Very good question. Lots of Liverpool Victoria policyholders were hoping that fellow mutual Royal London would acquire the business, thus maintaining the traditional mutual with-profits policy model. But that utopian dream seems more unlikely today […]
Specialist loss adjusting firm, QuestGates, has boosted its operations in Ireland with the completion of two acquisitions. Having acquired an equity interest in Dublin-based Rossiter Claims Management Services in 2019, QuestGates has acquired the remainder […]
Today, NN Group (NN) announces it has reached an agreement with Qmulus Invest B.V. and AS Holding B.V. to acquire a 70% stake in insurance broker and service provider Heinenoord, for a total consideration of […]
The Jensten Group (“Jensten”) has acquired Advance Insurance Agencies (“Advance”), a specialist personal and commercial lines broker based in Wiltshire for an undisclosed sum. The acquisition, the second this year, is part of Jensten’s ambitious […]
Global mergers and acquisitions (M&A) activity in 2020 fell to its lowest level since the aftermath of the financial crisis over a decade ago, despite a surge in dealmaking in the final three months, according to […]
Global Risk Partners (GRP) has shrugged off the impact of the Covid-19 pandemic to post a 22% increase in run rate EBITDA of £61m (2019: £50m). In an end of year trading update, Mike Bruce, […]
Growth investor Synova Capital is delighted to announce the buy-out of JM Glendinning Group Limited, a specialist broker operating within the commercial lines insurance market, alongside incumbent CEO, Nick Houghton. As part of the transaction former […]
Barclays has taken a short position on Hastings Direct shares, just after the sale to Rand Merchant and Finnish insurer Sampo was agreed last week. Rand Merchant already owns about 16% of Hastings, one iof […]
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