M&A – Page 31
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NewsJMG Group expands presence in Scotland and Southampton with two broker buys
JMG Group has today (9 January 2023) acquired Knightsure Insurance Brokers and T I Alexander Insurance Brokers in two separate transactions.
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NewsGRP boosts MGA portfolio with ‘niche’ business buy
Global Risk Partners has acquired the entire issued share capital from Nucleus Underwriting.
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NewsMarkerstudy bags Tradex Insurance Services in Clegg Gifford deal
The buy was revealed on Companies House last week
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IT InterviewWarren Downey: Specialist Risk Group is ‘quite romantic about M&A’
Alongside acquiring businesses in adjacent markets and building on existing specialties, SRG also has plans to become ‘more noticeably international’ in 2023, says group chief executive
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NewsGlobal M&A insurance sector saw a ‘turbulent’ 2022 – Gallagher Specialty
The M&A insurance sector will continue to ‘evolve and persevere’ despite challenging economic conditions, predicted the report
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NewsGRP purchases entirety of Hedron Network broker member
Global Risk Partners (GRP) has acquired the whole entity of Christopher Trigg Ltd (Christopher Trigg) in its first deal of 2023, having received regulatory approval.
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NewsAston Lark expands UK footprint via two new regional offices
The broker’s managing director believes ’there’s still no substitute for having our people on the ground’
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NewsSpecialist Risk Group snaps up specialist broker in first deal of 2023
The expertise and ‘aligned’ culture of the acquired firm will ‘add tremendous value’ to SRG’s existing motor capability, says deputy chief executive
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IT InterviewBroker consolidation is ‘a long way off becoming a real fundamental problem’
Group chief executive identifies ‘little moment in time’ around multiples which means more broker leaders may be tempted to tap into consolidators ahead of schedule
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NewsJensten Group acquires specialist storage broker
The two businesses share a business ‘ethos’ that will help them to succeed together, says managing director
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NewsAston Lark expands marine business with purchase of N&G book
The purchase will also see marine underwriter Mike Jeffrey move across to Aston Lark
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NewsJensten Group buys Kent-based motor trade and fleet broker
The organisation plans on using its new purchase to expand its areas of specialism
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NewsRomero Group ebitda grows 38% for 2022
The independent broker also posted turnover growth of 24% for the year
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NewsStubben Edge buys Insurercore
The deal will create ’one of the largest independent financial services distribution platforms in the UK’, says chief executive
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NewsGRP buys Kent-based commercial broker
Broker leader sold up because the ‘firepower that GRP and Brown and Brown can provide for growth oriented businesses is second to none’
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NewsJMG Group buys Wokingham-based commercial broker in 14th deal since 2020
The transaction sees the intermediary business break the £200m gross written premium threshold
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NewsInsurance M&A hits record but inflation will impact future appetite – FTI Consulting
Year-on-year transaction volumes fell during Q3 this year, says new report
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NewsZego and QBE expand partnership
The two firms are excited about the use of data ’to drive pricing, risk selection and customer insight’
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NewsRCIB extends longstanding Open GI partnership after 20% policy sales boost
The firm’s tech allows the end consumer to make mid-term adjustments via Open GI’s core platform
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NewsAsta-managed Trium Cyber Syndicate 1322 receives green light from Lloyd’s
The new cyber syndicate, headed by two ex-Aspen executives, will launch in 2023
