Henderson Insurance Brokers, the commercial insurance specialist based in Leeds, has acquired local independent financial advisers, Denney O’Hara (Life and Pensions) and Denney O’Hara.
InterResolve has secured a major funding deal with venture capitalist, Balderton Capital. The injury claims specialist says it will use the cash injection to expand its service, which involves the acquisition, processing and settling of personal injury claims directly between claimants and insurance companies.
HCC Global Financial Products (HCC) has launched a new line of business focusing on merger and acquisition transaction risk insurance, namely Warranty & Indemnity, Tax Indemnity, and Contingent Risk Transfer Insurance. The financial lines specialist says it has noted a “significant upturn” in mergers and acquisitions activity in the first quarter of 2010.
Oval has strengthened its presence in the South West with the acquisition of Gloucester-based broker, J L Fisher & Co Ltd.
Bluefin Insurance Services has confirmed ambitious acquisition plans spanning the next three years. The AXA-owned broker already has over 50 branches, having acquired Lakeland Insurance Brokers and Lakeland Insurance Advisers in 2009.
Welsh broker Moorhouse is seeking to augment its organic growth with the acquisition of a broker with gross written premium of up to £5m.
Invicta Insurance Services has acquired four entire portfolios, one from each of the following firms:
London & Southern Securities, a Cranbrook-based business selling a portfolio of high net worth and property owners’ policies.
Rees & Paddock Wood Insurance Services, a Welling-based firm disposing of predominantly property owners’ and small commercial policies.
Investment & Insurance Services, a Northfleet-based broker with the bulk of its portfolio household and property owners’ policies.
Burgess Insurance Services, a Burgess Hill-based firm which has sold its personal lines portfolio.
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