Mergers & acquisitions (M&A)
Hill Dickinson confirms Halliwells takeover
Hill Dickinson has confirmed that it is to buy Halliwells’ Liverpool and Sheffield operations.
Bridle acquires Abbot Insurance
Bridle Insurance has acquired Leicestershire-based niche personal lines broker Abbot Insurance.
Apollo-Brit deal given 50:50 chance as PE house tipped not to raise bid
Private equity house Apollo is not expected to up its offer for Brit, meaning the chances of the deal being successful are 50:50, according to Jefferies International.
BLG poised for Halliwells' insurance team swoop
Barlow Lyde & Gilbert's partners have backed the proposed deal to acquire Halliwells' insurance team, according to Post's sister title Legal Week.
Medicals Direct buys London rival
North London-based medical services provider Medicals Direct Group has acquired rival firm Medibureau for an undisclosed sum.
Medicals Direct buys London rival
North London-based medical services provider Medicals Direct Group has acquired rival firm Medibureau for an undisclosed sum.
Aon in $4.9bn swoop for outsourcing firm
Aon has agreed a deal to acquire HR consulting and outsourcing company Hewitt Associates for $4.9bn, consisting of 50% cash and 50% Aon stock.
Aon in $4.9bn swoop for outsourcing firm
Aon has agreed a deal to acquire HR consulting and outsourcing company Hewitt Associates for $4.9bn, consisting of 50% cash and 50% Aon stock.
Lord Levene set to target state banks with new investment vehicle
Lord Levene, chairman of Lloyd’s of London, is to spearhead an acquisition vehicle targeting state controlled bank assets, according to reports.
Law firm Halliwells granted longer to find buyer
Halliwells has filed a second notice of intention to appoint an administrator in a bid to buy more time to secure a sale of the firm without entering into administration.
Halliwells to seek more time for sale
Halliwells is expected to ask for more time to negotiate its sale after more parties showed an interest in buying all or part of the firm.
A kwik fix for Fortis?
Fortis’ onward march continued last week with the not-so-unexpected news that it had acquired the Kwik Fit insurance business.
Policyfast enters Lloyd’s after acquisition of SP
Wholesale broker Policyfast has entered Lloyd’s after being granted coverholder status and acquiring an underwriting team from Stevenson Price.
M&A - Insurance business transfers: Back in fashion?
With a number of restructurings set to happen, Bruno Geiringer asks whether insurance business transfers could be ready for a resurgence.
Kwik Fit fan Smith hails the potential of £215m broker deal
Fortis UK has secured access to the Kwik Fit group's database of motor repair customers as well as the brand for a minimum of 10 years as part of its £215m acquisition of its insurance intermediary arm.
Policyfast enters Lloyd's
Wholesale broker Policyfast has achieved Lloyd's cover holder status.
Post Europe - Mergers and Acquisitions – due diligence
The tough economic climate has put many European mergers and acquisitions on hold but despite a thaw being seen on the horizon David Perla explains due diligence is more important than ever when joining two firms.
London market focused on M&A
Expansion, growth and mergers are highest on a list of issues of most concern to London market brokers and carriers, according to a recent survey.
Insurance Insight - Mergers and Acquisitions – due diligence
The tough economic climate has put many European mergers and acquisitions on hold but despite a thaw being seen on the horizon David Perla explains due diligence is more important than ever when joining two firms.
CCV buys Bishop Skinner
Cullum Capital Ventures has completed its fifth acquisition of the year, with the purchase of Newcastle based broker, Bishop Skinner.
Brit rejects £10.50 share bid
The board of Brit Insurance has posted an update on the progress of its sale negotiations with private investment firm Apollo Global Management.
Fortis confirms acquisition of Kwik Fit insurance business
Kwik Fit Group today announced that it has entered into a binding agreement to sell its UK insurance business to Fortis UK in a £215m cash deal.
Canopius completes KGM deal
Canopius Group today confirmed that it has acquired the business of KGM Underwriting Agencies, which manages Syndicate 260, together with approximately 60% of Syndicate 260's capacity.
Halliwells wants takeover
Halliwells has filed for court permission to appoint an administrator as it looks to secure a takeover by Hill Dickinson.