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 […]

Business

Mergers & Aquisitions News: Markel Buys Remainder of Nephila Holdings

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 & Reinsurance

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

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 […]

Lloyd's/London Market

Lloyds of London News: Lonmar and Ropner To Merge

Leading independent Lloyd’s brokers, Lonmar Global and Ropner Insurance confirm the merger of the two businesses with effect from 31 July 2018. Lonmar and Ropner are both long standing, highly respected Lloyd’s brokers and are […]