Mergers & acquisitions (M&A)
Helios acquires Nottus for £964,500
Helios has acquired Lloyd’s limited liability member, Nottus, as part of its strategy to increase underwriting capacity.
Blog: How artificial intelligence will simplify insurance
While insurance is becoming ever more complex, insurers are being disrupted by digitally-led start-ups simplifying what insurers do for customers. Mike Downing, chief technology officer for the WPA Group, envisages long and complex policies with drawn…
Interview: Robin Smith, We Go Look
Jonathan Swift speaks to We Go Look CEO and co-founder Robin Smith about building an on-demand business that handles insurance claims and why the Crawford & Co acquisition means she has more time now for the "fun stuff"
Greenwood Insurances merges with Moreland Insurance Brokers
Moreland Insurance Brokers and Greenwoods Insurances have merged into a single company, effective 1 June.
AIG's Anthony Baldwin on claims, actually
Technology and innovation are important to the insurance sector but Anthony Baldwin, CEO of AIG, says while concentrating on these insurers must not lose sight of what is important to the customer: the claim.
UK General acquisition receives regulatory approval
JC Flowers has completed its acquisition of UK General Insurance.
Brightside targeting brokers for acquisition
Brightside is targeting commercial and personal lines brokers for acquisition.
Allianz in talks over acquisition of LV GI unit: Sky News
Allianz Group is reportedly in early talks for the purchase of LV’s general insurance division.
Finch to buy three more brokers before September
Finch is in talks to acquire three more brokers before September.
Kennedys to merge with US insurance law firm
Kennedys will be merging with US insurance law firm Carroll McNulty & Kull to create a global insurance practice.
PIB chooses Ignite as its broking systems provider
PIB has chosen software provider Ignite as its broking systems provider for its personal lines business.
Finch acquires third business in five months following Broker Network buy out
Finch Group has made its third acquisition since itself being bought out by Broker Network.
Towergate backers buy private medical broker Chase Templeton
Nevada Investments, the investment vehicle set up by HPS Investment Partners and Madison Dearborn Partners will buy medical broker Chase Templeton from Palatine Private Equity.
Broker Network acquires Scottish broker Boyd Insurance
Broker Network has acquired regional Scottish broker, Boyd Insurance, marking its second acquisition.
Vienna Insurance Group acquires Axa Life in Romania
Vienna Insurance Group has closed the acquisition of Axa Life in Romania, increasing its presence in the country.
Carole Nash acquire book of business from Cornmarket Insurance
Carole Nash has decided to purchase Cornmarket Insurance Services’ Republic of Ireland motorcycle insurance book of business.
Private equity acquisition of Ryan Direct 'a sign of serious intent' say brokers
The acquisition of Ryan Direct is a sign of “serious intent” by the private equity backers of Towergate, brokers said.
Ryan Direct bought by Towergate owners
Ryan Direct Group has been bought by the private equity backers of Towergate, Madison Dearborn Partners and HPS Investment Partners.
Week in Post: Doing a Chris and Gwyneth – but who gets to keep the tofu Easter egg?
Easter is all about new beginnings. This will be true for us more than most, as we at Incisive Media celebrate our new ownership.
Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
Brexit uncertainty to curb European insurance M&A
The political uncertainty surrounding Brexit will reduce merger and acquisition deals in Europe, according to AM Best.
Asia M&A deals surge in Q1
There was a significant number of merger and acquisition transactions over $100m (£80.5m) completed by Asian companies in the first quarter of 2017 according to consultancy and broker Willis Towers Watson.
M&A insurance growth undeterred by Brexit uncertainty, says JLT
The demand for mergers and acquisitions insurance remains strong despite fears that Brexit uncertainty may hinder growth, according to JLT.
Open GI buys rival software house Transactor
Open GI has acquired rival software house Transactor in a deal valued at £40m.