M&A – Page 13
-
NewsPE firm acquires minority stake in broker Seventeen Group
The transaction represents the PE firm’s first investment in the UK insurance market
-
News AnalysisBriefing: What the Aviva and Direct Line mega-deal means for UKGI
Shareholders have approved Aviva’s £3.7bn takeover of DLG, and the deal looks set for completion in mid-2025, but what does the acquisition mean for the two businesses? And how will it impact the wider market?
-
NewsStrong interest in Esure as bids for insurance provider due in few weeks
Esure is currently owned by private equity firm Bain Capital
-
-
NewsPIB Group marks ‘exciting milestone’ with acquisition of London-based MGA
The move enables ’our MGA division to enter the next phase of growth’, says chief executive
-
NewsGallagher’s £10.5bn acquisition of broker faces further enquiries
Broker says it ’is actively responding to the request’
-
NewsBrown and Brown acquires Edinburgh-based MGA specialising in construction
’[The business] meets all the key criteria we look for in an MGA,’ says underwriting boss
-
NewsGallagher to acquire UK and US-based broker for $1.2bn
’We look forward to leveraging our complementary expertise and Gallagher’s substantial global capabilities to provide outstanding support for our clients,’ says chief executive
-
NewsAviva hopes to create ‘standout specialty market’ in 2025 using Probitas purchase
Last year’s M&A transaction has enabled the united company to write ‘accounts that neither Aviva nor Probitas on their own would have written prior to [the] deal’, says UKGI chief executive
-
NewsAccenture acquires UK financial services and digital transformation consultant
’Advances in technology present a significant opportunity to create growth and efficiencies for this vital sector,’ says UK and Ireland lead for insurance
-
News38-year-old family run specialist motor broker acquired
’We look forward to growing our offering and continuing to provide our clients with the specialist insurance solutions,’ says managing director
-
NewsDLG says it ‘cannot be certain about actions of Aviva’ after £3.7bn takeover agreed
DLG says it is ’beyond [directors’] control as to whether Aviva would undertake any restructuring of the group’s legal entities’
-
NewsWinslow’s Aviva statement as DLG delivers £395m increase in ongoing operating profit
’The turnround strategy, launched in July, has made a marked difference to the company’s performance,’ says chief executive
-
IT InterviewMike Edgeley: The Clear Group targets ‘a proper global proposition’ through European M&A
Group chief executive places Germany and the Netherlands in his crosshairs for buy and build expansion model that mimics ‘what we’ve done in the UK’
-
NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 24 to 28 February 2025
-
NewsAviva reveals when it expects DLG acquisition to complete
Aviva says the acquisition is progressing in line with expectations
-
NewsAviva’s Blanc says it is ‘key’ DLG deal ‘delivers for us’
Blanc made the claim as she spoke about the insurer’s acquisition strategy
-
NewsAviva issues DLG update as it reveals UK&I GI premiums up 16%
Amanda Blanc says deal ’is a clear opportunity to accelerate our capital-light growth and deliver brilliant service to millions more customers’
-
NewsUS insurance specialist to acquire UK-based flood focused MGA
’We are excited to expand our offering to protect customers from one of the most prevalent natural catastrophes in the world,’ says chief executive
-
News AnalysisWhy 2024 was a transformational year for UK M&A
The insurer and broker sectors both recorded standout acquisition volume and values last year – however, industry experts do not see the same trends for 2025, with January providing the lowest monthly M&A completion figure since 2017
