Mergers & acquisitions (M&A)
Kingsbridge acquires gig economy insurtech Dinghy
Kingsbridge Group has acquired of insurtech company Dinghy, which provides on-demand professional indemnity cover to freelancers and ‘gig’ economy workers.
Gallagher to buy Stackhouse Poland
Gallagher will buy acquisitive regional broker Stackhouse Poland.
Ardonagh completes Swinton acquisition and MGA sale
The Ardonagh Group has completed the purchase of broker Swinton, while the sale of its commercial underwriting business to Arch has also been finalised.
Updated: Mass leadership reshuffle to follow Marsh/JLT acquisition
Global broker Marsh has unveiled a ream of senior people moves, effective once the JLT deal has completed.
Abbey Insurance owners acquire fellow Northern Ireland broker Autoline
Prestige Insurance Holdings, which owns Northern Irish personal lines broker Abbey Insurance, has reached an agreement to acquire Autoline Insurance.
Charles Taylor bolsters liability team by hiring senior sextet from Vericlaim
Charles Taylor Adjusting has bolstered its complex corporate liability function with the recruitment of six senior adjusters formerly with rival VRS Verclaim.
Finch and ICB owner on acquisition trail with sight set on €500m revenue by 2022
Adelaide, the owner of Finch and ICB Group, is looking to acquisitive growth as it aims to increase its revenue across Europe by 150% by 2022.
Gallagher Bassett acquires claims management firm
International risk services firm Gallagher Bassett has bought UK-based Property Claims Management Services.
Stackhouse Poland makes fourth acquisition of the year
Stackhouse Poland has continued its acquisition drive by buying specialist real estate broker Property Insurance Initiatives.
Ed unveils CEO Hearn’s replacement and plots Bermuda office
Andrew Draycott will take on the role of Ed Broking CEO once its acquisition by Besso owner BGC Partners is complete, while the specialty, wholesale and reinsurance broker has also revealed plans to open a Bermuda office.
Gallagher acquires South West commercial broker
Gallagher has acquired Devon-based commercial insurance broker Pavey Group, in its fourth acquisition of the year.
GRP to add two more regional ‘hubs’ next year
GRP is on the hunt for two more large regional brokers to act as hubs in Essex and the Midlands, respectively.
Finch Group snaps up Southampton-based broker
Broker Network partner Finch Group has bought Specialist Insurance Agency.
Director of Content's comment: Insurance dynasties - Who will be the next predator?
“Extraordinary animals, each in a heroic struggle against rivals and against the forces of nature, fighting for their own survival and for the future of their ‘Dynasties’."
Interview: Shaun Lynn and Steve Hearn, BGC and Ed
With the takeover of Ed, BGC president Shaun Lynn believes he now has the person in its CEO Steve Hearn to help it realise its insurance ambitions. The pair spoke to Jonathan Swift about how an investment in technology, talent, globalisation and a finely…
Home Repair Network gets investment from VC firm
A US-based venture capital firm has invested in Home Repair Network.
This week in Post: Another unrated insurer bites the dust
Hooking the headlines this week, Danish unrated insurer Qudos was placed in liquidation by its owner.
Ardonagh slices losses by almost half for first nine months of 2018
The Ardonagh Group cut down on its losses for the first nine months of the year, down to £48.9m compared to £92.7m in 2017.
Stackhouse Poland acquires HNW broker
Stackhouse Poland has acquired Hampshire-based high net worth private client broker, Symmetry Private Insurance.
Aviva takes majority stake in Neos
Aviva has acquired a majority stake in connected home insurtech Neos.
Sedgwick expects revenue in Ireland to grow up to 15% following acquisitions
Exclusive: The loss adjuster's latest purchase, Sproule Graham, will rebrand under the Sedgwick Ireland banner and the group has revealed that it expects to see a revenue increase of 10-15% in its Ireland division.
Hyperion takes on $115m of debt to fund further acquisitions
Hyperion is to continue on the acquisition trail, having raised $115m (£88.9m) through debt.
Interview: Ian Muress, Sedgwick International
Having left Crawford in April 2017 after 15 years at the firm, Ian Muress resurfaced in January as CEO of Sedgwick International, a claims business he describes as the largest of its kind "on the planet". He spoke to Jonathan Swift about why people…
John Doyle unveils Marsh-JLT Specialty
Marsh and JLT’s specialty operations will rebrand as Marsh-JLT Specialty once the acquisition has closed.