M&A – Page 67
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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.
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NewsDirect Line Group buys insurtech Brolly
Direct Line Group has acquired insurtech Brolly, but the deal is not expected to close until Q3 2020.
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![acquisition three jigsaw]](https://d17mj6xr9uykrr.cloudfront.net/Pictures/100x67/5/1/8/75518_acquisitionthreejigsaw_905211.jpg)
NewsJensten Group snaps up HTC Associates in second post-lockdown deal
The deal follows Jensten’s acquisition of wholesale and retail broker Senior Wright
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NewsArdonagh buys Arachas and Bravo Group as it completes £2bn debt raise
The independent broker bought the two businesses for a combined value of £550m
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NewsPIB Group buys property broker to mark 30th acquisition
The move forms part of the firm’s ambitious 10-year growth strategy, centred around buying specialty businesses within the retail and wholesale markets
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IT InterviewGreat businesses have greater value – Mistry defends broker consolidation
Brokerbility’s executive chairman Ashwin Mistry says that good businesses will always invest for the future, and that they should be rewarded for that in the valuation of their business when it is put up for sale
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NewsPikl reveals MGA under its new partnership
Sharing economy insurance specialist Pikl has revealed the MGA under its new partnership with three firms. Read more…
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NewsCovid crisis fails to dent Jensten M&A appetite
The broker group plans several more acquisitions this year
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NewsInsurtech trade body teams up with investment platform to boost sector growth
Trade body – Insurtech UK has partnered with online investment platform, Seedrs to help fuel the insurtech sector’s growth.
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NewsAllianz to terminate partnership with insurtech involved in accounting scandal
This move is a further fallout in corporate Germany against the backdrop of an accounting scandal involving the insurtech
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![acquisition three jigsaw]](https://d17mj6xr9uykrr.cloudfront.net/Pictures/100x67/2/5/6/75256_acquisitionthreejigsaw_905211.jpg)
NewsSpecialist Risk Group makes three more strategic partnerships for Insolvency Risk Services
Specialist Risk Group (SRG) has made three more strategic partnerships for its newest acquisition Insolvency Risk Services (IRS).
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IT Interview‘There’s always misinformation and bravado around multiples’ says new GRP boss Mike Bruce
Despite the advantages of consolidation, Bruce added that this is still viewed negatively within the broking sector
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NewsGRP back on acquisition trail following Searchlight takeover
The deal marks the broking group’s first foray into the health insurance market, with further acquisitions planned for the sector
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NewsHowden predicts post-pandemic ‘capacity crunch’ for M&A insurance market in 2021
The economic fall out from the coronavirus pandemic will likely see a ‘significant capacity crunch’ that is expected to hit the M&A insurance market in 2021, according to Howden. Read more…
