Mergers & acquisitions (M&A)
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.
Cobra completes second acquisiton of quarter
Cobra Holdings has completed its acquisition of independent commercial insurance broker Philip Paul and Associates.
County acquires Heath Insurance Services
The County Group has acquired Knutsford-based broker Heath Insurance Services, which has a gross premium income of £1.4m.
Marsh completes Jelf acquisition
Marsh has completed its acquisition of Jelf after the deal was approved by regulatory authorities and Jelf's shareholders.
Peer-to-peer insurers tipped as attractive M&A targets
Acquiring peer-to-peer insurance companies has been tipped as a way for traditional insurers to protect market share as the demand for insurance products changes, a Deloitte report claims.
Specialist church insurer sold to Inter Hannover
Inter Hannover will buy Congretional and General Insurance, subject to regulatory approval.
Quiz of the week - 27 November
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Davies wraps up purchase of Parabis's adjusting businesses
Davies Group has confirmed the acquisition of Parabis Group’s loss adjusting businesses Argent Liability Adjusters and Argent Property Adjusters.
‘Remarkable Towergate is still standing' says CEO Ross
Towergate CEO David Ross is amazed the business is still operating after the "extraordinary amount of trauma" it experienced in the past 18 months.
A-Plan targets acquisitions on back of previous year's growth
High street broker A-Plan has delivered a 9% increase in earnings before interest, taxes, depreciation and amortisation to £24.7m for the year ending 28 February 2015 (FY 2013: £22.7m).
R&Q acquires Maltese subsidiary of US Fidelity National
Randall & Quilter will acquire Maltese subsidiary of US-based Fidelity National, FNF Title Insurance Company, subject to regulatory approval.
Cobra Holdings acquires BKG West
Cobra Holdings has acquired independent commercial insurance broker BKG West.
Collingwood receives PE backing to grow new product lines
Collingwood Insurance Company has confirmed private equity firm JZ International has become a majority investor in the business to help accelerate its growth plans.
Parabis Group confirms Plexus sale to original founders
Parabis Group has confirmed it is selling its defendant and consumer law firms to a consortium of private individuals led by two of its original founders.
Ryan Specialty Group acquires M&A specialist MGA
Chicago-based Ryan Specialty Group has acquired managing general agent Hunter George & Partners, which offers insurance solutions for mergers and acquisitions.
Helvetia concludes withdrawal from Belgian market
Swiss insurer Helvetia has completed the sale of its subsidiary Nationale Suisse Belgium and the two underwriting agencies owned by the latter to Enstar Group.
Groveland looks to expand following Hong Kong acquisition
Groveland Financial Services wants to partner with more brokers and talk to retiring brokers after integrating Swiss Insurance Partners' Hong Kong book.
Clear completes 19th acquisition with Emson Corporate Services buy
Clear Insurance Management has acquired Emson Corporate Services, taking the broker's controlled premiums to £70m.
County Group strengthens leadership team to boost growth
The County Group has hired a group finance director and integration head to assist its organic and acquisitive growth plans.
Late bid by CSC in Xchanging takeover
Procurement and technology provider Xchanging has seen another takeover bid, this time from US-based technology company CSC.
GB Underwriting snaps up UK property book from Kay International
GB Underwriting has acquired Kay International’s portfolio of UK property business in a deal that is billed as a “significant enhancement” to the independent managing general underwriter’s properties insurance capabilities.
Motorsports specialist Ellis Clowes acquired by Integro
Lloyd’s sports and hostile territories specialty broker Ellis Clowes has been acquired by US-based broker Integro.
FCA approves Osprey takeover
The Financial Conduct Authority has approved Thomas Miller's proposed acquisition of Osprey Holdings, the parent company of Osprey Underwriting Agency.
Chase Templeton acquires Kent-based broker Consilium
Chase Templeton has completed its largest ever acquisition through the asset purchase of Kent-based healthcare broker Consilium Employee Benefits.