A majority stake in managing general agent Avid has been sold to Beech Tree Private Equity.
Three insurtechs have pulled out of the insurance market so far this year, raising questions around the efficacy of selling insurance to millennials and whether more of these firms will fall.
LV will complete the transfer of business from L&G General Insurance by the beginning of 2023.
Sedgwick has acquired Nordic Loss Adjusting and related entities, for an undisclosed amount.
International risk services firm Gallagher Bassett has acquired the assets of Welsh claims firm, Adjusting Associates, to expand its offerings in the UK.
Arch Capital has agreed to buy Lloyd’s insurance group Barbican.
Nexus has acquired financial and professional lines managing general agent Plus Risk Limited.
Aston Lark made a profit during its transformational year.
Lancashire-based broker 3XD has hailed its “growth prospects” after being bought by consolidator GRP.
A majority of insurers believe that mergers & acquisitions will drive more than half of the growth in the industry over the next five years, research by Deloitte has found.
Victor Insurance is looking to build on growth following the rebrand from Bluefin Underwriting.
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
On Wednesday night Admiral chair Annette Court won the Achievement Award at The British Insurance Awards.
Allianz was among the big winners at the 25th British Insurance Awards at the Royal Albert Hall scooping three individual awards including General Insurer of the Year.
Markerstudy has bought telematics broker Smart Driver Club Insurance.
Domestic & General has vowed further growth following investment from a United Arab Emirate fund.
Davies Group has added two firms to the group with the acquisition of GBB holdings which comprises of specialist investigation business GBB and motor engineering solutions provider Banwells.
Sedgwick has bought York Risk Services, one of the largest loss adjusters in the US.
Randall & Quilter and Phoenix Asset Management Partners have ended a joint venture deal to acquire reinsurance debt in insolvent estates.
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.