Mergers & acquisitions (M&A)
Interview: Peter Blanc, Aston Scott
Peter Blanc is in his element. As a self-professed ‘trading man', he was chafing at the bit when located behind a desk at Arthur J Gallagher.
JLT to sell majority of Thistle UK to PIB Group
JLT will sell the majority of its Thistle UK business to PIB Group, subject to regulatory approval.
Weil: SME market 'great opportunity' for Marsh
Marsh’s UK CEO Mark Weil said the UK SME market is a “great opportunity” following Marsh’s acquisition of Bluefin from Axa.
Marsh's Bluefin acquisition raises concerns over customer choice
Marsh’s acquisition of Bluefin from Axa has seen a mixed reaction from rival broker networks.
Marsh to acquire Bluefin from Axa for £295m
Global broker Marsh is continuing its UK SME push after reaching agreement with Axa over the acquisition of national broker Bluefin.
Bluefin continues acquisition spree with Northern Alliance
Bluefin has continued its string of acquisitions this year with the capture of West Yorkshire-based Northern Alliance Brokers.
LA Fitness owner offers to buy remaining shares in Towergate
The private equity firm which bought 17.9% of Towergate has issued an offer to buy all remaining shares in the company.
Towergate sells 17.9% of shares to LA Fitness owner
Towergate has been partially bought out by LA Fitness-owner Madison Dearborn Partners.
R&Q to take on the Law Society of Ireland's run-off portfolio
Randall and Quilter Investment Holdings has bought the portfolio of the Law Society of Ireland in respect of the run-off obligations of the Solicitors Mutual Defence Fund.
Brunel Professional Risks acquires PI broker Pinsure
Brunel Professional Risks has acquired Sussex-based professional indemnity broker Pinsure.
Blog: Buying a business for the long term
If you were a shopkeeper, how well disposed would you feel towards the person who came in every day and tried to beat you down on your prices? Or if your boss concerned himself with lining his pockets and never gave a thought to your wages or wellbeing,…
PIB Insurance Brokers acquires Carmichael & Partners
PIB Insurance Brokers has acquired Aberdeen-based brokers Carmichael & Partners.
Axa completes Sun Life sale to Phoenix Life
Axa has completed the sale of its UK life and savings businesses.
Vantage holdings set to acquire more brokers following NSM acquisition
NSM has acquired Vantage Holdings, owner of outdoor leisure and liability broker Vantage Insurance Services and Classic Insurance Services.
Acquisitive Davies eyes I-Cog as it closes in on latest niche deal
Acquisitive claims and loss adjusting group Davies is in advanced negotiations which could see it seal its fifth bolt-on acquisition in 24 months.
Bluefin CEO says Marsh acquisition talks are ‘no surprise’
Bluefin said there is “no surprise” that there is speculation over the sale of the business to Marsh.
China Oceanwide to buy Genworth
Chinese investment firm China Oceanwide Holdings has bought struggling US mortgage and life insurer Genworth Financial for $2.7bn (£2.2bn) in cash.
Stackhouse Poland will acquire Lucas Fettes
Stackhouse Poland will merge with Lucas Fettes to create a “powerful independent insurance broker”.
PIB makes QPI Legal fourth acquisition of 2016
PIB Insurance Brokers has bought QPI Legal for an undisclosed sum.
AIG in £195m sale of assets to Fairfax
AIG will sell its Latin American and Central and Eastern European operations to Fairfax for £195m.
Besso in talks over possible sale
Investor BP Marsh is in talks with “various interested parties” over the sale of Lloyd’s broker Besso.
Shareholders bring £155m suit against Slater & Gordon over Quindell purchase
Shareholders are seeking £155m in damages from law firm Slater and Gordon over its purchase of the professional services arm of Quindell.
CSC reduces headcount by 4% following acquisition of Xchanging
CSC has carried out a “swift” integration with Xchanging following its acquisition in May.
Catalina buys run-off Allianz book
Bermuda-based Catalina Holdings has purchased AGF Insurance Limited.