M&A – Page 68
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NewsIntermediary sector set for M&A increase
Many in the broking sector are already looking to their future ownership
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AgendaBroker Brunel completes South West acquisition
The directors of the business will remain with Brunel
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NewsAXA to launch XL specialty products on e-trade this year
Jon Walker revealed details to Insurance Times of how AXA Commercial and AXA XL will collaborate in the UK market to benefit brokers
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NewsAXA Partners enters mobile phone insurance market
It follows AXA Partners ongoing plans for expansion into new markets
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NewsPrivate equity firm scoops minority share in Acturis
Its existing investor will exit its position with Acturis
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NewsGallagher nets JLT aviation book
Gallagher acquires the assets of UK broker Hayward Aviation in the deal as it continues to build its aviation book
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NewsTasker acquires Lincolnshire specialist broker
Tasker has worked with the broker before in a wholesale capacity
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NewsARAG acquires DAS operations in international expansion pursuit
ARAG is buying the Irish business of DAS
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Online onlyGRP continues acquisition spree as it nets equine broker
GRP carries its acquisition momentum into 2019 with its second purchase of the year
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NewsSlater and Gordon extends contract with RAC
It follows Slater and Gordon appointing Aviva’s former insurance executive to head it’s consumer and legal division
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Online onlyCanopius to become top five Lloyd's player with acquisition of AmTrust book
The transaction will see AmTrust end its direct interest in Lloyd’s although it does take a double digit minority stake in Canopius through the deal
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NewsNovidea launches guide on how to maximise M&A success
It outlines steps for businesses to make their integration as successful as possible
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NewsGRP makes "first of many" acquisitions amid 2019 growth plans
It brings the number of acquisitions to 47 since GRP was founded in 2013.
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NewsSimply Business partners with energy comparison site
It follows Simply Business appointing David Summers as group chief executive
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Online onlyBGC completes Ed acquisition
Ed chief executive Steve Hearn will head up the group’s insurance division, which also includes Besso
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NewsMarkerstudy reveals plan to turn around Co-op fortunes
Markerstudy bought the Co-op’s underwriting business for £185m
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NewsCo-op sells underwriting business to Markerstudy in £185m deal
Deal includes a distribution agreement between Co-op and Markerstudy
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NewsAston Lark completes first international acquisition with Irish broker
The broker has offices in Dublin, Portlaoise and London
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NewsDavies acquires public sector claims firm
It is the first Davies acquisition since October 2018
