M&A – Page 57
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News AnalysisArdonagh snaps up another MGA as acquisition spree continues
The newly acquired company, which specialises in the construction, leisure and commercial sectors, will become part of the Ardonagh-owned Geo Specialty Group
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NewsBollington buys Bolton-based broker
The move is designed to strengthen Bollington’s corporate offering, as well as its overall market presence
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NewsBriefing: Why Hastings is a good fit for Sampo
The £1.7bn proposed takeover of Hastings by a consortium lead by Finnish insurer Sampo was met by surprise by many, but under closer inspection the deal might make a lot of sense for both parties By data insights editor Matt Scott
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NewsCounty Group buys Britannia Consultants Services in second acquisition of the week
County Group’s managing director said he is expecting to close a number of deals in 2020
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News AnalysisNeil Utley set for £70m windfall from Hastings sale
Former chairman and chief executive Gary Hoffman is also set to pocket £15m from the deal
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NewsGresham Underwriting and Covéa enter new capacity partnership
The MGA is also seeking long-term partnerships with insurers in a bid to grow
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NewsBennetts must be ‘held separate’ from Ardonagh pending probe outcome, competition authority rules
Ardonagh originally revealed its intention to buy the motorbike broker back in February
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NewsCounty Group buys Worcestershire broker
The acquisition adds another ‘spoke’ broker to GRP’s north west hub
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NewsNorthern Irish brokers Abbey and Autoline merging
Continued consolidation seen in the province’s broker market
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NewsAston Lark aims to expand London Market reach with new acquisition
The Goldman Sachs-owned broker has landed its second deal of the week
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NewsBennett Christmas buys PI broker
The acquisition is Bennett Christmas’s second since becoming an Ethos partner
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NewsTrade union slams Co-op Insurance for 'betrayal' in selling to Markerstudy
The proposed sale of Co-op Insurance is expected to result in 200 job losses
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NewsPIB Group snaps up Leeds-based transport broker
The broker continues to build its niche offering with this latest acquisition
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NewsGRP buys renewal rights for seven books of business from Aon
The portfolios, which includes Aon’s Northern Ireland book, will be controlled by GRP’s hub brokers
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NewsAston Lark snaps up employee benefits broker
The acquisition boosts the brokers employer benefits offering
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NewsZego partners with e-scooter firm to insure Teeside trial roll-out
Insurtech Zego has partnered with e-scooter company – Ginger, to provide insurance for the UK’s first e-scooter trial which has launched in Tees Valley, North East England.
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NewsDavies expands captive management portfolio with third acquisition of 2020
Once re-branded, the newly purchased business will become part of Davies’s insurance services practice
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NewsFlock selected as software firm’s connected insurance partner
The insurtech will create a flexible insurance offering for the software firm’s AI-piloted drone fleet
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NewsInsurtech honcho partners with employee benefits provider
Insurtech honcho has partnered with an employee benefits provider to offer its car insurance service to workers across the UK.
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NewsBrolly to ‘end all contents policies’ after sale to Direct Line
Insurtech Brolly will be ’ending all contents insurance policies’ following its sale to Direct Line Group.
