Insurance Times rounds up the biggest mergers, acquisitions, sales and capacity deals from 12 to 16 August 2024
Starting off the week, Howden expanded its position in the UK health market with the acquisition of Help Me Compare Group (HMCGL) and its subsidiaries.
Health broker HMCGL employs 132 people at its Cardiff Bay head office and manages premiums totalling approximately £60m.
Then, broker Partners& announed it had acquired Bickley Chartered Loss Adjusters as part of its expansion plans.
Sevenoaks-based Bickley is a boutique firm that provides adjusting services and disciplines across both domestic and commercial markets.
Its team of 22 includes loss adjusters, technicians and support staff.
The broker also announced that it had secured a £20m debt facility with Santander UK to boost its organic and acquisitive growth.
Since it was founded in April 2020, Partners& has operated exclusively with equity capital from its long-term partner Capital Z.
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
No comments yet