Mergers & acquisitions (M&A)
BP Marsh takes £5m stake in EC3 Brokers
BP Marsh has taken a 20% equity stake in Lloyd’s broker EC3 Brokers for a cash consideration of £5m.
GRP posts £150m GWP boost for 2017
Specialist insurance consolidator Global Risk Partners has seen gross written premiums rise £150m over the course of 2017.
Tysers buys Cosmos’ London commercial lines business
Tysers has bought the London-based commercial lines business of Cosmos Services for an undisclosed sum.
Blog: Options to access the EEA market after Brexit
Kieran Jones, head of insurance and partner at Weightmans, explains how insurers may continue to write business in the European Economic Area after Brexit.
Cunningham Lindsey and Sedgwick are ‘complementary businesses’
Cunningham Lindsey and new owner Sedgwick are “complementary” businesses, the CEO of the claims firm said.
Sedgwick to buy Cunningham Lindsey
US firm Sedgwick has acquired loss adjuster Cunningham Lindsey for an undisclosed amount.
Hyperion investment will allow group to operate independently, says CEO
CDPQ’s $400m investment in Hyperion will allow the group to continue to operate independently, CEO David Howden said.
Roundtable: Advanced underwriting in the digital age
Getting the most out of unstructured data can be complex. A recent roundtable discussed the resources available for underwriters to approach and tackle the problem
Danish insurer Tryg to buy Alka for £1bn
Denmark’s largest insurance company Tryg is to buy competitor Alka Forsikring for 8.2bn DKr (£1bn).
Blog: The golden age of insurance is yet to come
The demand for transparency and diversity is changing the insurance market and shaping the personalities of future industry leaders, writes Brokerbility chairman Ashwin Mistry.
AA sells its emergency home cover business to Homeserve
Homeserve has bought the emergency home cover book from AA for an undisclosed sum.
Markel completes acquisition of ECIC
Markel has completed its acquisition of EC Insurance, following regulatory approval.
Jelf and Bluefin combined business to rebrand as Jelf
Marsh has revealed that its combined Jelf and Bluefin business will begin rebranding as Jelf from early next year.
Allianz launches takeover bid for Euler Hermes
Allianz will aim to buy the remaining portion of Euler Hermes for €1.85bn (£1.65bn).
Allianz and Sri Ayudhya Capital join forces in Thailand
Allianz and Sri Ayudhya Capital will team up to expand the coverage of life and general insurance business across Thailand.
Interview: Lyndon Wood, Moorhouse Group
Lyndon Wood is an author, TV presenter and entrepreneur behind the largest independent insurance broker in Wales.
Carole Nash was ‘target consumer brand’ for Ardonagh, says Ross
Motorcycle broker Carole Nash was a longstanding acquisition target for Ardonagh, the group's CEO said
Ardonagh adjusted Ebitda up 19.7% in Q3
The Ardonagh Group posted adjusted Ebitda of £ 79.1m in the first nine months of 2017, a 19.7% rise year-on-year.
Cass-Stephens acquires D Paxman Insurances
Gloucester based Cass-Stephens has acquired commercial broker D Paxman Insurances, its seventh acquisition in the last 15 years.
Aviva buys Irish insurer for €130m
Aviva has acquired Irish insurer Friends First in a deal worth €130m (£116m).
GRP-backed Alan & Thomas makes first deal
Alan & Thomas has acquired Commercial and General Insurance, its first acquisition since being bought by GRP less than two weeks ago.
Bollington Wilson Group set for acquisitions in 2018
Bollington are set to make several acquisitions in the next 18 months following the group’s merger with Wilsons.
Higos marks third acquisition with Mellerups
Higos has acquired shooting and field sports specialists, Mellerup’s General Insurances, for an undisclosed sum.
Bollington merges with Wilsons Insurance Brokers
Bollington has merged with Wilsons Insurance Brokers after securing investment funds from private equity firm Inflexion.