M&A – Page 66
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NewsMarkerstudy cuts compulsory redundancies for proposed Co-op Insurance deal
Markerstudy says that employees are of ’utmost importance’, earlier in the week an Early Day Motion was filed in a bid to reassess the deal with Co-operative Insurance
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NewsRochdale MP lodges Early Day Motion urging Co-op to reassess Markerstudy deal
A protest was held on the same day the motion was launched in order to draw attention to the amount of job losses in the proposed sale of Co-operative Insurance
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NewsAXA Partners extends long-term partnership with travel insurer
The global insurer has entered a collaborative partnership with a travel insurer to cater to customer needs more closely
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News AnalysisAon and Willis Towers Watson merger seals shareholder approval
Shareholders have voted in favour of the merger between Aon and Willis Towers Watson
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NewsThingCo secures contract with Freedom Brokers
ThingCo has secured a new contract to further deploy its telematics device Theo, as part of its ambitions to expand in the UK and then globally
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NewsZurich partners with By Miles on five-year usage-based insurance proposition
The insurer has entered a five-year agreement for a usage-based insurance model with By Miles after observing a shift in consumers driving patterns during the pandemic and as lockdown unwinds
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NewsLancashire broker joins Ethos Broking
The new addition plans to use Ethos Broking’s resources to aid its growth plans
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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
