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SME Brokers
Castle Insurance Services inks deal to acquire Durham-based broker
It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)
Gallagher acquires broker to address education sector's ‘evolving risk landscape’
The acquired team specialises in providing cover to the likes of colleges and schools
JMG Group secures acquisition of motor trade broker
The group’s chief executive believes the move will ‘open up further opportunities’
Newly launched agricultural and commercial broker aiming to ‘accelerate’ its growth
‘The mantra of the business is proper service and honest broking,’ says director and founder
Howden Group seals ‘perfect match’ deal with Reich Insurance purchase
The intermediary’s chief executive notes that Howden Group has become the ‘natural home for insurance industry entrepreneurs’
Troy Stevens: Rhino Trade Insurance seeks to demystify insurance for tradespeople
The specialist broker wishes to hit ’a sweet spot’ for supporting tradespeople rather than simply being a ‘jack of all trades’, says chief executive
Yorkshire acquisition builds The Clear Group’s regional aspirations
The acquisition comes as the broker seeks to further invest in its local footprint across the country
Schemes broker acquired as Jensten seeks specialty growth
’We’re focused on building our schemes capability,’ says managing director
Beam Insurance snaps up Redditch-based broker
The business hopes to form a hub for local insurance brokers through this and further acquisitions
BrokerFest 2023: System launch can unlock small and medium broker access – Phil Bayles
Chief commercial officer reveals that tool launch will help insurers ‘find the needle in the haystack’ of regional brokers to more effectively find business that matches their risk appetite
BrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA
’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
GRP purchases commercial broker to cover underserved locations
The business, which will join the firm’s retail division, has served insurance consumers since 1967
US Virgin Islands-based insurance agency launches in London
The AR arrangement aims to create ‘a truly Caribbean-owned Lloyd’s entity’ that maintains ‘a Caribbean identity’
London market broker looks to future with new c-suite appointment
The internal candidate will be ‘invaluable in delivering our strategic growth plans’, says chief executive
Hamilton Fraser acquires commercial broker in first purchase under GRP
The rental sector and cosmetic practitioner expert will grow the Borehamwood-based firm’s commercial portfolio, says chief executive
New motor trade broker to launch
The Redditch-based firm wants to achieve between £1.2m and £1.5m gross written premium in its first year of operation
Ardonagh Advisory aims to create ‘revolution’ in network model with data and tech-enabled tool
The firm wants to ‘level the playing field’ for small and medium-sized brokers by providing greater access to different insurance markets and ‘getting service out of insurers’
New Castleford-based broker to launch into SME market
The recently formed broker will cut the ribbon in early February
Movo Partnership invests in Woking-based ‘true heartland broker’
The group will work together to grow the acquired firm’s client base, as well as achieve its future ambitions
Is flexible working right for brokers?
Insurance Times speaks to two broker chief executives to hear the arguments for both returning to the office and maintaining continued flexible working
GRP snaps up South Wales-based broker in latest acquisition
Joining forces with a ‘progressive, dynamic and entrepreneurial’ team made the deal particularly attractive for the group
Jensten Group acquires specialist storage broker
The two businesses share a business ‘ethos’ that will help them to succeed together, says managing director
Atec Group boosts revenue income by 28% in year to September 2022
The firm’s chief executive said that ‘this upward trend is set to continue, with solid plans in place to more than double the business again through organic growth over the next five years’
Jensten Group buys Kent-based motor trade and fleet broker
The organisation plans on using its new purchase to expand its areas of specialism
Romero Group ebitda grows 38% for 2022
The independent broker also posted turnover growth of 24% for the year
Freedom Services Group cuts staff attrition and sickness with four-day working week model
The intermediary business believes its new working model has given the firm a ‘competitive advantage’, says executive director of culture and engagement
Insurance Times Awards 2022: Purbeck Insurance Services has been ‘agile’ and ‘innovative’ around new product development
Todd Davison, managing director of Purbeck Insurance Services, highlights why his firm should win the MGA Initiative of the Year prize at the 2022 Insurance Times Awards
Consilium appoints COO to bolster leadership team
The appointee has joined from rival broking group Tysers
GRP buys Kent-based commercial broker
Broker leader sold up because the ‘firepower that GRP and Brown and Brown can provide for growth oriented businesses is second to none’
Insurance Times Awards 2022: Clegg Gifford believes it ‘saved small independent businesses from going under’
Kelly Lane, operations director at broker Clegg Gifford, explains why her firm should win the Customer Champion of theYear - Broker category at the 2022 Insurance Times Awards
Insurance Times Awards 2022: Ascend Broking Group has ‘a customer-centric focus’
Alex Patten, claims executive at Ascend Broking Group, reveals why the firm should win the Customer Champion of theYear - Broker category at the 2022 Insurance Times Awards
Insurance Times Awards 2022: Six businesses shortlisted in the Customer Champion of the Year - Broker category
Six firms are competing to win the Customer Champion of the Year - Broker prize at this year’s Insurance Times Awards
JMG Group buys Wokingham-based commercial broker in 14th deal since 2020
The transaction sees the intermediary business break the £200m gross written premium threshold
The Big Question December 2022: What are the challenges and opportunities for insurance firms in 2023?
