Mergers & acquisitions (M&A)
Allianz and Intact pondering Aviva takeover, reports claim
The Times has reported that "market chatter" has suggested Allianz and RSA owner Intact, are considering lining up a bid to buy Aviva.
Who’ll buy RSA’s home and pet books if sale is green-lit?
Content Director’s View: With RSA and parent Intact floating the idea of a possible sale of its remaining personal lines business, Jonathan Swift looks at who could be in the market for a new pet and/or household book.
A-Plan to be replaced by Howden on high streets
The A-Plan brand is to disappear from 100 branches across the UK, replaced by the Howden brand.
Insurance M&A volume soars but deal value falls
Data analysis: The number of UK insurance merger and acquisition deals rose from 48 in the first half of 2022 to 54 at the start of 2023 but the total publicly disclosed deal value fell from £3.8bn to £16m year-on-year.
Neal predicts consolidation as Lloyd’s delivers £3.9bn H1 pre-tax profit
Lloyd’s CEO John Neal has said the market’s underwriting performance is “as good as we’ve seen in recent decades”, as it reported a £3.9bn profit before tax for the first half of 2023.
Markel launches construction proposition; Pen secures solcitors' PI capacity; Partners& acquires Nex Gen
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Diary of an Insurance PR: Full Circle’s Ant Gould
Ant Gould, director of Full Circle Communications, ghost-writes, pens press releases, reviews award entries and even puts on his tie to moderate an industry conference.
Insurance M&A activity continues to slow down
Lack of demand for insurtech businesses plus concerns about a target company’s data security resulted in less merger and acquisition activity in the UK in the first half of 2023, according to Clyde & Co.
Aviva expands underwriting appetite; Flood Flash with Hiscox; Dual deal
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
DWF confirms Inflexion approach to buy
Law firm DWF has confirmed it has been approached to be acquired by Inflexion in a deal worth £342m
D&G CEO reveals plans for the US
In its results, the group reported a 7% increase in revenue, as well as a 12% growth in Ebitda.
540 jobs saved as Plexus Law bought out of administration with Axiom Ince deal
Axiom Ince has acquired Plexus Legal LLP and Plexus North LLP out of administration for an undisclosed sum.
Insurance Post Podcast: What is driving M&A activity in insurance?
A “flush” of insurance broking businesses has stopped growing, resulting in bosses struggling to figure out how to flourish without investment, according to Peter Blanc, group CEO of Aston Lark and executive chair of Howden.
Big Interview: Clyde & Co’s merger with BLM
Ten months after the merger with BLM went live, Pam Kokoszka speaks to Clyde & Co’s Natalie Griffin, Chris Murray and Matthew Harrington about how it is going, and plans moving forward.
Ardonagh’s Joe Conway on playing the M&A long game
Joe Conway, head of M&A for Ardonagh Advisory, believes that building trust is the key, and that part of this can mean turning away a potential acquisition and introducing them to another buyer if this is the right thing to do for the broker.
Briefing: Why the potential Markerstudy/Ardonagh Retail merger makes sense
As reports surface on what some have called “the worst kept secret at Biba”, why does the potential merger between Ardonagh Retail and Markerstudy make sense?
View from the Top: PIB Group’s Ryan Brown on the European M&A landscape
Ryan Brown, deputy chief executive of PIB Group, explains why acquisition-driven change delivers for the industry and its clients.
Howden secures £1bn investment and appoints Blanc as head of M&A
Howden has appointed Peter Blanc as head of M&A after it secured in excess of £1bn for M&A, new initiatives and talent.
Jensten buys three brokers; CFC launches IP solution; Optio appoints CEO
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Howden snaps up Reich
Howden has bought Reich Insurance Group, for an undisclosed sum, in a “significant step” to increase its footprint across north west England.
Percayso lines up further acquisitions following Cazana deal
Percayso Inform is looking for further acquisition opportunities following its purchase of Cazana last week, managing director Rich Tomlinson has told Post.
Ardonagh’s Swindle looking to establish clarity in the market
Ardonagh UK Commercial MGA CEO Jaime Swindle wants to be clearer regarding strategy moving forward, before looking at growth opportunities in the second half of the year.
Q&A: Simon Pemberton, Gallagher Bassett
Simon Pemberton, CEO of Gallagher Bassett ,caught up with Insurance Post to speak about claims trends, recruiting talent and plans for the business in the year ahead.