SME Brokers

People moves

Castle Insurance Services inks deal to acquire Durham-based broker

2023-04-04T11:08:00+01:00By Chantal Kapani

It is the first acquisition Castle has made since becoming part of Global Risk Partners (GRP)

acquisition, education

Gallagher acquires broker to address education sector's ‘evolving risk landscape’

2023-03-15T15:19:00+00:00By Isobel Rafferty

The acquired team specialises in providing cover to the likes of colleges and schools

Sale deal completed

JMG Group secures acquisition of motor trade broker

2023-03-14T08:00:00+00:00By Jon Guy

The group’s chief executive believes the move will ‘open up further opportunities’

tractor farm rural barn

Newly launched agricultural and commercial broker aiming to ‘accelerate’ its growth

2023-03-10T15:55:00+00:00By Yiannis Kotoulas

‘The mantra of the business is proper service and honest broking,’ says director and founder

acquisition (9)

Howden Group seals ‘perfect match’ deal with Reich Insurance purchase

2023-03-03T17:22:00+00:00By Jon Guy

The intermediary’s chief executive notes that Howden Group has become the ‘natural home for insurance industry entrepreneurs’

Troy Stevens, Rhino Trade

Troy Stevens: Rhino Trade Insurance seeks to demystify insurance for tradespeople

2023-03-02T11:59:00+00:00By Isobel Rafferty

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

2023-03-01T17:52:00+00:00By Jon Guy

The acquisition comes as the broker seeks to further invest in its local footprint across the country

handshake, male and female

Schemes broker acquired as Jensten seeks specialty growth

2023-03-01T12:12:00+00:00By Yiannis Kotoulas

’We’re focused on building our schemes capability,’ says managing director

acquisition, yellow, puzzle

Beam Insurance snaps up Redditch-based broker

2023-02-27T12:13:00+00:00By Isobel Rafferty

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

2023-02-27T10:27:00+00:00By Jon Guy

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

target. aggressive, running

BrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA

2023-02-24T07:30:00+00:00By Yiannis Kotoulas

’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance

M&A arrow

GRP purchases commercial broker to cover underserved locations

2023-02-16T11:57:00+00:00By Isobel Rafferty

The business, which will join the firm’s retail division, has served insurance consumers since 1967

US virgin islands

US Virgin Islands-based insurance agency launches in London

2023-02-15T11:45:00+00:00By Jon Guy

The AR arrangement aims to create ‘a truly Caribbean-owned Lloyd’s entity’ that maintains ‘a Caribbean identity’

lee ellis

London market broker looks to future with new c-suite appointment

2023-02-15T09:11:00+00:00By Jon Guy

The internal candidate will be ‘invaluable in delivering our strategic growth plans’, says chief executive

acquisition, handshake

Hamilton Fraser acquires commercial broker in first purchase under GRP

2023-02-14T10:49:00+00:00By Jon Guy

The rental sector and cosmetic practitioner expert will grow the Borehamwood-based firm’s commercial portfolio, says chief executive

Prime Cover SME broker directors

New motor trade broker to launch

2023-02-13T10:33:00+00:00By Yiannis Kotoulas

The Redditch-based firm wants to achieve between £1.2m and £1.5m gross written premium in its first year of operation

Phil Bayles Pic

Ardonagh Advisory aims to create ‘revolution’ in network model with data and tech-enabled tool

2023-02-10T08:47:00+00:00By Katie Scott

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’

The Yorkshire Brokers Martin and Phil

New Castleford-based broker to launch into SME market

2023-01-31T16:22:00+00:00By Yiannis Kotoulas

The recently formed broker will cut the ribbon in early February

heart puzzle

Movo Partnership invests in Woking-based ‘true heartland broker’

2023-01-26T11:25:00+00:00By Isobel Rafferty

The group will work together to grow the acquired firm’s client base, as well as achieve its future ambitions

working from home

Is flexible working right for brokers?

