M&A – Page 28
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News
PIB Group snaps up property insurance broker
’We look forward to having the team on board,’ says chief executive
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News
UK&I forecast to see lower insurance M&A deal volumes in 2023
’M&A cooled in 2022 after a record-breaking period and it is expected that activity will normalise at a lower baseline in 2023,’ says report
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IT Interview
Mike Edgeley: The Clear Group aims to create ‘more efficient and structured’ business over 18 months
The broker intends to keep its ‘very people orientated’ DNA, but will continue work on ‘rationalising our IT’ and delivering ‘growth ambitions’, says group chief executive
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News
Pace of polarisation ‘increasing’ in UK M&A market
’The big challenge is an SME broker doesn’t really make the needle twitch of a big consolidator,’ says chief executive
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IT Interview
Scott Bennett: Broker network growing despite challenge of M&A activity
Managing director says The Ardonagh Group-owned network business has to ‘pedal hard to stand still’ in terms of maintaining member numbers amid broker consolidation landscape
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News
PIB Group bolsters Bristol footprint with specialist broker buy
The broker specialises in providing professional indemnity insurance across a range of professions
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News Analysis
Briefing: Is mid-market consolidation coming to an end?
It is surely too soon to sound the death knell for broking M&A just yet, based on recent activity
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News Analysis
Strong dollar provides no shortage of US M&A interest in UK insurance firms
Acquisitive brokers were asked if a strengthening dollar would see more US firms snap up companies in the UK
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News
GRP buys 100% share capital of commercial broker
The partners hope to provide clients with a ‘broader range of risk management and insurance services’ in the West Midlands
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News
Notification rates expected to rise after 2021 M&A boom
’With such opportunities comes a different set of challenges,’ says managing director
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News
The Clear Group acquires Irish broker to bolster expansion plans
Establishing a presence in Ireland is a ‘central plank’ of the broker’s strategy, says chief executive
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IT Interview
Mike Edgeley: The Clear Group has ‘very healthy’ M&A pipeline that is ‘sticking to knitting’ in UK market
However, the intermediary’s group chief executive reveals he ‘will be keeping a weather eye’ on M&A opportunities around MGAs and Ireland-based businesses too
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News
New Era makes acquisition to specialise in haulage and courier sectors
The deal is New Era’s first since becoming part of the JMG Group in March 2023
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News
Castle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
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News
Pen Underwriting makes splash into specialist marine sector with acquisition
The new buy adds £90m of gross written premium to Pen, says statement
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News
Founders Forum Group in talks to buy Tech Nation
The news comes as Tech Nation prepares to cease operations following its funding being withdrawn
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News
Beam Insurance and The Broker Investment Group deepen partnership
’This increased investment will help back Beam with their future deals,’ says statement
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News
AssuredPartners makes new acquisition to help growth in south west
’I’m excited to combine our wealth of knowledge,’ says managing director
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News
Send Technology and Sollers Consulting join forces to support insurance underwriting
The partnership was formed in response to the increased demand from international insurers to boost digital underwriting capabilities