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Mergers & acquisitions (M&A)

Samian eyes UK brokers after Safeonline deal

Independent Lloyd's broker Safeonline has acquired Samian Underwriting Agencies. The transaction, which completed on 15 April, saw all Samian's business and the four members of staff joining the 12-strong team at Safeonline.

UK takaful insurer sold to Kuwaiti buyer

Principle Insurance Holdings, parent company of the UK’s first Shariah compliant insurance group, has confirmed the conditional sale of its subsidiaries, Principle Insurance Company and Principle Marketing Services, to Al Salam Group Holding Company – a…

Giles confirms FSJ deal

Giles Insurance Brokers finalises deal which sees the FSJ broking unit of Cooper Gay join the broker with immediate effect.

Marsh in trade credit shake up

Marsh has created a trade credit practice for Europe, the Middle East and Africa, to be led by Tim Smith, who was previously head of the UK trade credit practice.

Angel purchase to give Catlin SME boost

Catlin has signalled its intent to increase its regional small to medium-sized enterprise footprint following the acquisition of Colchester-based managing general agent Angel Underwriting.

Credit hire bodies to merge

Members of the Accident Management Association and National Association of Credit Hire Operators have agreed to a planned merger after they were consulted on proposals.

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