2023-01-19T13:20:00+00:00By Yiannis Kotoulas

Insurance Times speaks to two broker chief executives to hear the arguments for both returning to the office and maintaining continued flexible working

businesses coming together

GRP snaps up South Wales-based broker in latest acquisition

2023-01-12T14:16:00+00:00By Isobel Rafferty

Joining forces with a ‘progressive, dynamic and entrepreneurial’ team made the deal particularly attractive for the group

storage, warehouse, moving, removals

Jensten Group acquires specialist storage broker

2022-12-14T17:14:00+00:00By Yiannis Kotoulas

The two businesses share a business ‘ethos’ that will help them to succeed together, says managing director

financial results

Atec Group boosts revenue income by 28% in year to September 2022

2022-12-13T17:30:00+00:00By Isobel Rafferty

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’

acquisition (29)

Jensten Group buys Kent-based motor trade and fleet broker

2022-12-09T12:53:00+00:00By Katie Scott

The organisation plans on using its new purchase to expand its areas of specialism

growth plants 4

Romero Group ebitda grows 38% for 2022

2022-12-08T11:36:00+00:00By Yiannis Kotoulas

The independent broker also posted turnover growth of 24% for the year

four day work week (2)

Freedom Services Group cuts staff attrition and sickness with four-day working week model

2022-12-07T11:14:00+00:00By Jon Guy

The intermediary business believes its new working model has given the firm a ‘competitive advantage’, says executive director of culture and engagement

umbrella, protection, trust

Insurance Times Awards 2022: Purbeck Insurance Services has been ‘agile’ and ‘innovative’ around new product development

2022-12-06T14:43:00+00:00By Natalie Vincent

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

hand shake suit lady

Consilium appoints COO to bolster leadership team

2022-12-05T13:17:00+00:00By Yiannis Kotoulas

The appointee has joined from rival broking group Tysers

mike bruce march 7

GRP buys Kent-based commercial broker

2022-11-28T11:18:00+00:00By Katie Scott

Broker leader sold up because the ‘firepower that GRP and Brown and Brown can provide for growth oriented businesses is second to none’

savings life buoy

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

customer happy sad

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

customer reviews

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

Nick Houghton

JMG Group buys Wokingham-based commercial broker in 14th deal since 2020

2022-11-24T15:52:00+00:00By Katie Scott

The transaction sees the intermediary business break the £200m gross written premium threshold

opportunities, challenges, question

The Big Question December 2022: What are the challenges and opportunities for insurance firms in 2023?

2022-11-24T12:10:00+00:00By Isobel Rafferty, Katie Scott

With the new year on the horizon, Insurance Times quizzes industry experts on what the insurance sector should watch out for in 2023

handshake man and woman

Consilium appoints head of claims as in-house team created

2022-11-23T12:07:00+00:00By Yiannis Kotoulas

The new hire brings nearly 20 years of experience working for independent brokers to her new role

telematics roa

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

Claims Technology Option 2

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

teamwork, acquisition, partnership

Insurance Times Awards 2022: Sutton Winson has enjoyed ‘a successful year of firsts’

2022-11-21T06:45:00+00:00By Natalie Vincent

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

Insurers love small brokers tree

Insurance Times Awards 2022: ‘Brokers of our shape and size have become increasingly rare’ - Jukes Insurance Brokers

2022-11-21T06:30:00+00:00By Natalie Vincent

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 broker

Insurance Times Awards 2022: Six finalists revealed for the Independent Broker of the Year category

2022-11-21T06:15:00+00:00By Natalie Vincent

Six firms are competing to be named Independent Broker of the Year at this year’s Insurance Times Awards

purple arrows chart

RCIB extends longstanding Open GI partnership after 20% policy sales boost

2022-11-18T14:54:00+00:00By Clare Ruel

The firm’s tech allows the end consumer to make mid-term adjustments via Open GI’s core platform

community support

JM Glendinning launches community risk division

2022-11-17T16:40:00+00:00By Yiannis Kotoulas

The new division will be managed by a newly appointed managing director with multiple years of experience in the niche sector

