Mergers & acquisitions (M&A)
PIB hires Towergate's Brown as CFO
PIB Insurance Brokers has appointed Towergate Underwriting finance director Ryan Brown as its chief financial officer.
Amlin completes merger of two of its subsidiaries
Amlin yesterday (4 January) completed the merger of its two insurance company subsidiaries, Amlin Europe and Amlin Insurance (UK).
Lime Street acquires Houlder Insurance Services
Lloyd’s broker Houlder Insurance Services has been picked up by Sande Investments, which owns Lime Street Brokers, as Houlder’s parent company decided to exit the London Market.
Acquisition of French broker Gras Savoye finalised
Willis Group has completed its acquisition of French insurance broker, Gras Savoye.
Xchanging and CSC deal moves closer
A deal between technology provider Xchanging and US-based Computer Sciences Corporation (CSC) is closer today with CSC purchasing another 10% of Xchanging shares.
C-Suite - Insurer: A Diverse New Year
When insurers reflect on 2015 there is no doubt it will be remembered as the year of new partnerships. Indeed, with the festive season upon us, there are plenty of companies in the market seeing in their first Christmas together. Alongside some major…
Gallagher makes Australian acquisition
Broker Arthur J Gallagher has acquired Australian-based Strathearn Insurance Group.
Zurich to spend up to £702m on US agricultural insurer
Zurich's subsidiary, Zurich American Insurance Company, will buy US agricultural insurer Rural Community Insurance Services for up to $1.05bn (£702m) from Wells Fargo, which will strengthen its top five position in US commercial insurance.
Nexus adds to specialist team with Millstream Underwriting
Nexus Underwriting Management has continued its growth, acquiring Millstream Underwriting today (17 December).
DWF to acquire German law firm Bridgehouse Law
Defendant law firm DWF is to acquire German international commercial firm Bridgehouse Law on 1 January 2016.
Editor's Comment: 2015: A year in review
Christmas is a time for reflection on the past year and to think about what 2016 might bring.
Expertise From A-Z: Full Year Market Spotlight – The Game Changers
How will changes during 2015 impact the industry in the coming year?
Carlyle deal paves way for specialist CL and HNW acquisitions at PIB
PIB Insurance CEO Brendan McManus is targeting numerous acquisitions in the early part of next year following investment into the business from private equity firm The Carlyle Group.
Bluefin acquires three Broker Network members
Bluefin has acquired Edinburgh-based Lomond MacDonald Insurance Brokers from Lomond Capital in a deal that completed on 30 November 2015.
Integro acquires Entertainment Insurance Partners
Integro Insurance Brokers has acquired Entertainment Insurance Partners, the parent company of Robertson Taylor Insurance Brokers.
Marketform appoints Chubb's Brown as M&A global practice leader
Specialist Lloyd's underwriter Marketform has recruited Robert Brown as global practice leader of its mergers and acquisitions insurance operations.
Shareholders approve Willis and Towers Watson merger
The merger of Willis and Towers Watson is set to go ahead after shareholders of both companies approved proposals at a special meeting in the US today (11 December).
Lockton grows marine presence with Italian and Singaporean investments
Broker Lockton has expanded its marine and protection and indemnity business by acquiring Genoa-headquartered Italian broker PL Ferrari & Co.
Takeover talks reported for PIB
Broker PIB could be bought by a private equity firm led by former French president Nicolas Sarkozy's half-brother Olivier Sarkozy, according to Sky News.
Barton elevated to Jelf CEO following business restructure
Phil Barton is to take on the role of Jelf CEO, succeeding Alex Alway who is to join the Marsh board as a non-executive director.
Kennedys expands in Scandinavia with merger and associations
Law firm Kennedys is expanding its international reach in Europe through agreements with three Scandinavian firms, which come into effect from 1 January 2016.
Eighteenth acquisition for health consolidator Chase Templeton
Private medical insurance consolidator Chase Templeton has made its 18th deal for 2015, adding an extra £6.8m in annual premium income with the acquisition.
Brokerbility acquires London-based broker CIC
Brokerbility Holdings Insurance Brokers has acquired London-based Churchill Insurance Consultants, taking its controlled gross written premiums to more than £50m.
No vote urged for Towers Watson shareholders
Towers Watson shareholders are again being urged to vote against the proposed merger with Willis Group by proxy adviser company Glass Lewis and Co.