Mergers & acquisitions (M&A)
Gallagher pursues action against Ross, Mugge and Keey
Arthur J Gallagher is taking legal action against former Gallagher International CEO David Ross.
Devon-based Pavey Group buys Exeter broker
Devon-based Pavey Group has acquired broker Buddens Westinsure to expand its operations in Exeter.
Nationale Suisse shares delisted
The Cantonal Court of Appeal in Basel-Stadt has declared the shares in Nationale Suisse that are not held by Helvetia to be invalid.
Rigby replaces Harman as Crawford's European boss
Former GAB Robins CEO Kieran Rigby will lead Crawford and Company’s European operation in a move that results in the departure of Mark Harman from Crawford.
Bayles outlines Aviva's three-pronged GI growth plan
Growth is on the agenda for Aviva's UK general insurance business in 2015 with partnerships and existing customers identified by chief sales and marketing officer Phil Bayles as two target areas.
Marock notes strong acquisition pipeline for rights issue fund
Charles Taylor is eyeing up potential acquisition targets across all three lines of the company's professional services business as well as life run-off firms, according to CEO David Marock.
Local talent pools
How can insurers develop pools of talent in areas outside the capital, and how do tools such as Linked In and Skype facilitate this?
Crawford's Muress thanks staff and clients as CMA signs off on GAB Robins deal
The Competition and Markets Authority has unconditionally cleared the acquisition of GAB Robins by Crawford and Company after concluding its review of the purchase ahead of schedule.
Apollo-backed bid for Chaucer motor book stalls as Markerstudy revs up interest
Markerstudy is in pole position to tie-up a deal for Chaucer’s UK motor business after a $300m (£203m) bid backed by private equity house Apollo stalled, Post understands.
Jelf buys claims firm Hamilton Bond Group
Jelf has acquired Worcester-based claims consultant Hamilton Bond Group with CEO Alex Alway citing the purchase as a response to challenges imposed on brokers under the Insurance Act.
Cost-cutting and consolidation among insurers predicted for 2015
Scattered reductions in profitability and organic growth over the course of last year will trigger more consolidation and cost-cutting measures among insurers in 2015, industry experts have claimed.
Interview: Steve Bamforth: Come together
A one-company man, Steve Bamforth became CEO of Liverpool-based Griffiths & Armour aged just 38. Now, with a strategy of acquiring teams rather than businesses, he gets a buzz from giving youth a chance
Hastings looking to sell minority stake - report
Hastings Insurance Group is planning to sell a minority stake in its business, according to a Sky News report.
The Carlyle Group to take majority stake in Barbon Insurance
Global alternative asset manager The Carlyle Group has agreed to acquire a majority stake in Barbon Insurance Group.
Crawford & Company gets the CMA greenlight for GAB Robins integration
Crawford & Company this afternoon confirmed the Competition & Markets Authority had lifted the ban preventing its integration with recent acquisition GAB Robins.
Towergate confirms Towergate Financial sale
SME giant Towergate has confirmed the sale of Towergate Financial to Palatine Private Equity, subject to Senior Secured Creditor consent and regulatory approval.
Friends Life grants investment opportunities but selective GI exits considered
The Friends Life deal will “accelerate” Aviva’s turnaround and enhance its ability to deliver improved cashflow and growth according to CEO Mark Wilson.
Europe: Is Lloyd's losing its global influence?
A study published last year revealed Lloyd's was losing its crown as a global hub and failing to capture market growth. So what does the London Market need to do to rectify this?
Quindell raises £7.1m from Nationwide Accident Repair sale
Quindell has sold its stake in Nationwide Accident Repair Services raising £7.1m for the embattled company.
Nationale Suisse sells Belgian travel portfolio to Mapfre
Swiss insurer Nationale Suisse has agreed to sell the travel insurance portfolio of its Belgian subsidiary L'Européenne to Mapfre Asistencia, a subsidiary of Spanish insurer Mapfre, for an undisclosed fee.
Purchase of Gibraltar-based Ultimate boosts Markerstudy GWP by £30m
Markerstudy has been granted approval to complete the acquisition of Gibraltar-based niche personal lines insurer Ultimate Insurance Services and its UK administrative arm Ultimate Pet Partners.
Tangiers Group acquires Maltese aviation insurance specialist
Tangiers Group has acquired Osprey Insurance Brokers, Malta's largest aviation insurance and risk management specialists for an undisclosed amount.
Charles Taylor agrees deal to buy The Strike Club
Charles Taylor has announced that it has entered into an agreement to acquire three of the operating companies of SC Management, the independent, dedicated management companies of The Strike Club.
Chilton encouraged to answer retail question mark with senior hires
Arthur J Gallagher International CEO Grahame Chilton must prioritise replenishing his senior team if he is to thrive at the broker, according to market peers, who have highlighted a lack of UK retail experience as a potential obstacle.