M&A – Page 35
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News
GRP enhances retail division with bespoke broker buy
The deal is GRP’s first since welcoming Florida-based Brown and Brown as its new parent company
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Jensten Group grows Yorkshire presence with new broker buy
The deal is the latest step in the group’s ‘buy and build’ strategy
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Davies completes Lloyd’s Asta buy
The pair’s shared culture of innovation and growth are ‘closely matched’, says chief executive
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News
Ondo pilots LeakBot project with 20,000 Admiral Platinum policyholders
The insurtech has evidence that the technology can ‘significantly reduce claims’ for its insurer partners
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News
PIB Group buys Spanish commercial lines broker
The deal marks the broker’s fourth purchase in Spain, reflecting its ‘ultimate goal of becoming one of the most important insurance brokers in the market’
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Analysis
Briefing: Goldman Sachs’ Midas touch turns to The Clear Group
The intermediary’s ownership of a broker network creates a potential acquisition pipeline that appeals to the investment bank
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News
Just Travel Cover buys London-based travel insurance scheme specialist from insurtech
Existing partnership moves to ‘the next level’ as part of ‘wider company growth strategy’
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Copart UK acquires Ageas’ green parts provider
The firm says the deal is an ‘important additional service’ as ESG demand fuels recycled car parts growth
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News
Broker consolidation indicates ‘rosy future for the broking market’ – Accenture
Brokers must also move from ‘traditional risk indemnity into risk management mitigation’ to obtain ‘frequent customer engagement’, says senior managing director
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Sponsored Content
Clyde and Co: Building a new foundation for casualty claims
After voting to merge with fellow law firm BLM in March 2022, Clyde and Co partners, Matthew Harrington and Chris Murray, set out the combined company’s vision for the future
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Analysis
Interest rate rises fail to deter lenders from broking investments
Despite being viewed as ‘neither very hot nor very unpopular’ by private equity firms, the broking community is still ‘the darling of the financial services sector’ when it comes to M&A, say experts
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News
Law firm merger completes and creates ’biggest casualty practice in the UK’
The deal is important because ’size matters’ for end-to-end client support, says law firm partner
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News
Ardonagh’s Geo Underwriting buys loss recovery MGA
Broker-backed MGA is ’excited to support’ the growth of its newly purchased firm amid plans to extend ’product distribution even more widely’
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News
PIB Group buys specialist health and wellbeing broker
The deal is an ’important step’ for the group
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News
Gallagher enhances retail division with new broker buy
The deal will also boost the firm’s presence in the North-East
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GRP buys commercial broker to ‘identify’ further M&A opportunities
The deal represents a ‘great opportunity’ to expand GRP’s regional footprint in South Wales and the West
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News
The Clear Group secures new investment
The investment represents a ’real endorsement’ and allows the next phase of the group’s strategy to be put into action, says group chief executive
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News
Zego partners with delivery logistics firm
The insurtech’s chief executive says the partnership is ’a text book example’ of why the business was started
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News
PIB Group snaps up sixth Irish retail broker
The broker has ‘committed’ to Ireland as a ’key territory for investment’
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News
Brokers have a ‘vital role’ to play in mitigating M&A risks for tech clients – CFC
Brokers can be crucial in helping their technology firm clients navigate ‘unique risks’ as business deals and claims continue to increase, says product manager