M&A – Page 56
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IT InterviewPaul Anscombe: Looking after staff is ‘really important’ in M&A to retain clients
Following a hat-trick of acquisitions in May, Seventeen Group is building scale to maintain its independence says chief executive
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NewsBanks scoops windfall as reinsurer buys his broking group
Somerset Bridge scooped up by Bermuda reinsurer
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NewsDavies Group inks deal to buy property claims firm to expand North American reach
The firm will bring a ’wealth of knowledge’ to Davies according to group chief executive
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NewsAon-WTW merger allows for ‘combination of complementary solutions’ – GlobalData
The data and analytics firm disagrees with the US Department of Justice’s stance that the acquisition would result in higher prices, reduced quality and less competition
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NewsAston Lark snaps up concrete specialist broker
The deal boosts the broker’s total number of acquisitions this year up to 15
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NewsUS Department of Justice files lawsuit against Aon-WTW merger
Attorney general says the legal action displays the department’s ‘commitment to stopping harmful consolidation’
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NewsDavies Group buys contact centre consultancy amid North American expansion
Davies Group chief executive says diversifying its solutions and expanding operations across North America is an ’important plank’ to its growth strategy
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NewsAston Lark Ireland makes another acquisition
This marks Aston Lark Ireland’s fourth acquisition in 2021
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NewsClear Group strengthens South East footprint with latest acquisition
Executive chairman says the deal falls squarely in Clear Group’s ‘acquisition sweet spot’
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NewsCFC’s new transaction liability product presents ‘significant opportunity’ for brokers
With more than 50,000 SME transactions in the UK alone, there is a significant opportunity for brokers in this market, according to CFC’s head of transaction liability
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NewsRSA outlines product growth ambitions following Intact/Tryg takeover
The insurer wants to be ‘a more dominant force’ within the SME market, according to its UK and international chief executive
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IT InterviewScott Egan: There will be ‘no radical about-turns’ in RSA’s strategy following Intact takeover
Instead, RSA’s new owners will help the insurer ‘accelerate our plans’ around ‘outperformance’
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NewsGRP-owned Crotty Insurance buys commercial insurance broker
The deal will help Crotty ‘generate momentum in the Irish broking market’ says GRP
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NewsMGA Kitsune finds new home with car insurance broker
Broker Brightside originally announced last November that Kitsune would be put into run-off for failing to meet specified returns
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NewsQ&A: Davies Group relays broker and insurer incentives for outsourcing end-to-end claims
Davies Group’s head of claims solutions, UK and Ireland Kath Mainon, discusses end-to-end claims with Insurance Times and the benefits of outsourcing to fewer strategic partners
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NewsEthos Broking UK expands East Anglia footprint with third buy this year
The broker’s M&A strategy remains unaffected despite the Covid-19 pandemic
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NewsIntact and Tryg complete cash acquisition of RSA
The transaction ‘has delivered attractive, certain value for our shareholders’ says RSA chairman, as Intact promises to ‘build on the well-recognised RSA brands and scale in home and commercial lines’
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NewsArdonagh Group to buy insurance operations from tech firm for $500m
The move will bring ‘two of the last remaining independent outfits of scale together to create the largest privately owned specialty broker in London’, says broker chief exec
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NewsPartners& buys Devon-based broker to boost South West presence
Chief executive Phil Barton says the acquisition aligns with Partners&’s client-first values
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NewsPace of broker consolidation is ‘a cause for concern’ – WTW Networks
Consolidators have been using the Covid-19 pandemic ‘as a bit of a lever to push people’ into considering selling up ‘sooner rather than later’, says regions MD
