Mergers & acquisitions (M&A)
James Hallam acquires Motor Race Consultants
James Hallam has completed the acquisition of Motor Race Consultants Insurance Services.
Robert Organ leaves amid Bluefin/Marsh management restructure
Robert Organ will leave Bluefin under a revised management team, following the business’s acquisition by Marsh.
Insurance business is safe amid Co-op Bank's decision to put itself up for sale
Co-operative insurance will not be impacted amid the Co-operative Bank’s decision to put itself up for sale and invite offers on its shares.
Sovereign Capital backing management buy-out of Irish broker Arachas
UK private equity firm Sovereign Capital is backing the management buy-out of Irish brokerage Arachas Corporate Brokers.
Blackstone to acquire Aon's benefits outsourcing for $4.8bn
Private equity firm Blackstone has agreed to acquire Aon Hewitt's employee benefits outsourcing business for around $4.8bn (£3.8bn).
GRP investment will free Higos for acquisition spree
Regional broker Higos Insurance Services has the backing of its new owner Global Risk Partners for further acquisitions.
Peter Graham departs as Barbon chair to focus on new ventures
Former Esure CEO Peter Graham has stepped down from his role as chairman of Barbon Insurance Group
RSA legacy sale to bolster its Solvency II position
RSA will use the sale of its legacy assets to further bolster its Solvency II position, according to its chief financial officer.
RSA disposes of £834m UK legacy book
RSA has agreed to dispose of UK legacy insurance liabilities worth £834m to the Bermuda-based Enstar Group.
Argo completes Ariel Re deal
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
Finch acquires County Insurance Services
Finch Group has acquired its second independent broker of the year with the capture of County Insurance Services.
Post Power List 2017: Andrew Kendrick
Senior vice-president of group and president for Europe, Chubb
Post Power List 2017: Stephen Hester
Group CEO, RSA
Post Power List 2017: Mark Weil
CEO, Marsh UK & Ireland
County Group continues acquisition spree with Thompson Brothers capture
The County Group has acquired Thompson Brothers Insurance Consultants for an undisclosed fee.
QBE denies £12.1bn Allianz takeover bid
QBE said there was “no basis” to reports it is in talks on a £12.1bn takeover bid from Allianz.
Davies confident of growth strategy under new majority owner
Davies' new private equity backer, HGGC, will allow the claims service provider to continue with its growth plan.
Davies Group gets new equity backer
US private equity firm HGGC has taken a majority stake in Davies Group.
Towergate vows to ‘drive out inefficiency’ with £40m investment
Towergate will spend the majority of the £40m it will raise through a rights offering on “driving out inefficiency”.
Towergate to receive fresh investment from shareholders
Towergate will receive £40m in additional investment through a rights offering.
DWF saves Triton on day of administration
Law firm DWF acquired Triton on the day that the multidisciplinary organisation went into administration.
PIB continues acquisition spree with York broker capture
PIB has confirmed the acquisition of York-based broker D E Ford.