M&A – Page 50
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News
Inigo buys StarStone Managing Agency and Syndicate 1301
The startup was launched by three ex-Hiscox bosses and it has capital of $800m thanks to a consortium of global investors
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Aston Lark buys Irish broker
Aston Lark has made four acquisitions this month – its latest purchase precedes a rebrand for its Irish division
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GRP buys Leeds-based broker
The broker will be the fourth business to become part of GRP’s Yorkshire hub
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Briefing: Amanda Blanc’s strong Aviva start buys herself time
Amanda Blanc has certainly put firepower behind her promises to make changes “at pace” since stepping up to the helm at Aviva. However, success will hinge on her plans for the UK business, where the devil is undoubtedly in the detail…
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Fast-growing Clear swoops for two brokers
Clear Group snaps up two brokers as premiums near quarter of a billion
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SRG buys passenger transportation broker in fifth deal of the year
The company says it is ‘making great progress’ following its recent acquisitions
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GRP-owned DCJ Group buys Lincoln-based commercial broker
The deal marks DCJ Group’s first acquisition since being bought by GRP in 2018
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Howden sets sail into superyacht market
The move plans to take advantage of ‘the marked uptick in the superyacht industry’
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PIB Group buys Staffordshire-based broker
The new addition plans to make use of the ‘extra leverage and product base that being part of PIB will provide’
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Specialist Risk Group makes fourth acquisition this year
The acquisition ’perfectly complements’ SRG’s goal, according to chief executive Warren Downey
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IT Interview
GRP to supercharge growth of Marsh UK Networks amid acquisition spree
Mike Bruce, chief executive at GRP, tells Insurance Times about his plans for 2021 following three acquisitions in the first quarter of the year
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News
Markerstudy Group buys Brightside
Markerstudy Group’s chief executive says the business has been observing Brightside with interest for years
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Aston Lark confirms third acquisition this week with Bristol broker purchase
Group chief executive says he is ‘excited about further expanding our presence in the South West’
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JM Glendinning blazes acquisition trail following North West broker investment
Tim Johnson, JM Glendinning’s executive chairman, says the broker plans to supplement its strong organic growth with a series of strategic acquisitions
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News
Aviva to focus on core market strategic growth despite dip in UK GI operating profit
In its preliminary financial results this morning, Aviva revealed its focus for the year ahead as it continues to transform at pace
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News Analysis
Admiral Group expects to be ‘less impacted’ by FCA’s fair pricing reform
The company’s chief financial officer further identified price comparison websites (PCWs) as an ‘important distribution channel for us’, while new group chief executive Milena Mondini de Focatiis celebrated the insurer’s premium refund initiative, describing it as ‘a bit unique in the market’
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Aston Lark buys East Anglia-based MGA
Hot off the heels of its last acquisition just yesterday, Aston Lark has bought an MGA
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Aston Lark buys independent Scottish broker
The deal marks Aston Lark’s expansion ambitions in Scotland
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Avid Insurance makes first acquisition with construction MGA buy
Avid’s chief executive says that the transaction is a ’big step’ towards its medium-term growth ambitions
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Ardonagh to invest in M&A broker
The broker’s 17-strong team will join Ardonagh upon completion of the deal