With the new year on the horizon, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2023
Consilium appoints head of claims as in-house team created
The new hire brings nearly 20 years of experience working for independent brokers to her new role
Insurance Times Awards 2022: Clegg Gifford designed software to cater ‘for all elements of motor claims’
Jon Banfield, head of claims at Clegg Gifford, discusses why the broker should win the Excellence in Technology - Motor Claims category at the 2022 Insurance Times Awards
Insurance Times Awards 2022: AutoProtect Group reduces claim submission to repair booking time frame to five minutes
Michael McVeigh, chief operating officer at AutoProtect Group, reveals why his firm should win the Excellence in Technology - Motor Claims category at the 2022 Insurance Times Awards
Insurance Times Awards 2022: Sutton Winson has enjoyed ‘a successful year of firsts’
David Thomson, managing director of Sutton Winson, explains why his business should win the Independent Broker of the Year category at the Insurance Times Awards 2022
Insurance Times Awards 2022: ‘Brokers of our shape and size have become increasingly rare’ - Jukes Insurance Brokers
James Godsall, managing director of Jukes Insurance Brokers, tells Insurance Times why his firm deserves to win the Independent Broker of the Year prize at the Insurance Times Awards 2022
Insurance Times Awards 2022: Six finalists revealed for the Independent Broker of the Year category
Six firms are competing to be named Independent Broker of the Year at this year’s Insurance Times Awards
RCIB extends longstanding Open GI partnership after 20% policy sales boost
The firm’s tech allows the end consumer to make mid-term adjustments via Open GI’s core platform
JM Glendinning launches community risk division
The new division will be managed by a newly appointed managing director with multiple years of experience in the niche sector
Insurance Times Awards 2022: McCarron Coates’ marketing campaign is ‘built on great listening and research’
Luigi Maggio, director at McCarron Coates, highlights why he believes the broker should win the Marketing Campaign of the Year - B2B category at the 2022 Insurance Times Awards
Insurance Times Awards 2022: Clegg Gifford records ‘185% growth’ in its Lloyd’s division
Joe Barnard, head of Clegg Gifford’s Lloyd’s and London market division, explains why the broker should take home the Challenger of the Year prize from the 2022 Insurance Times Awards
Aston Lark Ireland buys family-run broker
The acquisition is an ‘excellent fit’ for Aston Lark Ireland says its chief executive
Insurance Times Awards 2022: Clegg Gifford wants to bring commercial broking ‘back to the high street’
Toby Clegg, chief executive of Clegg Gifford, outlines why he believes his company should win the Commercial Lines Broker of the Year trophy at this year’s Insurance Times Awards
Insurance Times Awards 2022: McCarron Coates shows ‘unswerving commitment to commercial lines clients’
Ian McCarron, director at McCarron Coates, tells Insurance Times why he thinks his firm should win the Commercial Lines Broker of the Year accolade at the 2022 Insurance Times Awards
Insurance Times Awards 2022: Ascend Broking Group aims to improve client journeys through ‘service culture’
Matthew Collins, managing director of Ascend Broking Group, highlights why his broker deserves to win the Commercial Lines Broker of the Year category at the 2022 Insurance Times Awards
Insurance Times Awards 2022: Seven companies are vying to be named Commercial Lines Broker of the Year
Seven firms are competing to win the Commercial Lines Broker of the Year prize at the 2022 Insurance Times Awards
Broker AssuredPartners gains ‘renewed confidence’ with PII provider buy
Inking the deal will allow the broker to ‘maintain its DNA’ while expanding the business, says founder
JMG Group buys Durham-based broker as it targets further growth
The move gives the Durham-based broker a strong growth platform, says managing director
The Big Question November 2022: How can brokers navigate cost of living client conversations amid insurers’ inflation hit rates?
