Agents & Brokers News

France’s Verlingue Buys Broker Cabinet Depeyre and MGA Depeyre Solutions

French broker Verlingue, a subsidiary of Adelaïde Group and specialist in corporate protection, is continuing its external growth strategy with two new acquisitions that will consolidate its presence in the Grand Est region of France. Financial details of the deal …

Ardonagh Specialty Joins Global Broking Network, Brokerslink

Brokerslink has added Ardonagh Specialty to its international network. Three businesses within Ardonagh Specialty – Ed Broking, Ed Bermuda and Piiq Risk Partners – are existing Brokerslink partners, and remain in the network. The new move brings in the entire …

Specialist Risk Group to Acquire UK’s Fleet and Commercial

Specialist Risk Group (SRG), the London-headquartered broker, announced the acquisition of Fleet and Commercial, subject to regulatory approval. The deal enhances SRG’s existing commercial motor capability and is a continuation of its growth strategy. Financial details of the deal were …

Howden Buys Spanish Broker March Risk Solutions, Forms Alliance With Banca March

Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent company and one of the region’s pre-eminent investment banks. …

Howden Acquires Italian TV and Film Broker Assimovie

Howden, the international insurance broker, announced it has agreed to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. The transaction underlines Howden’s continued commitment to invest in expertise by creating a Sport and Entertainment specialty for …

Arthur J. Gallagher & Co. Acquires Aviation Insurance Australia

Arthur J. Gallagher & Co., the global insurance broker, announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia. Terms of the transaction were not disclosed. Founded in 1993, Aviation Insurance Australia is a specialist retail insurance broker serving aviation and …

Jensten Group Acquires UK Specialist Broker Basil Fry & Co.

The Jensten Group, the London-based independent insurance broking group, has acquired specialist commercial broker Basil Fry & Co. for an undisclosed amount. The latest deal, which is subject to regulatory approval, will bring an additional £25 million of gross written …

Aston Lark Buys Commercial Direct Marine Trade Book From Navigators & General

Aston Lark, a Howden company, announced the acquisition of the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, to expand its range of insurance products for the marine community. The acquisition of the commercial …

Indian Tycoon Birla Weighs Selling Insurance Brokerage Unit: Sources

Aditya Birla Capital Ltd., controlled by billionaire Kumar Mangalam Birla, is considering selling its insurance brokerage unit as the group seeks to restructure its financial services business, people familiar with the matter said. The publicly traded company has held talks …

Jensten Acquires Specialist Motor Trade Broker Bellegrove

The Jensten Group, the London-based independent insurance broking group, has acquired specialist broker Bellegrove, providing the group with a significant presence across the UK motor trade and fleet insurance market. The deal, which is subject to regulatory approval, brings £15 …