M&A – Page 48
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News
Ardonagh Advisory plans to purchase personal medical and protection broker
The move is designed to complement Towergate Health and Protection’s existing offering
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News
Top 50 broker buys Ryan Insurance Group
Ryan Insurance Group’s chairman will step down following the completion of the acquisition to pursue other interests
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Features
Briefing: Henderson-Aon deal shows consequences of consolidation
Joe Henderson’s new broker is a direct rival to Aon - and there are consequences
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News
BMS predicts a record-breaking 2021 for M&A insurance
Broker believes ’M&A insurance is definitely coming of age’ as deals using this cover increased by 25% between Q4 2019 and Q4 2020
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News
RSA takeover set to complete by end of May
As the deal with Intact and Tryg receives regulatory approvals, group chief exec says the business ‘has never been in better shape’, despite paying more than £45m for BI-related Covid claims
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News
GRP completes Marsh UK Networks buy
The deal marks ‘another important milestone for GRP’ according to its group chief executive, Mike Bruce
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News
Tesco Bank bags Ageas UK’s stake of underwriting arm
The move also supports Ageas’s recently announced business strategy to focus on its core business
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IT Interview
There’s no strategy to current broker consolidation – Aventum’s David Bearman
Furthermore, MGAs that ‘put growth over profit don’t deserve to have underwriting capacity’, says chief executive
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IT Interview
David Bearman: ‘Our focus will be to build a broking house that will be decade defining’
After 25 years at the helm, the insurance group’s chief executive says the business is ‘just getting started’ as it unveils new brand and restructure
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Features
Briefing: Consolidation could cause culture concerns for broker staff
The rapid-fire of broker consolidation has caused the subject to be placed under the industry’s microscope, with commentators discussing the good, the bad and the potentially ugly…
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Features
Aon-WTW merger comes down to divestment deals
Smaller brokers may be able to pick up bargains as Aon and WTW look to dispose operations to get merger green light
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IT Interview
Mike Bruce: Successful M&A ‘comes down to the quality of the businesses and why you are buying them’
Acquisition strategies need ‘a much more thoughtful model’ than ‘let’s buy everything that moves’ says chief executive
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IT Interview
‘Choosy’ capacity post-Covid could hit MGA consolidation
However, having capacity to back up specialist schemes could provide ‘one more bite of the cherry’ says broker chair
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News
Macbeth buys Buckinghamshire-based broker
The deal marks the firm’s second acquisition in 18 months
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News
Right Choice Insurance Brokers buys Kingfisher-owned Fresh motor brands
Broker chief executive hopes the deal marks the ‘first of many acquisitions’
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News
Ardonagh Group’s retail platform purchases Be Wiser assets
The move follows job losses at Be Wiser earlier this year
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News
Aston Lark makes second acquisition in Ireland
The firm has an ambition to become ‘Ireland’s leading independent insurance broker’
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IT Interview
Warren Downey: Broker consolidation is ‘something of a concern’
SRG group chief exec says SMEs are ‘the lifeblood of the economy’ and that competition from startup brokers is ‘healthy’
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News
Partners& buys Nottingham-based broker
The move supports the broker’s strategy to build its presence in the Midlands
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IT Interview
Woodgate and Clark to target organic growth after Quadra acquisition
The loss adjuster’s managing director believes there is room for growth in the mid-ranking loss adjusting arena