Insurers are having to increase rates as a result of inflation, but end customers may struggle to pay these prices due to the cost of living crisis. Insurance Times asks industry leaders how brokers can navigate these conversations
Ardonagh Advisory acquires Stallard Kane Group
The buy will help the group’s subsidiary better meet changing consumer needs with ‘high-quality risk advice’
Are UK brokers using data analysis as the ‘main driver’ for personal lines cross-selling?
The cost of living crisis could be a catalyst to spur brokers to tap into data and cross-selling opportunities as end clients carefully consider their finances and insurance providers
GRP-owned The County Group buys Llandudno-based commercial broker
The acquired firm specialises in providing insurance for the motor trade and construction sectors
Brokers have ‘key role’ to unlock cyber cover options for SME market
Generalist, High Street and regional brokers must not ‘shy away’ from client conversations around cyber cover if penetration of this type of insurance is to improve
Minority Venture Partners pens minority investment in wholesale broker
The partners plan to ‘double the size’ of the broker business as part of the deal, says top boss
Insurance Times Awards 2022: Clegg Gifford’s underwriting ‘rejuvenation’ led to 34% GWP growth in last year
Clegg Gifford outlines why it deserves to take home the top prize in the Excellence in Underwriting category at this year’s Insurance Times Awards.
NFP inks acquisition deal with Staffordshire-based broker
The broker’s ‘well-earned trust in the region’ made this an attractive deal, says UK and Ireland managing director
Broker F R Ball buys family founded broker and reveals merger
The broker is also recruiting to further develop its commercial team
Insurance Times Awards 2022: McCarron Coates works to ‘actively address issues, rather than simply advising on them’
Paul Coates, director at McCarron Coates, tells Insurance Times why his broking business should win the Specialist National Broker category at 2022’s Insurance Times Awards
Insurance Times Awards 2022: Rhino Trade Insurance hopes significant growth and ‘engaging persona’ will help it snag industry award
Troy Stevens, chief executive of Rhino Trade Insurance, explains why he believes his firm could take the Specialist National Broker of the Year prize home from this year’s Insurance Times Awards
Insurance Times Awards 2022: Commercial and private clients have ‘complex’ and ‘interwoven’ needs - Broadway Insurance Brokers
Daniel Lloyd-John, chief executive of Broadway Insurance Brokers, tells Insurance Times why his firm should be named Specialist National Broker of the Year at 2022’s Insurance Times Awards
Insurance Times Awards 2022: Four finalists for Specialist National Broker of the Year category named
Four specialist brokers are competing for the Specialist National Broker of the Year prize at this year’s Insurance Times Awards
Insurance Times Awards 2022: Broadway Insurance Brokers aims to break down barriers between private client and corporate work
Daniel Lloyd-John, chief executive of Broadway Insurance Brokers, tells Insurance Times why his firm deserves to be named Personal Lines Broker of the Year.
Insurance Times Awards 2022: Personal Lines Broker of the Year nominees unveiled
Five firms are competing to be named this year’s best personal lines broker at the Insurance Times Awards
McCarron Coates joins van fleet security specialist on new insurance offering
The broker’s founding director believes the team’s offering will have a ‘tangible positive impact on risk’
Insurance Times Awards 2022: Clegg Gifford’s ‘apprentices represent the very best young talent in the industry’
Clegg Gifford’s Anthony O’Donnell tells Insurance Times why his firm should win gold in Excellence in Professional Development - New Talent category.
