory and broking services for Better Capital during the acquisition of the advisory businesses of Santia, formerly part of the Connaught group, from its administrators, KPMG.
Insurer mergers & acquisitions: Is 2011 the time to strike?
After a lean period for insurer mergers and acquisitions through the economic downturn, Daniel Dunkley reports that the first rays of sunlight might begin to show in 2011.
Interview - Gregorio Santos: A new UK journey for Mapfre
With the purchase of Insure and Go, Mapfre entered the UK direct market in a blaze. Leigh Jackson talks to its UK chief executive Gregorio Santos about his plans to grow the business on these shores.
Recruitment specialists complete merger
Specialist recruitment insurance firms Dallas Kirkland Professionals and Giles Recruitinsure have merged.
Achilles receives FSA and Lloyd's go-ahead for Brit takeover
The Financial Services Authority has today given formal notice of its approval in respect of Achilles' acquisitions of Brit Insurance.
Jubilee “focused on growth” amid sale rumours
Lloyd’s insurer Jubilee has claimed that it is focusing on its future growth amid speculation that the company is up for sale.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Brit share deal extended for seventh time
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended yet again.
Gallagher raises $125m to fund acquisitions
Arthur J Gallagher has completed a private placement of $125m of senior unsecured notes.
Mapfre plans global roll out of Insure & Go model
Spanish insurer Mapfre has revealed that it is set for a global roll out of its direct-to-consumer travel products, following its acquisition of Insure & Go.
Beazley targets M&A in the wake of Solvency II
Beazley expects to reap "significant benefits" from merger & acquisition opportunities presented by Solvency II, if the new rules prove difficult to implement for some insurers.
Chaucer confirms bid rumours as Terra Firma enters frame
Chaucer has again become the subject of speculation in the market after it was revealed "a number" of potential buyers have made provisional approaches for the firm.
Terra Firma confirms Chaucer interest
Private Equity giant Terra Firma has confirmed a potential bid for Lloyd’s of London insurer Chaucer’s entire issued share capital.
Brightside swoops for Quote Exchange
Brightside Group has agreed to purchase the entire issued share capital of Quote Exchange Limited for a maximum consideration of £3.7m in cash and the issue of 1,394,700 ordinary shares in Brightside
Chaucer confirms potential offers
Chaucer has confirmed that it has received a "number of approaches" recentlly, regarding a possible offer.
Ally insists it still plans to sell "discontinued op" Provident Insurance
Provident Insurance’s US owner Ally Financial has told Post it still plans to sell the business despite revealing in its 2010 accounts last week that the business was now classed as a “discontinued operation as of 12/31/2010”.
Brit share deal extended again
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended for a sixth time.