Luigi McCarron Coates

Insurance Times Awards 2022: McCarron Coates’ marketing campaign is ‘built on great listening and research’

2022-11-15T06:45:00+00:00By Natalie Vincent

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

growth blocks

Insurance Times Awards 2022: Clegg Gifford records ‘185% growth’ in its Lloyd’s division

2022-11-14T07:00:00+00:00By Natalie Vincent

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

Jigsaw two hands

Aston Lark Ireland buys family-run broker

2022-11-11T15:34:00+00:00By Clare Ruel

The acquisition is an ‘excellent fit’ for Aston Lark Ireland says its chief executive

highstreet shops

Insurance Times Awards 2022: Clegg Gifford wants to bring commercial broking ‘back to the high street’

2022-11-10T07:15:00+00:00By Natalie Vincent

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

Improve broking standards

Insurance Times Awards 2022: McCarron Coates shows ‘unswerving commitment to commercial lines clients’

2022-11-10T07:00:00+00:00By Natalie Vincent

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

customer service

Insurance Times Awards 2022: Ascend Broking Group aims to improve client journeys through ‘service culture’

2022-11-10T06:45:00+00:00By Natalie Vincent

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

Business board

Insurance Times Awards 2022: Seven companies are vying to be named Commercial Lines Broker of the Year

2022-11-10T06:15:00+00:00By Natalie Vincent

Seven firms are competing to win the Commercial Lines Broker of the Year prize at the 2022 Insurance Times Awards

M&A Puzzle

Broker AssuredPartners gains ‘renewed confidence’ with PII provider buy

2022-11-09T13:47:00+00:00By Isobel Rafferty

Inking the deal will allow the broker to ‘maintain its DNA’ while expanding the business, says founder

Jigsaw acquisition

JMG Group buys Durham-based broker as it targets further growth

2022-11-07T15:02:00+00:00By Clare Ruel

The move gives the Durham-based broker a strong growth platform, says managing director

Big Question, cost of living navigation

The Big Question November 2022: How can brokers navigate cost of living client conversations amid insurers’ inflation hit rates?

2022-11-02T10:39:00+00:00By Isobel Rafferty

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

business deal, acquisition

Ardonagh Advisory acquires Stallard Kane Group

2022-11-01T12:56:00+00:00By Isobel Rafferty

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?

2022-10-31T10:43:00+00:00By Trevor Hemsley

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

M&A Concept

GRP-owned The County Group buys Llandudno-based commercial broker

2022-10-25T11:54:00+01:00By Isobel Rafferty

The acquired firm specialises in providing insurance for the motor trade and construction sectors

cyber attack (4)

Brokers have ‘key role’ to unlock cyber cover options for SME market

2022-10-24T16:58:00+01:00By Trevor Hemsley

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

investment, lending

Minority Venture Partners pens minority investment in wholesale broker

2022-10-24T15:25:00+01:00By Isobel Rafferty

The partners plan to ‘double the size’ of the broker business as part of the deal, says top boss

staff restructure

Insurance Times Awards 2022: Clegg Gifford’s underwriting ‘rejuvenation’ led to 34% GWP growth in last year

2022-10-19T06:35:00+01:00By Natalie Vincent

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.

puzzle, acquisition

NFP inks acquisition deal with Staffordshire-based broker

2022-10-18T12:17:00+01:00By Isobel Rafferty

The broker’s ‘well-earned trust in the region’ made this an attractive deal, says UK and Ireland managing director

Jigsaw pieces

Broker F R Ball buys family founded broker and reveals merger

2022-10-17T13:01:00+01:00By Clare Ruel

The broker is also recruiting to further develop its commercial team

Paul Coates

Insurance Times Awards 2022: McCarron Coates works to ‘actively address issues, rather than simply advising on them’