Jensten Group completes Leeds-based independent broker buy
The pair share core values and culture, says chief executive
M&A in UK broking: Diversification grows in importance amid ‘diminishing supply’ of targets
Brokers looking to buy have a roster of new strategies, but are there enough UK M&A targets to satisfy their thirst for growth?
Aston Lark Ireland buys another Dublin-based broker
The pair have a shared culture and vision, says chief executive
Ardonagh Specialty acquires Lloyd’s broker with ‘true alignment on client service’
The group’s 125 staff and its brands will join the broker as part of the deal
Got You Covered snaps up Fresh founder as non-executive director
The appointee will ‘play an extremely pivotal role in helping steer’ the firm’s strategy, says broker chief executive
Telematics broker to tackle impacts of menopause in the workplace
Talking about the menopause ‘open’ is essential to breaking the ‘social taboo’, says chief executive
The Clear Group buys Sussex-based legal indemnities broker
The acquired team will be relocating to Clear offices in Horsham as of November
PIB Group expands specialist offerings with new niche broker buy
The purchased firm has a ‘well-earned reputation on the global sailing scene’, says chief executive
Aston Lark Ireland buys ‘like-minded’ Irish broker
Aston Lark Ireland is ’keen to continue growing and acquiring like-minded brokers’, says chief executive
Specialist Risk Group completes motor trade broker buy
The intermediary plans to help its new purchase ‘fulfil the next stage of their growth plans’
Broadway Insurance Brokers triples GWP to £4.5m in 12 months
Chief executive says the broker is hoping to make several new senior appointments soon
Aston Lark snaps up Essex-based broker with ‘identical customer service ethos’
The acquired business has been broking insurance since 1979
Seventeen Group buys Glasgow-based property sector specialist broker
The intermediary organisation plans to ‘build our business in Scotland’, according to chief executive
PIB Group inks acquisition deal with Irish family-run broker
The transaction is PIB’s seventh retail investment in Ireland to date
H&H Insurance Brokers opens Wrexham office to continue Wales expansion
The broker has plans for ’further growth and expansion in the future’, says associate director
Seventeen Group gains ‘home in Glasgow’ with new broker buy
The acquisition will provide ‘further opportunities for clients and staff who value continuity and quality advice’, says chief executive
Jensten Group buys High Wycombe-based broker and its subsidiary
The purchase represents Jensten’s fourth acquisition in a month
Irevolution Group builds out broker businesses with new special projects hire
The appointee brings an ‘abundance of experience’ to the role having held c-suite positions at the likes of Freedom Services Group
Aventum flaunts independent status to attract talent amid consolidation landscape
Wholesale broker and parent firm attribute ‘phenomenal growth’ to attracting the right talent and building ‘a really good culture’ based on steering clear of consolidation
GRP marks 100th acquisition with purchase of Ipswich-based firm’s GI book
Intermediary firm celebrates its ‘empowered consolidation model’ with its latest broker buy
Peter James Insurance appoints classic vehicle enthusiast as partnerships director
The appointee will be leading the implementation of a new proposition for the firm in his latest role
Newstead Insurance snaps up Birmingham-based broker
The firm is a ‘perfect fit’ for Newstead as it builds its market presence in the Birmingham area
GRP enhances retail division with bespoke broker buy
The deal is GRP’s first since welcoming Florida-based Brown and Brown as its new parent company
Jensten Group grows Yorkshire presence with new broker buy
The deal is the latest step in the group’s ‘buy and build’ strategy
Davies completes Lloyd’s Asta buy
The pair’s shared culture of innovation and growth are ‘closely matched’, says chief executive
PIB Group buys Spanish commercial lines broker
The deal marks the broker’s fourth purchase in Spain, reflecting its ‘ultimate goal of becoming one of the most important insurance brokers in the market’
Bishopsgate aspires for ‘leader’ status with new head of claims hire
The appointee brings over 30 years of insurance industry knowledge to the team
Ardonagh’s Geo Underwriting buys loss recovery MGA
Broker-backed MGA is ’excited to support’ the growth of its newly purchased firm amid plans to extend ’product distribution even more widely’