This week’s biggest M&A and people moves stories

M&A

Starting off the week, Specialist Risk Group (SRG) announced an agreement to acquire managing general agent (MGA) Trilogy Underwriting.

It will sit alongside SRG’s underwriting pillar MX as part of the deal.

• SRG acquires specialist MGA

Then, insurance business investment firm Caledon Group (CGL) said it had acquired travel and wedding specialist Voyager Insurance Services.

Voyager was founded in Guildford in 1996 as a wholesale and retail insurance broker and has a team of 25 people.

• Caledon Group acquires specialist broker

And finally, broker Clear Group acquired the book and assets of Maynard Milton Insurance Services LLP.

Based in Essex, Maynard Milton is a broker that specialises in fleet and property insurance and controls £4.9m in gross written premiums (GWP).

• Clear Group expands regional presence with acquisition

People moves

Starting off the week, WTW appointed Lucy Clarke as its new president of risk and broking.

Based in London, Clarke will be responsible for the daily financial and operational management and growth of the business.

• WTW makes new senior broking appointment

Then, (re)insurance firm Aspen promoted Tony Bishop to the role of chief data and analytics officer.

In his new position, Bishop will take responsibility for overseeing the data and analytics strategy, as well as the firm’s recently launched data labs.

• Aspen appoints new chief data and analytics officer

And finally, independent specialist broker BMS Group promoted Hannah Watkins to the newly created role of UK chief growth officer.

The appointee’s responsibilities will include leading the development and execution of BMS’ growth plan, alongside working with carriers to consolidate its market presence.

• Specialist broker appoints new UK chief growth officer