2022-10-17T06:50:00+01:00By Katie Scott

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

Troy Stevens

Insurance Times Awards 2022: Rhino Trade Insurance hopes significant growth and ‘engaging persona’ will help it snag industry award

2022-10-17T06:45:00+01:00By Katie Scott

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

high net worth

Insurance Times Awards 2022: Commercial and private clients have ‘complex’ and ‘interwoven’ needs - Broadway Insurance Brokers

2022-10-17T06:40:00+01:00By Natalie Vincent

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

leadership, arrows, specialist

Insurance Times Awards 2022: Four finalists for Specialist National Broker of the Year category named

2022-10-17T06:35:00+01:00By Natalie Vincent

Four specialist brokers are competing for the Specialist National Broker of the Year prize at this year’s Insurance Times Awards

Card insurer CPP

Insurance Times Awards 2022: Broadway Insurance Brokers aims to break down barriers between private client and corporate work

2022-10-14T11:15:00+01:00By Natalie Vincent

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.

award, trophy (2)

Insurance Times Awards 2022: Personal Lines Broker of the Year nominees unveiled

2022-10-14T08:00:00+01:00By Natalie Vincent

Five firms are competing to be named this year’s best personal lines broker at the Insurance Times Awards

fleet truck

McCarron Coates joins van fleet security specialist on new insurance offering

2022-10-13T10:46:00+01:00By Isobel Rafferty

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’

2022-10-12T08:00:00+01:00By Natalie Vincent

Clegg Gifford’s Anthony O’Donnell tells Insurance Times why his firm should win gold in Excellence in Professional Development - New Talent category.

Jigsaw complete

Jensten Group completes Leeds-based independent broker buy

2022-10-11T11:01:00+01:00By Clare Ruel

The pair share core values and culture, says chief executive


M&A in UK broking: Diversification grows in importance amid ‘diminishing supply’ of targets

2022-10-10T10:10:00+01:00By Saxon East

Brokers looking to buy have a roster of new strategies, but are there enough UK M&A targets to satisfy their thirst for growth?

Ireland acquisition puzzle

Aston Lark Ireland buys another Dublin-based broker

2022-10-06T12:53:00+01:00By Clare Ruel

The pair have a shared culture and vision, says chief executive

jigsaw, M&A (2)

Ardonagh Specialty acquires Lloyd’s broker with ‘true alignment on client service’

2022-10-06T12:21:00+01:00By Isobel Rafferty

The group’s 125 staff and its brands will join the broker as part of the deal

businesswoman and man shake hands

Got You Covered snaps up Fresh founder as non-executive director

2022-09-28T11:22:00+01:00By Isobel Rafferty

The appointee will ‘play an extremely pivotal role in helping steer’ the firm’s strategy, says broker chief executive

menopause woman workplace diversity

Telematics broker to tackle impacts of menopause in the workplace

2022-09-27T16:29:00+01:00By Yiannis Kotoulas

Talking about the menopause ‘open’ is essential to breaking the ‘social taboo’, says chief executive

M&A log book

The Clear Group buys Sussex-based legal indemnities broker

2022-09-21T10:47:00+01:00By Isobel Rafferty

The acquired team will be relocating to Clear offices in Horsham as of November

water puzzle

PIB Group expands specialist offerings with new niche broker buy

2022-09-21T10:03:00+01:00By Isobel Rafferty

The purchased firm has a ‘well-earned reputation on the global sailing scene’, says chief executive

Ireland flag jigsaw

​Aston Lark Ireland buys ‘like-minded’ Irish broker

2022-09-07T12:24:00+01:00By Clare Ruel

Aston Lark Ireland is ’keen to continue growing and acquiring like-minded brokers’, says chief executive

commercial motor

Specialist Risk Group completes motor trade broker buy

2022-09-07T10:10:00+01:00By Katie Scott

The intermediary plans to help its new purchase ‘fulfil the next stage of their growth plans’

coin stack

Broadway Insurance Brokers triples GWP to £4.5m in 12 months

2022-08-30T06:45:00+01:00By Clare Ruel

Chief executive says the broker is hoping to make several new senior appointments soon

acqusition selection

Aston Lark snaps up Essex-based broker with ‘identical customer service ethos’

