M&A – Page 12
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NewsGRP-owner moves to strengthen UK position with Kentro acquisition
Executive vice president says move helps position Brown and Brown ’for continued growth’
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NewsJMG Group secures 20th acquisition since forming in 2020
’The sale to JMG Group was an easy decision to make as its client-focussed values align closely with our own,’ says managing director
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NewsBspoke Group makes first acquisition since rebranding
Chief executive says acquired firm will make ’major contribution to ambitious plans for growth’
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NewsSRG inks deal to acquire TLO Risk Services
’This is another key step in the development of our professional lines offering’, says chief executive
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News AnalysisBriefing: What makes for a good broking firm?
How does a small but growing broking business make the most of the opportunities available?
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News AnalysisConsolidation of PI law firms poses new classes of risk for insurers
Increased demands for profit at consolidated claimant law firms will come ’at the cost of the insurance industry and its clients,’ says partner
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NewsAssuredPartners inks acquisition deal with event specialist
The entire team from the acquired firm will join the broker as part of the move
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NewsIS2 inks partnership expansion with Markel Direct
Divisional director says ‘there is a strong cultural fit’ between the two companies
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News AnalysisIn Focus: How software houses support acquired brokers to integrate onto new platforms
Insurance Times investigates how software platforms and considerations over data can impact the merger and acquisitions process for brokers
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NewsUK General Insurance and Precision Partnership rebrand to Bspoke Group
‘[There are] plans to grow both organically and through an acquisition strategy,’ says chief executive
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NewsArdonagh Advisory makes double acquisition
The subsidiary of Ardonagh Group will acquire a majority shareholding in the two business
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NewsTech Nation confirms sale to Founders Forum Group
Outgoing Tech Nation chief executive says Founders Forum Group is the ’ideal custodian’
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NewsHowden appoints Peter Blanc to head of M&A
It comes as the business announced a warchest of more than £1bn for investment in M&A, new initiatives and talent
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News AnalysisBriefing: FCA must accelerate its authorisation process for new brokers
While the regulator must complete careful audits of new firms, the time periods being reported must improve
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NewsPIB Group snaps up property insurance broker
’We look forward to having the team on board,’ says chief executive
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NewsUK&I forecast to see lower insurance M&A deal volumes in 2023
’M&A cooled in 2022 after a record-breaking period and it is expected that activity will normalise at a lower baseline in 2023,’ says report
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IT InterviewMike Edgeley: The Clear Group aims to create ‘more efficient and structured’ business over 18 months
The broker intends to keep its ‘very people orientated’ DNA, but will continue work on ‘rationalising our IT’ and delivering ‘growth ambitions’, says group chief executive
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NewsPace of polarisation ‘increasing’ in UK M&A market
’The big challenge is an SME broker doesn’t really make the needle twitch of a big consolidator,’ says chief executive
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IT InterviewScott Bennett: Broker network growing despite challenge of M&A activity
Managing director says The Ardonagh Group-owned network business has to ‘pedal hard to stand still’ in terms of maintaining member numbers amid broker consolidation landscape
