Mergers & acquisitions (M&A)
Invicta acquires Priory Brokers' GI portfolio
Invicta Insurance Services will acquire the entire general insurance portfolio of Priory Insurance Brokers in April for an undisclosed amount.
Simply Business dedicated to growing UK headcount following Travelers acquisition
Simply Business remains committed to growing staff levels in the UK following its acquisition by Travelers.
Travelers acquires Simply Business for $490m
Travelers has agreed to acquire Simply Business from Aquiline Capital Partners for approximately $490m (£401m).
Interview: Ross Barrington, Markerstudy
Ross Barrington was recently appointed managing director of retail at Markerstudy. Will Kirkman sat down with him to discuss what lies ahead for him and the group.
Aston Scott planning acquisitions to turn Bell & Co into 'Midlands hub'
Aston Scott plans to turn newly acquired Bell & Co into a 'Midlands hub' through further acquisitions.
County Group acquires £4.5m GWP regional broker
The County Group has acquired Arthur Marsh, a Birmingham-based broker with £4.5m gross written premium.
Aston Scott acquires Derby-based broker
Aston Scott has acquired Derby-based chartered insurance broker Bell & Co.
UK General acquired by private equity firm
JC Flowers has acquired UK General from Primary Group for an undisclosed sum.
Higos makes first acquisition following GRP buyout
Higos Insurance Services has made its first acquisition since being acquired by Global Risk Partners.
Clear Insurance Management acquires MPW Insurance Brokers
Clear Insurance Management has acquired Kent-based MPW Insurance Brokers, its largest acquisition to date.
Interview: Jim Bichard, PWC
When the referendum result came in on 24 June last year, there was a moment of disbelief in the market. Many business leaders were forced to re-examine what exposures they faced and what steps they needed to take next.
Allianz open to making acquisitions following strong results
Allianz has said that it is open to mergers and acquisitions within the UK market following a return to profit in its full year results.
James Hallam acquires Motor Race Consultants
James Hallam has completed the acquisition of Motor Race Consultants Insurance Services.
Robert Organ leaves amid Bluefin/Marsh management restructure
Robert Organ will leave Bluefin under a revised management team, following the business’s acquisition by Marsh.
Insurance business is safe amid Co-op Bank's decision to put itself up for sale
Co-operative insurance will not be impacted amid the Co-operative Bank’s decision to put itself up for sale and invite offers on its shares.
Sovereign Capital backing management buy-out of Irish broker Arachas
UK private equity firm Sovereign Capital is backing the management buy-out of Irish brokerage Arachas Corporate Brokers.
Blackstone to acquire Aon's benefits outsourcing for $4.8bn
Private equity firm Blackstone has agreed to acquire Aon Hewitt's employee benefits outsourcing business for around $4.8bn (£3.8bn).
GRP investment will free Higos for acquisition spree
Regional broker Higos Insurance Services has the backing of its new owner Global Risk Partners for further acquisitions.
Peter Graham departs as Barbon chair to focus on new ventures
Former Esure CEO Peter Graham has stepped down from his role as chairman of Barbon Insurance Group
RSA legacy sale to bolster its Solvency II position
RSA will use the sale of its legacy assets to further bolster its Solvency II position, according to its chief financial officer.
RSA disposes of £834m UK legacy book
RSA has agreed to dispose of UK legacy insurance liabilities worth £834m to the Bermuda-based Enstar Group.
Argo completes Ariel Re deal
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.