M&A – Page 29
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News
Castleacre inks deal to buy Merritt Insurance Services
’We knew instinctively it was a very good match,’ says Castleacre director
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Latest
Ballantyne Brokers completes buyout from parent company
Being ‘employee-owned means that we are ready to scale up,’ says chief operating officer
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News
UK&I leads way in European insurance M&A deals – but has activity reached its peak?
There is ’increased saturation in the UK and Irish markets’, warns FTI Consulting
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IT Interview
Phil Bayles: Ardonagh Advisory to use ‘regular drumbeat’ of M&A to add ‘more strings to our bow’
Chief commercial officer reveals that the intermediary organisation is aiming to complete 12 acquisitions in 2023, with plenty of transactions closing in Q1 and Q2
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News
Gallagher acquires broker to address education sector's ‘evolving risk landscape’
The acquired team specialises in providing cover to the likes of colleges and schools
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News
SRG’s latest commercial broker buy develops ‘critical’ business
The group’s deputy chief executive hopes the deal will add ‘tremendous value’ to its mid-market capability
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News
JMG Group secures acquisition of motor trade broker
The group’s chief executive believes the move will ‘open up further opportunities’
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News Analysis
Opinion: M&A fuels record aggregate brokerage growth
Last year’s private equity investments and broker consolidation caused hikes in aggregate brokerage across this year’s top 50 brokers – but will this be repeated in 2023?
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News
Daimler Truck Financial Services inks new deal with Marsh
The agreement will support transport operators across the UK
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News
AR deal sees broker moor to marine sector
The ‘expertise’ of the new AR will expand the broker’s capabilities in the sector
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News
Gallagher Re buys Lloyd’s broker to ‘deepen’ delegated authority expertise
The newly acquired business will become part of the firm’s Global Programmes practice group
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News
‘Subdued’ M&A market opens opportunities to transactional risk insurers
The transactional risk insurance market is expected to ‘grow’ in 2023 as firms grasp the oppurtunity to meet international demand
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News
Howden Group seals ‘perfect match’ deal with Reich Insurance purchase
The intermediary’s chief executive notes that Howden Group has become the ‘natural home for insurance industry entrepreneurs’
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News
Ardonagh Specialty seals Oxford deal
The deal will provide the acquired group with ‘scale and even more opportunities’, says chief executive
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News
Yorkshire acquisition builds The Clear Group’s regional aspirations
The acquisition comes as the broker seeks to further invest in its local footprint across the country
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News
Schemes broker acquired as Jensten seeks specialty growth
’We’re focused on building our schemes capability,’ says managing director
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News
Beam Insurance snaps up Redditch-based broker
The business hopes to form a hub for local insurance brokers through this and further acquisitions
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News
Cazoo sells Cazana to Percayso Inform for undisclosed sum
Managing director describes purchase as ’a transformational deal’
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IT Interview
Lee Davey: Creating an ‘intentional’ business requires commitment to ‘core values’
With Partners& growing into its first maturity stage, Insurance Times gets the story behind the business’ progress so far
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News
Open GI enters usage-based insurance market with latest partnership
The cost of living crisis and inflation has seen a rise in usage based insurance models