Mergers & acquisitions (M&A)
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.
Sedgwick acquires Irish liability adjusters
Sedgwick has acquired Ireland-based loss adjuster Sproule Graham.
JLT shareholders have ‘overwhelmingly approved’ Marsh acquisition
Shareholders in JLT have voted 99.9% in favour of the acquisition by Marsh.
Michael Rea says there are more acquisitions to come for Gallagher's retail arm
Gallagher’s purchase of a controlling stake in UK specialist property broker, Vasek, is the third acquisition made by the company’s UK retail arm this year, but it shows no signs of stopping just yet.
Gallagher continues acquisition spree with the addition of specialist property broker
Gallagher has acquired a controlling interest in Purple Bridge Group, the holding company of UK specialist property broker Vasek Insurance Services.
Nexus sale is 'unlikely' after BP Marsh ups share
BP Marsh increasing its stake in Nexus could mean a rumoured sale of the managing general agent is off the cards, analysts say.
GRP’s County Group acquires third broker of the year
Swansea-based Douglas Insurance has been acquired by County Group.
McLarens secures alternative private equity backing
McLarens' largest private equity backer has sold its stake in the company.
Ardonagh sells commercial MGA to Arch for £31m
The Ardonagh Group will sell its commercial underwriting business to Arch for £31m.
Revealed: The future of Ed and Besso under BGC
A holding company will be established for Ed and Besso, with Steve Hearn as group CEO. However the two BGC-owned brokers will remain separate companies.
Reich Group buys Stockport broker
Manchester-based Reich Group has bought LJM Insurance Brokers.
BP Marsh boosts its stake in Nexus
BP Marsh's announcement of its purchase of a 1.9% stake in managing general agent Nexus.
Ardonagh looks to debt for Swinton acquisition
The Ardonagh Group is taking on $225m (£176m) of additional debt as it acquires Swinton.
Besso-owner BGC acquires Ed
Global reinsurance, wholesale and specialty broker Ed has been acquired by BGC Partners.
Applied looks at acquisitions following Google investment
Applied Systems will consider entering Australia, New Zealand or South Africa if an acquisition opportunity presents itself.
Google: We believe in brokers
Google’s investment in Applied is a vote of confidence for the longevity of the broker channel, the company said.
Google looking for further investment in insurtech
Google is actively looking for further investment in the insurtech space, following its acquisition of a minority stake in Applied Systems.
Miller acquires fellow Lloyd's broker Alston Gayler
Miller Insurance Services has reached an agreement to acquire marine and specialty broker, Alston Gayler and Co, for an undisclosed amount.
Gallagher's second acquisition of the year is South Coast broker Portmore, with more to follow this year
Gallagher has made regional commercial broker, Portmore, its second acquisition of the year for an undisclosed amount.
Applied gets ‘nine figure’ investment from Google VC
Applied Systems has secured a “nine figure” cash injection from a Google investment firm in a move that will further drive growth at the company.
Updated: Ardonagh sells Direct Group's claims businesses to Davies
The Ardonagh Group has agreed to sell Direct Group’s claims businesses to loss adjuster Davies for up to £36m.
Cincinnati acquires Lloyd’s syndicate from Munich Re
Cincinnati Financial has reached an agreement to acquire Munich Re subsidiary MSP Underwriting for £102m – a deal that we see them enter the Lloyd’s market for the first time.
Swinton CEO departs following Ardonagh acquisition
Gilles Normand has stepped down from the CEO job at Swinton following its acquisition by Ardonagh.