M&A – Page 4
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Aon’s £10.6bn acquisition of NFP passes key US test
’The transaction is expected to close in mid-2024,’ says broker
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Admiral and Google Cloud partnership to place customers ‘at its heart’
’We see data at the heart of not only being able to ever evolve our ability to deliver personalised pricing, but also a more personalised experience,’ says chief information officer
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US-owned Trawick International acquires controlling stake in UK-based broker
’Trawick is in an unprecedented period of expansion,’ says president and chief executive
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Prestige Insurance Holdings snaps up Londonderry broker
Chief executive flags the firm’s latest acquisition as a ‘pivotal step’ in its ‘ambitious expansion strategy’
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Neema Insurance opens London office as part of expansion
’We are bringing the City of London and its world class and unparalleled capabilities to our partner clients,’ says principal officer
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Insurtech funding plummets to lowest level since 2018
However, global head of insurtech says there are signs of ’a mature and healthy market’
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Brown and Brown Europe snaps up ‘customer-centric community broker’
Chief executive says the acquired business will ‘make an excellent contribution’ to Brown and Brown’s future
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Ardonagh Advisory expanding health and protection portfolio with broker buy
’We’re actively exploring options to expand,’ says chief executive
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US-based Hadron expands into UK with acquisition
’Hadron’s entry into the UK is a testament to the impactful global approach it has developed,’ says managing director
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Clear Group buys London-based high net worth broker
The intermediary’s ‘strong and growing offering in the HNW’ arena makes it a ‘perfect fit’ for the smaller broker, says managing director
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Astute Insurance Solutions snaps up property specialist broker
The experience of the acquired firm’s owner ‘will enrich our business and broaden the range of services we offer’, says managing director
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Jensten Group expands regional presence with broker buy
’It was very important to us that we joined a business that understood our growth ambitions,’ says director
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CMA opens inquiry into Markerstudy and Atlanta merger
The regulator is inviting comments on the transaction
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Benefact grows broking and advisory division with addition of specialist charity broker
‘Our values are strongly aligned, with an overarching purpose to contribute to the greater good of society,’ says chief executive
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Adler snaps up legal indemnity specialist as part of ‘rapid’ expansion plans
’We are thrilled to have joined Adler Fairways,’ says cofounder and director
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NFP to expand London presence with broker acquisition
’It will be a great addition to NFP as we help clients tackle their risk mitigation,’ says regional managing director
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OneAdvent launches new MGA to address ‘critically underserved’ recycling market
The market has ‘historic issues with poor risk management and large losses’, says underwriting director
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Howden expands high street presence with acquisition of Scottish broker
’It’s a perfect fit as we’re both committed to providing a local advised service,’ says chief executive
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French wholesale broker snaps up two-wheeler specialist in UK
’The whole management team are incredibly excited to take this next step,’ says chief executive
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QuestGates announces first acquisition of 2024
The acquired team brings a ‘wealth of experience from the more challenging end of the motor claims sector’, says managing director