Mergers & acquisitions (M&A)
Interview: Shaun Lynn and Steve Hearn, BGC and Ed
With the takeover of Ed, BGC president Shaun Lynn believes he now has the person in its CEO Steve Hearn to help it realise its insurance ambitions. The pair spoke to Jonathan Swift about how an investment in technology, talent, globalisation and a finely…
Home Repair Network gets investment from VC firm
A US-based venture capital firm has invested in Home Repair Network.
This week in Post: Another unrated insurer bites the dust
Hooking the headlines this week, Danish unrated insurer Qudos was placed in liquidation by its owner.
Ardonagh slices losses by almost half for first nine months of 2018
The Ardonagh Group cut down on its losses for the first nine months of the year, down to £48.9m compared to £92.7m in 2017.
Stackhouse Poland acquires HNW broker
Stackhouse Poland has acquired Hampshire-based high net worth private client broker, Symmetry Private Insurance.
Aviva takes majority stake in Neos
Aviva has acquired a majority stake in connected home insurtech Neos.
Sedgwick expects revenue in Ireland to grow up to 15% following acquisitions
Exclusive: The loss adjuster's latest purchase, Sproule Graham, will rebrand under the Sedgwick Ireland banner and the group has revealed that it expects to see a revenue increase of 10-15% in its Ireland division.
Hyperion takes on $115m of debt to fund further acquisitions
Hyperion is to continue on the acquisition trail, having raised $115m (£88.9m) through debt.
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.