M&A – Page 64
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News
JLT staff exodus not a crisis, insists Marsh’s Dan Glaser
Several senior figures have left JLT, but rate of attrition not out of the ordinary, Marsh insists
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News
Davies Group strikes first major US claims deal with Frontier Adjusters
The new acquisition to Davies platform means it can provide clients with multi-line claims solutions in the US and Canada
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Clear Insurance Management Ltd acquires Warwickshire broker for undisclosed sum
It is Clear Insurance’s largest deal to date
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News
Hyperion combines its Howden and RKH businesses
The announcement comes with an organisational restructure
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RSA merges two risk divisions into singular commercial unit
The news will bring two job changes
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Jelf re-branded Marsh Commercial
Name change part of a wider restructuring of the Jelf business
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Agenda
Be Wiser plans acquisitions and new AI technology to grow business
Be Wiser chairman Mark Bower-Dyke talks about his plans to return the business to growth
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Agenda
Gallagher buys landlords insurance broking group
Brentford-based group claims to manage the insurance requirements of over 140,000 policyholders
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Agenda
Goldman Sachs completes Aston Lark deal
Initial private equity owner Bowmark Capital also reinvests in Aston Lark
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Agenda
Ethos-owned Finch completes eighth acquisition in ‘biggest deal to date’
Finch Group’s first acquisition of this year is also described as its largest to date
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News
Zego partners with major car-subscription service
Private hire drivers will be automatically insured when taking out a subscription on a vehicle
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Agenda
Marsh UK boss Lay opens up on integration of ‘feisty’ JLT
Marsh’s UK and Ireland chief executive says the $5.6bn deal has had an impact on the personality of both Marsh and JLT
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News
Aston Lark buys Manchester broker
The deal is Aston Lark’s first acquisition in the Manchester area
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News
All Swinton retail branches now closed, Ardonagh confirms
Integration of Swinton is said to be nearly complete, with another £11m planned to be invested in the process through the second half of 2019
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News
Bravo Group reveals purchase price of every acquisition in 2018
Broker Network-owner Bravo Group has revealed the price paid for each of its 10 acquisitions last year
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News
GRP buys first risk management business
Managing director Mike Bruce says the buy will add ‘significant value’ to broking and MGA clients
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News
New majority stake deal gives Avid insurance ‘firepower’
The investment will fuel further organic profitable growth
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News
RAC partners with car insurance broker
It hopes the partnership will encourage more policyholders to take out breakdown cover and ease claims
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News
Trõv switches track on return to UK market with Lloyds Banking Group
Ahead of closing its app in October, Trõv moves away from direct-to-consumer market and sets its stall out to work with incumbents
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Agenda
Ethos MD Richard Tuplin – consolidator competition driving up broker acquisition prices
Tuplin says that while Ethos don’t always match the prices paid by other firms, it is the wider proposition that wins brokers over