M&A – Page 74
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NewsAll 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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NewsBravo 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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NewsGRP 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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NewsNew majority stake deal gives Avid insurance ‘firepower’
The investment will fuel further organic profitable growth
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NewsRAC 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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NewsTrõv 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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AgendaEthos 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
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AgendaGallagher Bassett expands London market presence with acquisition
Gallagher subsidiary picks up assets of Welsh claims management firm
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AgendaArch acquires Lloyd’s insurer Barbican
Arch builds its presence at Lloyd’s with Barbican deal
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NewsLloyd’s broker Paragon bought by Australian insurance group
The deal will take PSC’s controlled premium at Lloyd’s to around £500m
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AgendaNexus Group acquires niche professional indemnity MGA
It is Nexus’ second deal in financial and professional lines this year
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AgendaPIB completes COBRA deal and appoints new network chief executive
Former COBRA chief executive has agreed to stay on in a consultancy role for the foreseeable future
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AgendaGRP acquires specialist Lancashire-based intermediary
Intermediary’s chief executive and chief operating officer will remain with the business
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NewsBrexit decreasing M&A appetite, say insurance leaders
M&A remains a critical growth strategy but due to customers’ expectations evolving the industry must keep up
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AgendaBirmingham broker acquired by major US firm
AssuredPartners expands UK business with acquisition of Hettle Andrews
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NewsDo smaller brokers need to specialise to survive?
Insurance Times looks at what brokers need to survive in the current market climate and whether they should be looking to specialise
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NewsHome disruptor agrees “big data” partnership with insurtech WhenFresh
The insurtech brings together two billion data items for UK properties
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NewsMarkerstudy buys Smart Driver Club Insurance
Smart Driver Club Group will continue to serve as a data services supplier for the business when it joins up with Markerstudy
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NewsSaffron Insurance makes fourth acquisition
Last month new funding was granted to Saffron-parent Bravo Group to buy more brokers
