Zurich has been granted more time to make its formal £8bn bid for Beazley with the deadline pushed back to 5pm on 4 March. The original deadline was 5pm on 16 February and the extension has been Read More
February 16, 2026
Tags :Mergers & acquisitions (M&A)
Admiral Group has reached an agreement to acquire Flock, the data-driven fleet insurance specialist. The transaction values the equity in Flock at £80m and is subject to regulatory approval. Launched in 2016 and initially focused on Read More
Insurance brokers have given a mixed response to the potential Zurich/Beazley deal highlighting the acquisition would create a “strong proposition” and could create opportunities but noted another competitor leaving the market as a medium-term Read More
AIG has completed the acquisitions of strategic minority ownership stakes in specialty insurer and reinsurer Convex Group and global asset manager Onex Corporation. Following regulatory approvals AIG now owns an approximately 35% equity interest in Convex (Read More
Zurich and Beazley have reached an agreement in principle for a deal worth potentially £8bn, clearing the way for a formal bid. Under the terms of the proposal, Beazley shareholders would be entitled to receive Read More
Shares in listed Lloyd’s insurer Beazley hit 1,173 pence yesterday [2 February] after prospective suitor Zurich revealed it had acquired a 1.47% stake in the business as of 30 January. In a Public Opening Position Disclosure By A Read More
Joe Hantson, deputy CEO at Direct Commercial Limited, notes the amount of senior underwriting talent moving from traditional carriers into MGA models over the last 12 months and expects more consolidation among MGAs and insurtechs in 2026. Read More
Nick Hobbs, chief distribution officer at Allianz UK, prays for a more balanced approach to regulation that enables and encourages great conduct and customer outcomes; congratulates Ken Norgrove for the Intact rebrand; and looks to Read More
Specialist personal lines MGA Uris Group has acquired Lutine Assurance Services from Ardonagh Group as it looks to diversify its offering for brokers. Protection specialist Lutine provides group life (death in service) solutions to SMEs Read More
Brown & Brown-owned managing general agent Nexus Underwriting has bought Sure Insurance Services, a provider of specialist solutions for the medical tourism industry. Sure was founded in 2003 by Alison Thornberry and its products serve the Read More