Jensten, the London-based independent insurance broking group, has acquired Scrutton Bland Insurance Brokers for an undisclosed amount. The deal brings a team of more than 50 across two additional offices and GWP of £22 million to Jensten. Based in Ipswich, …
Miller, the London-based independent specialist re/insurance broker, announced that GIC, a global institutional investor, and Cinven, the international private equity firm, have reached an agreement for GIC to acquire Cinven’s shares in Miller. GIC and Cinven acquired Miller in 2021. …
Specialist Risk Group (SRG) has agreed to acquire the London-based broker CBC Partnership (CBC), subject to the necessary regulatory approvals. Financial details of the transaction were not disclosed. CBC will become SRG’s 19th acquisition, and its 6th in 2023. Under …
The Ardonagh Group is considering refinancing its entire debt stack to help finance more acquisitions, in a deal that would rank among the largest ever for private credit. The UK insurance broker is in talks with lenders about refinancing its …
The Clear Group, the London-based independent broker, announced it has acquired the entire general insurance book of regional broker P W White & Partners Ltd. Financial details of the deal were not disclosed. The transaction does not include the financial …
The US Department of Justice has slapped criminal penalties on UK reinsurance brokers Tysers Insurance Brokers Ltd. and H.W. Wood Ltd. as a result of their participation “in a corrupt scheme to pay bribes to Ecuadorian government officials,” the DOJ …
Howden, the London-based global insurance group, announced the acquisition of Haakon AG, the specialist reinsurance broker, headquartered in Switzerland. Financial details of the transaction were not disclosed. Haakon, formerly part of the Baloise Group, has offices in Basel and Kuala …
A former Allstate insurance agent in North Carolina has agreed to stop selling competing products to her former clients and to return confidential client information to Allstate. A federal judge finalized an agreement between longtime agent Janie Robbins, of Tarboro, …
Thompson Insurance Group, a Rhode Island firm that includes insurance, real estate and investment companies, has made a move – a physical move to a new corporate headquarters. The group said in a news release that it had opened a …
Verlingue has launched Verlingue London Markets following the rebranding of specialist Lloyd’s and London market wholesale broker NBJ London Markets. The business also has made a number of senior hires to expand its access to markets and expertise for its …
