deals

Flood Insurance

Escape of Water Claims: Geo Partners With inet3 on Waterlock Project

16 October 2018 alastair walker 0

Following the launch of Waterlock, the connected ”escape of water” prevention system, at the BIBA Conference in May, the product’s developer, geo has announced a formal strategic partnership with inet3, the property underwriting agency and specialist in property insurance. Sending a […]

Business

Mergers & Aquisitions News: Markel Buys Remainder of Nephila Holdings

4 September 2018 alastair walker 0

Markel Corporation and Nephila Holdings Limited announced recently that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila. Nephila is the pre-eminent insurance-linked securities manager in the […]

Insurance Brokers

Broker News: Equipsme Partners Up with JM Glendinning

29 August 2018 alastair walker 0

SME health benefits provider, Equipsme, has appointed JM Glendinning Insurance Brokers as its broker distribution partner in Yorkshire. Headquartered in Leeds, JM Glendinning also has offices in Newcastle, Scarborough, York, Sheffield and Birmingham. Equipsme Distribution Director, […]

Insurance & Reinsurance

Mergers & Acquisitions Drop in EU, But Accelerate Across Rest of World

3 August 2018 alastair walker 0

Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance […]

Insurance Brokers

SSP Partners With Pukka Insurance on Commercial Vehicle Cover

2 August 2018 alastair walker 0

SSP has partnered with Gibraltar-based MGA Pukka Insure, to provide brokers with access to its commercial vehicle offering. Designed for commercial vehicles based in the UK (excluding Northern Ireland) the product offers comprehensive cover for […]

Travel Insurance

tifgroup Deal With Mail Online Targets Pre-Existing Med Conditions Market

29 July 2018 alastair walker 0

tifgroup, one of the UK’s largest travel insurers, have been appointed by Mail Finance, Mail Newspapers’ financial services e-commerce platform as their travel insurance partner, on a multi-year deal. tifgroup will be providing the full […]

Business

GRP Buying Spree Continues With Guardian Insurance Deal Agreed

24 July 2018 alastair walker 0

The County Group [County], part of GRP, has acquired a majority stake in Guardian Insurance Brokers [Guardian].  The deal has received regulatory approval and the consideration is undisclosed. This is the first deal that County, […]

Business

Liberty Specialty Partnership With Ironshore Mutual

10 July 2018 alastair walker 0

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has entered into a renewal rights agreement with Ironshore Europe to take on its European non-M&A business and staff. Liberty Specialty Markets and Ironshore are parts of Liberty […]