2022-08-24T15:03:00+01:00By Isobel Rafferty

The acquired business has been broking insurance since 1979


Seventeen Group buys Glasgow-based property sector specialist broker

2022-08-24T09:08:00+01:00By Katie Scott

The intermediary organisation plans to ‘build our business in Scotland’, according to chief executive

merger and acquisition, deal, puzzle

PIB Group inks acquisition deal with Irish family-run broker

2022-08-23T13:20:00+01:00By Isobel Rafferty

The transaction is PIB’s seventh retail investment in Ireland to date

cut ribbon scissors hand

H&H Insurance Brokers opens Wrexham office to continue Wales expansion

2022-08-23T12:06:00+01:00By Clare Ruel

The broker has plans for ’further growth and expansion in the future’, says associate director

acquisition, Scottish deal

Seventeen Group gains ‘home in Glasgow’ with new broker buy

2022-08-22T15:26:00+01:00By Isobel Rafferty

The acquisition will provide ‘further opportunities for clients and staff who value continuity and quality advice’, says chief executive

three hands three jigsaw pieces

Jensten Group buys High Wycombe-based broker and its subsidiary

2022-08-16T11:17:00+01:00By Clare Ruel

The purchase represents Jensten’s fourth acquisition in a month

people moves, new hire

Irevolution Group builds out broker businesses with new special projects hire

2022-08-15T14:07:00+01:00By Isobel Rafferty

The appointee brings an ‘abundance of experience’ to the role having held c-suite positions at the likes of Freedom Services Group

talent attraction

Aventum flaunts independent status to attract talent amid consolidation landscape

2022-08-01T11:17:00+01:00By Katie Scott

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

acquisition (28)

GRP marks 100th acquisition with purchase of Ipswich-based firm’s GI book

2022-07-26T12:54:00+01:00By Katie Scott

Intermediary firm celebrates its ‘empowered consolidation model’ with its latest broker buy

Dave Youngs, Peter James Insurance

Peter James Insurance appoints classic vehicle enthusiast as partnerships director

2022-07-22T16:22:00+01:00By Isobel Rafferty

The appointee will be leading the implementation of a new proposition for the firm in his latest role

acquisition art

Newstead Insurance snaps up Birmingham-based broker

2022-07-22T11:19:00+01:00By Isobel Rafferty

The firm is a ‘perfect fit’ for Newstead as it builds its market presence in the Birmingham area

acquisition line puzzle pieces

GRP enhances retail division with bespoke broker buy

2022-07-20T12:10:00+01:00By Isobel Rafferty

The deal is GRP’s first since welcoming Florida-based Brown and Brown as its new parent company

buy and build

Jensten Group grows Yorkshire presence with new broker buy

2022-07-19T10:46:00+01:00By Isobel Rafferty

The deal is the latest step in the group’s ‘buy and build’ strategy

Lloyd's evening view

Davies completes Lloyd’s Asta buy

2022-07-18T15:29:00+01:00By Clare Ruel

The pair’s shared culture of innovation and growth are ‘closely matched’, says chief executive


PIB Group buys Spanish commercial lines broker

2022-07-14T11:59:00+01:00By Katie Scott

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’

new hire

Bishopsgate aspires for ‘leader’ status with new head of claims hire

2022-07-07T13:19:00+01:00By Isobel Rafferty

The appointee brings over 30 years of insurance industry knowledge to the team

acquisition, people move

Ardonagh’s Geo Underwriting buys loss recovery MGA

2022-07-05T15:00:00+01:00By Isobel Rafferty

Broker-backed MGA is ’excited to support’ the growth of its newly purchased firm amid plans to extend ’product distribution even more widely’