GRP-owned County Group has acquired Stoke-based broker Eric Rawlins & Company, which specialises in contractors, property owners, business and fleet risks.
Seventeen Group has bought Essex-based broker Graybrook, for an undisclosed sum.
Policy Expert has bought motor insurance business Sure Thing for an undisclosed sum.
Broker Network’s parent Bravo Group is set to agree an £80m loan facility with a major global bank that will spur its next round of acquisitions, beginning in the second half of 2019.
'Dark clouds over Norfolk'; 'Perth reacts to job losses'; 'Staff don’t know anything'; those were snippets of headlines from local newspapers this week in reaction to Aviva’s plans to cut 1800 jobs.
Allianz has placed 128 roles at risk of redundancy as it announces the closure of its Bristol claims handling centre.
County Group has acquired Shropshire broker Meadons, a deal that will see the GRP North West hub push closer to the £100m premium mark.
Having been through one merger already Axa XL’s UK CEO Paul Greensmith, took the most recent change in his stride. But he explains to Jen Frost that, even though his part of the business is now part of the behemoth Axa, it will retain its agility,…
Scottish broker Blackford has acquired the client portfolio and a full commercial broker team from independent insurance broker TL Dallas, to launch its offering in Edinburgh.
This week Aviva has been tipped to unveil a new structure which will again see its UK general insurance and life/pensions businesses split. Jonathan Swift reflects on why this should not come as a surprise as history dictates the insurer has never been…
Tasker Insurance Group has completed second acquisition of the year with the purchase of Hobbs Associates.
Allianz will transfer Legal & General’s general insurance business to LV once it completes its takeover at the end of the year.
It might be the name, but this week I’ve spotted some similarities between Gibraltarian unrated insurer-facing-liquidation Lamp Insurance and an angler fish, sparking some strange and slippery debate in the office.
Allianz has agreed to buy Legal & General’s general insurance business for a base price of £242m plus potential further payments over three years.
Allianz has bought the remaining 30.1% stake in LV General Insurance for £365m.
More than a third of law firms have already shed staff in the run up to the implementation of the Civil Liability Act, and the majority believe the reforms could decimate the personal injury sector.
It’s all change for the country this morning as Prime Minister Theresa May confirmed she would step down from office after failing to unite MPs on the way the UK should leave the European Union.
Gibraltarian insurer Lamp is the fifth unrated carrier to fall over in the past three years. The insolvency once again demonstrates the risks brokers take when they use unrated insurers, industry figures have warned.
Mergers and acquisitions are headline news but Mike Bruce, CEO of broking at Global Risk Partners, believes the success can only be judged if there is true integration.
The acquisition of Aston Lark by Goldman Sachs could enable the broker to seek out larger acquisition targets, the company's CEO Peter Blanc said.
Two managing general agent businesses acquired by Gallagher as part of its recent purchase of Stackhouse Poland will eventually become part of Pen.
This week, along with the rest of the team, I attended the British Insurance Brokers’ Association conference. I knew it would be an action-packed week - but nothing could prepare me for what was ahead.
Aspen has cut loose its UK SME managing general agent, with 111 jobs on the line as a result.
Exclusive: Higos, GRP’s hub business in the South West, has acquired The Insurance Group for an undisclosed sum.