Ardonagh CEO David Ross has asserted the business's commitment to independence and revealed that while the firm’s court case victory over Gallagher did not come as a surprise the episode left him “a little bit heartbroken and incredibly sad”.
Ardonagh Group has a list of 146 potential acquisitions, which it reviews at a fortnightly investment committee, according to CEO David Ross.
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.
UK insurance and travel provider Staysure has acquired a controlling stake in Eclipse Financial Holdings, the owners of payingtoomuch.com.
Experts have predicted an increase in partnerships in the insurance industry but do not see another joint venture on the horizon, as Tesco gears up to buy out Ageas' share of their Tesco Underwriting joint venture.
Marsh Commercial is closing offices in Northampton, Newmarket, New Malden and Leeds.
Global Risk Partners has bought London-based private client specialist broker Gauntlet Insurance Services for an undisclosed sum.
Plan Group has bought Kingswood Insurance Brokers, the owner of Pedal Cover Plus, as it targets becoming a top 50 independent broker within five years.
Radius Payment Solutions has bought a majority stake in transport specialist The Burley Group for an undisclosed sum.
Surveyor Smithers Purslow has bought Byrom Clark Roberts.
Analysis: What does the result of the Ardonagh and Gallagher court battle mean for broker recruitment practices?
After all but one of Gallagher's claims against Ardonagh subsidiaries and two former Alesco employees were thrown out by a judge last week, employment experts suggest there could be changes in how brokers approach recruitment.
Miles Smith owner Specialist Risk Investments has acquired Square Mile Broking.
Goldman Sachs-backed consolidator Aston Lark has acquired Lloyd’s broker Protean Risk.
Applied Systems is poised to double the number of UK brokers on its Epic platform, with its international boss claiming it still has some way to go to fulfil its potential, having signed up only a fifth of those “ripe for change”.
Weald Insurance, one of Ethos Broking’s ‘powerhouse’ hubs in the South East, has acquired Sussex-based Cronin Underwood.
The fraudulent claims we’re used to hearing about involve banged-up cars and invented cases of whiplash. Ones involving oil tankers, pirates, the Admiralty Judge, and statements given in places as far-flung as Aden and Manila are somewhat harder to come…
CFC Underwriting made its first acquisition in its 20 year history yesterday when it bought Solis Security, but the purchase will not mark a change in its acquisitive appetite, CFC chief innovation officer Graeme Newman told Post.
CFC Underwriting has bought Texas-based incident response provider Solis Security, marking the company’s first acquisition in 20 years.
Exclusive: The transfer of commercial and personal lines business between LV and Allianz has been completed, with the exception of a “small number” of schemes policies.
Private equity firm Lovell Minnick Partners has made a £261m offer to buy Charles Taylor, with an aim to de-list it.
Content director Jonathan Swift reflects on RSA's decision to create one commercial division and gets a sense of Deja-Vu that he's been here before
Claims Consortium Group has completed its acquisition of Stream Claims Services.
Keoghs has bought Newcastle-based Sintons’ defendant insurance business.