M&A – Page 55
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GRP’s Yorkshire hub snaps up regional broker
Marshall Wooldridge announces its second deal in a matter of days
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Competition will remain high for established brokers in M&A says RSM
However buyers could still be cautious considering the uncertainty of the economic landscape
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PIB Group buys Leicester-based commercial broker in flurry of acquisition activity
The purchase will boost the broker’s headcount by 90 staff
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PIB Group buys real estate broker in 32nd acquisition to date
Chief executive describes purchase as an ‘attractive investment opportunity’
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Aston Lark buys Birmingham-based commercial broker
The purchase fits with Aston Lark’s ambition to expand its reach in the Midlands
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GRP-backed Marshall Wooldridge buys farm insurance broker
The latest acquisition marks GRP’s third of the month
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John Lewis teams up with Munich Re’s Digital Partners, Sedgwick and ICE InsureTech for home insurance proposition
The high-end retail giant hopes to deliver a new home insurance product early next year targeted at a wider customer base as a result of the partnership
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GRP unveils latest senior hire
The broker is hoping to hone its M&A and premium finance business through its latest senior hire
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A-Plan snaps up telematics broker, with more acquisitions in the pipeline
A-Plan Group has made its first purchase since announcing its takeover by Hyperion
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Birrell Group buys commercial broker in second acquisition this month
The purchase signals Birrell Group’s ambition to ‘build out our Midlands footprint’ since becoming GRP’s regional hub
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Birrell Group makes first acquisition since becoming GRP’s Midlands hub
The business has bought a Northampton-based commercial broker
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Manchester Underwriting Management buys portfolio renewal rights from PI MGA
MUM boosts underwriting team with the acquisition, which includes a new Scotland office
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Aviva inks five-year capacity deal with MGA for home products
It will build on Aviva’s existing relationship with the MGA and see the new product being distributed to the MGA’s 500 brokers and affinity partners
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Ardonagh buys specialist retail broker
Both parties describe the deal as a ‘great opportunity for us all’
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Zego reveals plans for partnership with Bravo Group’s networks
The ongoing Covid-19 pandemic and the need for social distancing to be in place, the UK is driving less and that has meant a turn to more usage based policies, with this in mind Zego’s director of enterprise, Gianluca Uberti tells Insurance Times the insurtech’s latest partnership
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Briefing: Hyperion equity deal sets up regional acquisition spree
The A-Plan deal gave the Hyperion group a new presence in the regional broking market. Combining this with a newly expanded M&A war chest could pave the way for some exciting times ahead By insight editor Matt Scott
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Not-for-profit broker SEIB buys ‘ethical’ intermediary
Acquisition target WRS specialises in the social welfare sector
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Zego partners with Bravo Group’s networks
This move will help Zego expand and on-board specific broker partners from Bravo Group’s networks
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Bennetts-Ardonagh motorcycle insurance merger reversed
The Competition and Markets Authority believes this move could remedy the concerns it had over this deal
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Howden to acquire solicitors’ professional indemnity broker
The deal will see the broker represent more than 1,000 UK law firms for professional indemnity cover