M&A – Page 25
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Partners& boosts south east presence with broker acquisition
Managing partner says move marks ‘important milestone’
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SRG boosts retail capabilities with new broker buy
The deal ‘reinforces our commitment to investing in specialist areas’, says deputy chief executive
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Insurance M&A activity across Europe sees sharp drop in H1 2023 – Clyde and Co
‘Uncertainty is the enemy of deal-making,’ says partner
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Seventeen Group completes hat-trick of acquisitions with broker purchase
’The team bring a huge amount of experience and relationships into the group,’ says chief executive
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FloodFlash inks capacity partnership with Hiscox
’This additional fresh capacity will enable us to continue providing compelling coverage options,’ says head of major accounts
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Howden’s Dual acquires MGA to enhance capabilities in equestrian sector
’We are delighted to welcome them to Dual,’ says chief executive
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Acturis enters US market after spotting ‘significant opportunity’
’The market has traditionally not embraced connectivity,’ says co-chief executive
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McGill and Partners enters legal liability insurance market with two new hires
The appointees’ experience ‘will be invaluable as we continue to broaden our offering to our clients’, says senior leader
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Verlingue boosts employee benefits division with acquisition
’Our strategy is to continue to grow our employee benefits operation’, says chief executive officer
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Ardonagh Advisory continues growth trajectory with addition of independent broker
’This is a great opportunity for Ethos Broking to further its geographic reach with a high-quality regional broking business that is well-respected in its local area,’ says chief executive
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GRP enters pet insurance market with broker acquisition
Buying the business will provide GRP’s Insync with the opportunity to apply its ’digital capabilities to a growing brokerage’, says managing director
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News Analysis
Specialisation spells survival for SME brokers in evolving landscape
SME brokers will continue to play a ’significant role’ in the insurance market while maintaining their independence, says head of M&A
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Clear Group completes hat-trick of MGA deals
’The acquisition marks an important moment in our strategy,’ says chief executive
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Aviva inks deal to purchase Barclays home insurance portfolio
’It is an important strategic step in growing our direct personal lines portfolio,’ says managing director
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Carbon Underwriting secures investment to support expansion
’We are excited to embark on this next phase in our journey of transformation and growth,’ says chief executive
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Arag Group inks deal to acquire Das UK
The acquisition ties in with Arag’s ‘strong’ investment in the UK legal expenses insurance segment, says managing director
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NBS snaps up Lloyd’s coverholder to strengthen position in broker market
The move delivers ’significant synergies and grants our brokers a competitive advantage’, says managing director
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QuestGates snaps up consultancy to expand building services portfolio
‘This is the first of a number of potential developments which we anticipate completing this year,’ says managing director
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Clear Group builds MGA proposition with acquisition
The acquisition will ‘help deliver better customer outcomes across a number of specialist lines of business’, says chief executive
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Investors remain cautious despite rise in M&A deals in 2023 – EY
’Economic headwinds at the start of the year caused many lenders to pull back from financing large deals,’ says leader