Insurance Times rounds up the biggest M&A announcements across the market from 29 June to 3 July 2026
The biggest news in the M&A market this week proved to be Markerstudy Group’s sale of its MGA arm to Saturn Holdings, the parent company of Tradex Insurance Company.
Markerstudy said the sale will allow it to sharpen its focus on its retail operation and stressed that the transaction would maintain continuity of service for customers.
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Equally noteworthy was the news that US insurer Hagerty has entered into a definitive agreement to acquire UK motorcycle broker Bennetts from Lucida Group.
The deal, valued at £34m, is expected to be completed in the third quarter of this year.
Next, Specialist Risk Group (SRG) purchased insurance intermediary firm Superian Insurance Group.
Founded as a regional broker, Superian currently operates as an independent global insurance intermediary with a focus on the medical and healthcare sector.
Finally, the major M&A activity of this week was completed by Stubben Edge Group’s acquisition of Isle of Man-based Citadel Insurance Company from Premier Foods.
The group said that it plans to integrate Citadel with its existing operations to create a broader international insurance platform.
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