Google’s investment in Applied is a vote of confidence for the longevity of the broker channel, the company said.
Google is actively looking for further investment in the insurtech space, following its acquisition of a minority stake in Applied Systems.
Miller Insurance Services has reached an agreement to acquire marine and specialty broker, Alston Gayler and Co, for an undisclosed amount.
Gallagher's second acquisition of the year is South Coast broker Portmore, with more to follow this year
Gallagher has made regional commercial broker, Portmore, its second acquisition of the year for an undisclosed amount.
Applied Systems has secured a “nine figure” cash injection from a Google investment firm in a move that will further drive growth at the company.
The Ardonagh Group has agreed to sell Direct Group’s claims businesses to loss adjuster Davies for up to £36m.
Cincinnati Financial has reached an agreement to acquire Munich Re subsidiary MSP Underwriting for £102m – a deal that we see them enter the Lloyd’s market for the first time.
Gilles Normand has stepped down from the CEO job at Swinton following its acquisition by Ardonagh.
Davies Group has acquired insurance consultancy business Ember for an undisclosed amount.
Following yesterday's announcement by Aviva that Mark Wilson is to step down as group CEO of Aviva, Jonathan Swift reflects on why the move was not such the "shock" some painted it as.
Chris Lay enjoyed his time in Canada but Marsh’s new UK and Ireland CEO has no doubt that London is the place to be. “The UK is a priority for Marsh,” he told Cecile Brisson, just before the world’s biggest broker bought off London-based broker Jardine…
Davies Group said it doesn’t have “limits to its ambition” over acquisitions, as the company saw earnings grow by 47%.
Coverys is in talks about buying three large books of business in run-off, the company said.
Independent Scottish broker Bruce Stevenson has bought Turiff-based Youngson Insurance Consultants.
Cyber and specialty lines managing general agent Ascent Underwriting has appointed Caspar Stops as head of cyber.
The County Group has made its second acquisition of the year, having acquired Derby-based broker Rahon Insurance.
As Swinton meets its match in Ardonagh, the insurance courtship game has continued to hit headlines.
Swinton will continue its trajectory toward becoming primarily a digital business, Ardonagh CEO David Ross said, but he refused to call time on the high street broking model.
The Ardonagh Group has struck up a deal with Covéa to acquire Swinton for £165m.
Scor’s CEO has slammed an activist investor for “baseless accusations and threats” over a rejected takeover bid from Covéa.
Marsh’s whirlwind acquisition of JLT surprised ratings agencies, as it was a “larger” deal than expected from the world’s biggest broker.
Supply chain procurement continues to evolve against a backdrop of consolidation among both insurers and third party administrators. Edward Murray looks at how tendering is changing from the demands on suppliers to the length of partnerships
Exclusive: Former CBL-owned wholesale broker European Insurance Services Ltd will look to launch new products following its management buyout.
Exclusive: The administrators of CBL have sold UK-based European Insurance Services Ltd in a private equity-backed management buyout.