M&A
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Latest NewsGRP to supercharge growth of Marsh UK Networks amid acquisition spree
Mike Bruce, chief executive at GRP, tells Insurance Times about his plans for 2021 following three acquisitions in the first quarter of the year
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Latest News
PIB Group buys Staffordshire-based broker
The new addition plans to make use of the ‘extra leverage and product base that being part of PIB will provide’
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Latest News
Specialist Risk Group makes fourth acquisition this year
The acquisition ’perfectly complements’ SRG’s goal, according to chief executive Warren Downey
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Latest News
Markerstudy Group buys Brightside
Markerstudy Group’s chief executive says the business has been observing Brightside with interest for years
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Latest News
Aston Lark confirms third acquisition this week with Bristol broker purchase
Group chief executive says he is ‘excited about further expanding our presence in the South West’
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Latest News
JM Glendinning blazes acquisition trail following North West broker investment
Tim Johnson, JM Glendinning’s executive chairman, says the broker plans to supplement its strong organic growth with a series of strategic acquisitions
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Latest News
Aviva to focus on core market strategic growth despite dip in UK GI operating profit
In its preliminary financial results this morning, Aviva revealed its focus for the year ahead as it continues to transform at pace
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News Analysis
Admiral Group expects to be ‘less impacted’ by FCA’s fair pricing reform
The company’s chief financial officer further identified price comparison websites (PCWs) as an ‘important distribution channel for us’, while new group chief executive Milena Mondini de Focatiis celebrated the insurer’s premium refund initiative, describing it as ‘a bit unique in the market’
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Latest News
Aston Lark buys East Anglia-based MGA
Hot off the heels of its last acquisition just yesterday, Aston Lark has bought an MGA
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Latest News
Aston Lark buys independent Scottish broker
The deal marks Aston Lark’s expansion ambitions in Scotland
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Latest News
Avid Insurance makes first acquisition with construction MGA buy
Avid’s chief executive says that the transaction is a ’big step’ towards its medium-term growth ambitions
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Latest News
Ardonagh to invest in M&A broker
The broker’s 17-strong team will join Ardonagh upon completion of the deal
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Latest News
RSA reports £166m hit from Covid-19 for 2020
The insurer paid out £259m in group-wide claims costs pertaining to the coronavirus pandemic
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Latest News
The Jensten Group buys Wiltshire-based broker
The deal forms part of the company’s buy and build growth strategy
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Latest News
GRP buys Ipswich-based broker
The broker will remain as a standalone business, but hopes to now target substantial growth as part of GRP
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Latest News
Aviva to exit Turkey
The transaction is expected to complete this year, but is subject to closing conditions and regulatory approval
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Latest News
Aston Lark expands construction offering with new industry buys
Group chief executive says the firm’s latest purchases will help it continue to ‘grow in construction insurance’
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Latest News
Aviva approves €3.2bn sale of its French business
Aviva’s capital and liquidity has been strengthened with an increase in excess capital of around £2.1bn
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IT Interview
A-Plan and Howden Group partnership ‘is very much around growth opportunity’
A-Plan’s group chief executive says the acquisition ‘just makes great sense’ because the broker operates ‘in a market where Howden are just very underweight’
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News Analysis
Allianz Holdings describes communication with brokers as ‘great success over 2020’
Chief executive says virtual methods have allowed the insurer to stay in touch with brokers ‘to a greater extent’
