Mergers & acquisitions (M&A)
Marsh tipped to lead Towergate bidding
Some of the UK’s largest brokers have been floated as potential bidders for Towergate, with Marsh favourite among some observers.
Revenue boost from digital innovation tipped to drive insurer acquisitions
82% of insurers expect acquisitions to improve their position in digital world
Howden turns attention to UK market with Powell Bateson acquisition
Howden Broking Group has moved to expand its UK regional footprint with the acquisition of commercial broker and risk management consultancy Powell Bateson.
Digital M&A competition to intensify, claims Towers Watson report
Property and casualty insurers are increasingly targeting digital distribution as the most attractive channel for acquisition, according to a report published by consultancy business Towers Watson.
Howden snaps up Brazilian broker from Hub
Howden Broking Group has acquired Brazilian broker Harmonia Corretora de Seguros from Hub International.
Hyperion and Willis to spearhead raft of M&A activity in London Market
IPO said to be in the offing after RK Harrison deal gives scale
State of the Broking Nation: Viewing the state of the nation
The views held by brokers interviewed for The State of the Broking Nation have challenged some long-held opinions, with both positives and negatives for insurers to draw from the responses given – and relationships in the sector strongly emphasised as…
Carpenters Solicitors acquires Sussex firm
Carpenters Solicitors has acquired Sussex-based claimant, defendant and costs solicitors DB Legal.
Discovery acquires Prudential's remaining stake in Pru Health
South African medical insurer Discovery is to acquire Prudential's remaining 25% stake in Prudential Health for £155m.
Clear picks up Heartland Group
Independent broker Clear Insurance Management has acquired Leamington Spa-based Heartland Group.
IWDC14: Acquisition boom predicted as insurers look to bolster digital strategies
Digital start-up companies, telematics providers and aggregators are being increasingly targeted for acquisition by insurers that are planning to establish a stronger foothold within the evolving digital environment.
Hyperion and RK Harrison in exclusive merger talks
Hyperion has entered into exclusive talks to acquire RK Harrison over a potential merger, creating a broker described as “the pre-eminent international and UK retail distribution network”.
Research: State of the Broking Nation Part 3: Networks and Consolidation
The value and the role of networks and the question of who benefits most from their involvement in the distribution chain are among the themes discussed this week in the third instalment of the State of The Broking Nation. But to begin with, as the…
Aon Benfield swoops for Adriatic reinsurance broker
Aon Benfield has purchased a Greece and Cyprus focused reinsurance broker, recruiting 11 local staff in the process.
Assurant Solutions buys French mobile insurer
Assurant Solutions has completed its purchase of French mobile insurance administrator CWI Group.
Zurich completes sale of Russian retail business
Zurich Insurance Group has completed the sale of its general insurance retail business in Russia to OLMA Group.
Willis and Miller a good cultural fit says Hearn
Willis deputy CEO Steve Hearn has expressed confidence in the shared values and cultures between his own business and its potential purchase Miller.
Private equity eying larger EMEA insurance stake
Insurance firms across Europe, the Middle East and Asia are more focused on disposals than acquisitions as they look to shed non-core units and strengthen their market positions elsewhere.
Interview: Dominic Christian: Ready to rumble
Aon UK CEO Dominic Christian tells Post the firm’s move to the UK is a statement of intent, and outlines his targets for growth in the SME arena
Willis and Miller in 'exclusive' talks
Willis and Miller have confirmed they have entered 'exclusive' talks ahead of a potential merger.
Bluefin confirms Scottish broker purchase
Bluefin has confirmed its acquisition of Scottish broker Regional Insurance Group, completed on 8 October.
Bluefin to acquire Scottish broker OKD
Bluefin is poised to buy Scottish intermediary OKD Insurance Brokers, Post understands.
ERS owner Aquiline splurges on US adjuster
Private equity house Aquiline Capital has announced a deal to buy one of the largest independent claims adjusters in the United States.
Swinton acquires Sunderland broker
Swinton has acquired Sunderland-based broker Thompson Insurance Consultants following the retirement of its owner.