Insurer
Regional broking powerhouses to merge after Axa swoop
Axa UK has reached agreement with insurance brokers Stuart Alexander and Layton Blackham to acquire both businesses. Axa UK will be acquiring both firms through its subsidiary Venture Preference which already owned 38.9% of Layton Blackham.
Ace brands to remain distinct despite merger
Ace European Group has combined its Global Markets and European divisions to be known as Ace UK.
MPs call for graduated driving licence
An early day motion has been tabled at the House of Commons calling for a graduated driving licence scheme in a bid to reduce deaths on the road.
Zurich decides on Endsleigh future
Zurich today announced today the signing of an agreement for the purchase of all remaining shares in the broker Endsleigh.
Groupama wins race to acquire Carole Nash
Groupama UK has confirmed that it has today completed the purchase of the share capital of Carole Nash Insurance Consultants Limited for an undisclosed sum. The acquisition has received formal regulatory approval from the FSA.
Hiscox opens Manchester office
Hiscox has announced the next stage of its UK expansion plan with the opening of a new office in Manchester.
Lark acquires Lloyd's broker
Lark Group have today announced the purchase of Somerville Insurance Services, a Lloyd’s broker based in the City and Sudbury, Suffolk.
UKGI receives accreditation
UKGI has received continuing professional development accreditation from the Chartered Insurance Ins...
Broker makes first acquisition since 1957
K Drewe Insurance Brokers has made its first acquisition in its fiftieth year of trading.
Jelf buys in Plymouth
Bristol-based the Jelf Group has acquired independent commercial insurance brokerage Haines Wallace. The deal is expected to add £4.5m to the group’s premium income.
Wilbur Ross strikes major Lloyd's deal
Hiscox today announced that in order to take advantage of strong underwriting opportunities, Hiscox Syndicate 33 has entered into a Quota Share reinsurance arrangement with Panther Re Bermuda, the $360m Bermuda reinsurance company newly formed by WL Ross…
Zurich sets up business unit in Central and Eastern Europe
Zurich has established a new business unit, Central and Eastern Europe, to better capitalize on the growth opportunities in these markets.
Highway appoints motor products manager
Highway has appointed Scott Greenhill in the newly-created role of motor products manager.
Hiscox opens in Sweden and Portugal
Hiscox has announced the opening of an office in Sweden and one in Portugal as part of the continued development of its European business.
Bollington acquires again
The Bollington Group has strengthened its presence in Wigan with the acquisition of broker M G Smithies Limited. The purchase comes hard on the heels of its acquisition of Oxfordshire broker F M Green last week.