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Briefing: Consolidation shrinks UK broker volume – but paves way for new talent and insurtech entries
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Ardonagh Advisory CCO to lead broker network as interim MD
The moves come ahead of Ardonagh Advisory rebranding to Everywhen
Ardonagh posts 24% increase in income for 2024
Last year ’was a coming of age for Ardonagh,’ says group chief executive
Donaldson’s new Ardonagh role revealed as broker launches global data and technology arm
The new unit will make the most of robotics, machine learning and data enrichment
Ardonagh ‘close to securing up to $2.5bn from investors’
The proceeds would reportedly be used to fund growth opportunities
Ardonagh Advisory acquires Blackpool-based broker
The firm ’will play a key role in strengthening our presence in Lancashire and driving future growth’, says northern managing director
MGA partners with Ardonagh Advisory on non-standard products
The MGA will serve as a ’preferred non-standard household partner’ for Ardonagh Advisory’s network of brokers
Why 2024 was a transformational year for UK M&A
The insurer and broker sectors both recorded standout acquisition volume and values last year – however, industry experts do not see the same trends for 2025, with January providing the lowest monthly M&A completion figure since 2017
Acquisitive brokers facing M&A supply shortages
As the supply of sizeable UK commercial brokerages is dramatically shrinking, acquisitors are being forced to seek targets overseas, or look at MGAs and wholesale brokers.
Broker networks ramp up distribution focus
’The ability to gain distribution benefits is a major driver for brokers joining networks,’ says director of policy and public affairs
Rachel Longbottom: Industry must ‘get better at spotting potential’ differently to retain diverse talent
Head of service performance and innovation says the insurance sector must be ‘more vocal’ about its diversity projects, however the nuances of hybrid working still need to ‘iron themselves out’
Rachel Longbottom: Industry must ‘get better at spotting potential’ differently to retain diverse talent
Head of service performance and innovation says the insurance sector must be ‘more vocal’ about its diversity projects, however the nuances of hybrid working still need to ‘iron themselves out’
Scott Bennett: Broker network growing despite challenge of M&A activity
Managing director says The Ardonagh Group-owned network business has to ‘pedal hard to stand still’ in terms of maintaining member numbers amid broker consolidation landscape
Phil Bayles: Ardonagh Advisory to use ‘regular drumbeat’ of M&A to add ‘more strings to our bow’
Chief commercial officer reveals that the intermediary organisation is aiming to complete 12 acquisitions in 2023, with plenty of transactions closing in Q1 and Q2
Jaime Swindle: Effective trading versus efficiency will be a broker focus this year
As broking networks help their members combat the current climate’s challenges, the Covid-19 pandemic admittedly hasn’t been all bad, resulting in ‘a more forward-thinking industry’ says networks MD
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