As we enter the second week of December, Mike Edgeley, group chief executive at intermediary The Clear Group, applauds the role of UKGI and hopes the regulator has plans for a quieter new year
Insurance Times rounds up the biggest M&A news stories from 4 November to 8 November
’With Clear Group’s support, we are well positioned to grow even faster,’ says managing director
Insurance Times rounds up the biggest M&A news stories from 28 October to 1 November
’Building a strong regional broking presence remains a key part of our long-term strategy and this latest acquisition reinforces that commitment,’ says chief executive
The deal will add £150m of GWP to its wholesale proposition
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
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.
Editor Katie Scott digs into the differences between these two descriptors and explores which best defines insurance
We asked: With rapid technological evolution, how can firms prevent their software platforms from becoming legacy tech in the medium-term while keeping pace with advancements?
’This will be by far the biggest year we’ve ever had and I’d expect that to accelerate,’ says executive chairman
The broker intends to keep its ‘very people orientated’ DNA, but will continue work on ‘rationalising our IT’ and delivering ‘growth ambitions’, says group chief executive
However, the intermediary’s group chief executive reveals he ‘will be keeping a weather eye’ on M&A opportunities around MGAs and Ireland-based businesses too
Generalist brokers must specialise to effectively advise clients, recommends broker managing director