Private equity (PE)
Towergate backers launch general insurance giant
Towergate backers HPS Investment Partners and Madison Dearborn Partners will consolidate Towergate with Autonet, Chase Templeton, Price Forbes and Ryan Direct to form a general insurance giant.
Towergate backers buy private medical broker Chase Templeton
Nevada Investments, the investment vehicle set up by HPS Investment Partners and Madison Dearborn Partners will buy medical broker Chase Templeton from Palatine Private Equity.
Insurance M&As expected to focus on insurtech
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
CFC Underwriting CEO leads private-equity backed MBO
The CEO of CFC Underwriting will lead a private-equity backed management buy-out of the business.
Lloyds Bank's Bill Cooper on M&A in a challenging market
The government's recent decision to lower the discount rate from 2.5% to -0.75% took the market by surprise and generated many column inches of newsprint in the mainstream press.
AJG's Michael Rea on the challenge of effective integration
The appetite for acquisition activity is undiminished, but buying is the easy part
LA Fitness owner offers to buy remaining shares in Towergate
The private equity firm which bought 17.9% of Towergate has issued an offer to buy all remaining shares in the company.
Towergate sells 17.9% of shares to LA Fitness owner
Towergate has been partially bought out by LA Fitness-owner Madison Dearborn Partners.
AIG court case against private investors continues
A professional indemnity insurance appeal brought by AIG Europe against private investors will be heard in the Supreme Court on Monday, 10 October 2016.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
GRP closes in on MGA One Commercial as Primary mulls offers for UK General, Rural and Lorica
Insurance investment vehicle Primary Group is in discussions with consolidator Global Risk Partners about the potential sale of a number of assets including its commercial specialist One Commercial.
Top 50 UK Brokers 2016: Creating the Top 50
Alan Leach explains the methodology behind the Top 50 UK Brokers and takes a look at the rankings in detail
PE house Livingbridge exits broker Kingsbridge as Dunedin buys in
Broker Kingsbridge Risk Solutions has been acquired in a buyout by UK mid-market private equity house Dunedin.
Interview: David Ross, Towergate
Towergate CEO David Ross talks to Stephanie Denton about how he intends to make his employer the broker rivals love to hate again.
Investor backs Leicestershire broker Kingsway Insurance in growth deal
Minority Venture Partners has invested in commercial broker Kingsway Insurance as the company pushes for £15m in GWP.
Simply Business indicates growth appetite after Aquiline purchase
SME broker Simply Business is expecting a "suite of investments" following its purchase by Aquiline Capital Partners, as CEO Jason Stockwood said the two companies have a shared ambition.
Simply Business sold by Anacap to ERS-owner Aquiline
Private equity firm Anacap has sold SME broker Simply Business to Aquiline Capital Partners, generating a return of 4.5-times its original investment in 2013.
Lorega finalises management buyout
UK MGA Lorega has completed a management buyout, backed by Alcuin Capital Partners.
PIB reels in Fish Insurance from Capita
PIB Insurance Brokers has made its first acquisition since The Carlyle Group’s capital injection, with the group buying specialist Fish Insurance from Capita.
Carlyle deal paves way for specialist CL and HNW acquisitions at PIB
PIB Insurance CEO Brendan McManus is targeting numerous acquisitions in the early part of next year following investment into the business from private equity firm The Carlyle Group.
McManus and Giles sell 'significant' PIB stake to Carlyle Group
Global alternative asset manager The Carlyle Group has agreed to acquire a significant equity stake in Brendan McManus and Chris Giles’ latest broking venture PIB Insurance.
Collingwood receives PE backing to grow new product lines
Collingwood Insurance Company has confirmed private equity firm JZ International has become a majority investor in the business to help accelerate its growth plans.
Integro snapped up by PE house Odyssey
International insurance brokerage and risk management firm Integro has reached an agreement to be acquired by entities affiliated with private equity firm Odyssey Investment Partners.
Charles Taylor teams up with PE firm to buy major stake in software provider
Charles Taylor and global private equity firm The Riverside Company have collectively entered into an agreement to acquire a majority interest in the owner of Fadata AD, a specialist provider of software solutions to the global insurance industry.