M&A – Page 29
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Features
Brokers investing in technology set to continue as ‘face-to-face broking not fundamentally necessary’
Technology has been vital during the Covid-19 pandemic as the insurance industry embraced remote working, but will broker investment in technology continue?
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News
JMG Group backs management buyout of Gloucester-based broker
JM Glendinning’s chief executive says the acquisition is ‘a textbook example’ of what it wanted to achieve when JMG Group was first established
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News
Aston Lark expands healthcare business with latest acquisition
The group is now seeking ‘like-minded private medical insurance brokers’ that wish to ‘join forces’
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Jensten Group completes Tasker buy
Group chief executive believes the broking business is ‘an attractive alternative for high quality community brokers looking to find new investors’
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PIB Group makes further Irish acquisition with family-run broker
The deal signifies PIB making Ireland a ‘key territory’ for business buys
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News
Supercede partners with Web Connectivity bolstering reinsurance ecosystem expansion
The partnership will help make data accessible to all in the placement process
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PIB Group buys Nottingham-based broker to expand northern footprint
The acquisition will form part of PIB Group’s specialty division
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Davies set to buy Lloyd’s managing agent
The deal adds significant strength and reach to Davies’ global insurance services practice
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News
BGL Group explores multimillion-pound sale of its insurance arm
The broker distributes policies for the likes of Marks and Spencer and the RAC
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News
Axa sells insurance operations in Gulf region
The cash consideration for the deal with Gulf Insurance Group amounts to $264m
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New group of specialist insurance brokers launches
Chief executive says the group’s purpose is to ’support flourishing insurance broking businesses with a clear focus on data and technology’
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News
PIB Group buys wheels-based broker in 42nd acquisition to date
Essex broker believes PIB Group offers ‘opportunities for growth’ and ‘a strong cultural fit’
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Verisk’s Sequel buys broking software specialist for undisclosed sum
The broker software specialist’s managing director says the move will strengthen its pipeline and increase opportunities
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AllClear Travel Insurance buys Mapfre’s InsureandGo amid plans for ‘significant growth’
Meanwhile, Mapfre wants to focus on ’other ventures’ across other international markets
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News
GRP-owned Higos snaps up Cornish broker
The deal will boost the business’ footprint in the South West and help achieve mutual long-term ambitions
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News
Technology is a deal catalyst and barrier for M&A – Clyde and Co
The law firm stressed that ’insurtechs are now in the position of being both attractive as assets as well as potential acquirors’
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News
UK leads the way for M&A – Clyde and Co
Global law firm says that despite the challenges of the last 18 months ’the insurance industry has responded well’
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Coverys European Holdings bolsters business footprint with Irish acquisition
The newly acquired firm has held Lloyd’s coverholder status since 2013
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News
Talbot Jones buys commercial insurance broker
Talbot Jones managing director says the broker looks forward to building more relationships across the UK
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News
Aston Lark continues rapid pace of expansion with Irish acquisition
The deal ’perfectly encapsulates what we look for in an acquisition’, says Aston Lark Ireland chief executive