Insurance Brokers

Broker Update: Seventeen Group Buys Plymouth Based WPS

Seventeen Group has acquired Plymouth based Walker Persson & Spargo Ltd effective from 28th June 2019 for an undisclosed sum. WPS was established in 1968 and are a leading independent broker in the South West. […]

Insurance Brokers

Broker News: County Group Buys Stoke Based Eric Rawlins Ltd

The County Group (County), part of Global Risk Partners (GRP), has completed the acquisition of Eric Rawlins & Company Limited (Rawlins), an insurance broker with over 70 years trading in the Stoke on Trent area. Rawlins is […]

News

M&A News: Allianz Buys L&G GI Book, Plus Remaining LV Stake for £820 Million

Britain’s Legal & General Group will sell its general insurance business to a UK subsidiary of Germany’s Allianz for £242m, reports Reuters. Legal & General will use the funds to reinvest in its core businesses, […]

Insurance Brokers

Broker News: Higos Buys Plymouth Based The Insurance Group

Higos, the GRP-owned hub broker, has acquired The Insurance Group (TIG), based in Plymouth, to expand its reach in the South West. It is the fifth acquisition for Higos since becoming part of GRP in […]

Insurance Brokers

Broker News: Arch Completes on Obelisk Underwriting Deal

Arch Insurance (UK) Limited (“Arch”), part of Arch Insurance International, has completed the acquisition of Obelisk Underwriting, a specialist underwriting agency. The acquired business, which generated approximately £5 million of gross written premium in 2018, […]

News

Insurance Business: Arch Completes on Axiom Underwriting Acquisition

Arch Insurance (UK) Limited, part of Arch Insurance International, has completed the acquisition of Axiom Underwriting, having initially purchased a 60% share in the business in 2015. The acquired business, which generated approximately £20 million […]

Insurance Brokers

Insurance Broker News: ICYMI Round Up for Monday

TOWERGATE SPONSORS AWARDS IN WALES Towergate has been announced as sponsor of the Small Finance Team Award which celebrates outstanding achievement in a team, with the awards shindig taking place on April 5th at Cardiff City […]

Business

M&A News: Trak Global Acquire Intelligent Systems

Trak Global Group (TGG) is to acquire Intelligent Mechatronic Systems Inc (IMS), based near Toronto in Canada and operating globally, for an undisclosed fee. The deal will give Trak Global Group – which already provides […]