Private equity (PE)
Marshberry reveals the top 20 European insurance brokers
Over a quarter of Europe’s largest 20 brokers are UK domiciled with one of those businesses, Howden the second fastest growing intermediary on the continent, according to the latest European Insurance Distribution market report from Marshberry.
What M&A activity in 2023 indicates for deals in 2024
Data analysis: The number of UK insurance merger and acquisition deals rose from 98 in 2022 to 112 in 2023, but total deal value fell significantly from £5.1bn to £3.3bn year-on-year.
Auxillis owner ‘in talks to buy Kindertons’
According to multiple industry sources, conversations are being held for the potential sale of accident management and mobility company Kindertons to Redde Northgate, the parent company of Auxillis.
Is the Aon–NFP deal a sign of mega broking M&A to come?
Content Director's View: Jonathan Swift reflects on the recent record broking deal between Aon and NFP, and asks whether the $13.4bn (£10.5bn) price tag will be beaten by another acquisition in 2024.
What next for Primary Group in the UK after Policy Expert sale?
Content Director’s View: Jonathan Swift reflects on what the future might hold for the Primary Group in the UK after the sale of Policy Expert left it with only one significant investment in the local market.
Miller secures independent future as PE firm is bought out
Insurance broking firm Miller has announced that its private equity backer, Cinven, has agreed to sell its shares in the firm.
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.
Bain Capital is back after LV deal fallout
Bain Capital Insurance is focused on pursuing middle market transactions in North America and Europe after it announced the final close of its inaugural private equity fund at $1.15bn.
Matter of time before Jensten is up for sale despite denial – sources
Multiple sources have told Post that it is a matter of time before Jensten Group is looking for new investment; although CEO Alistair Hardie insists Livingbridge is "a long-term shareholder".
British Insurance Awads 2022: The Industry Impact Award - Brown & Brown to acquire GRP
After the votes were counted there was a clear winner of the Impact Award; Brown & Brown's proposed acquisition of GRP.
Blog: Private equity is investing in insurance’s bright future
Garry Hamilton, chief growth officer and founder of digital agency Equator, explains the value that private equity investment can bring to insurance sector.
Is it the end of the M&A boom? No says Gallagher's Oli Homer
Mergers and acquisitions activity seems never ending in the brokering sector but as Oli Homer, global head of M&A at Gallagher, explains, as long as you acquire those with a similar mindset and allow businesses to thrive then they can continue apace.
Pen's Tom Downey says MGA sector's secret sauce is its recipe for success
Tom Downey, CEO Pen Underwriting, believes the managing general agents sector is in rude health and discusses what he believes could be its 'secret sauce'.
Start-up Peppercorn to launch this year with a customer-empowering motor solution
Exclusive: Insurtech start-up Peppercorn will launch later this year with a digital motor solution that will challenge the mechanics of traditional incumbents.
GRP's Mike Bruce explains how trade sales with overseas buyers will boost the UK broking sector
Private equity has long reigned supreme in the UK broking market, but now with US broker Brown & Brown making its first acquisition in the UK, Mike Bruce, group CEO at Global Risk Partners, explains how this change in ownership could strengthen local and…
PIB Group's Brendan McManus on how to get deals and acquisitions right
Brendan McManus, CEO at the PIB Group, understands why people can see acquisitive growth as being like a hamster wheel, but explains that through investing in verticals, products, people and technology it can be more like an exhilarating rollercoaster…
GRP set to become US broker Brown & Brown's largest acquisition to date
GRP group CEO Mike Bruce has hailed the opportunities afforded by being free from the ‘mousetrap’ of private equity with the business poised to become the largest acquisition to date by US broking giant Brown & Brown.
Laka CEO Taupitz wants insurtech to become 'global green mobility leader' after $12m Series A raise
Insurtech Laka has closed a Series A fund raise of $12m (£8.9m) led by US mobility investor Autotech Ventures as it seeks to become “the global green mobility leader” diversifying into areas such as e-bikes, e-cargo bikes and potentially electric cars.
Briefing: 10 insurtech start-ups to watch in 2022
For a seventh year running, Post content director Jonathan Swift scans the insurtech space and identifies a host of up-and-coming businesses potentially worth watching over the next 12 months and beyond.
SRG launches MX Underwriting MGA with £100m target for 2022
Specialist Risk Group has unveiled managing general agent MX Underwriting bringing together GB Underwriting, CLS Risk Solutions and Blackrock Insurance Solutions with Lime Insurance.
Ardonagh valued at $7.5bn as Abu Dhabi Investment Authority joins investor roster
The Ardonagh Group has secured investment from the Abu Dhabi Investment Authority and “several other large global institutions”, giving the group a multi-billion dollar valuation.