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Atlanta Group has acquired telematics specialist broker, Marmalade, for an undisclosed sum.
The broker’s 100 staff are all set to stay with the brand and will remain at its Peterborough headquarters following completion of the deal.
According to an Atlanta statement, Marmalade writes around 12,500 short term and annual policies a month. It also described the broker as “the market leader in learner driver insurance”.
The broker also offers annual and pay-as-you-go insurance policies which
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Insurance Age
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Aston Lark has bought Irish broker North County Brokers for an undisclosed sum.
The deal is Aston Lark’s fourth this month and follows its purchases of brokers Venture Insurance and Bruce Stevenson and managing general agent Magenta Insurance.
The consolidator noted that North County Brokers was established in 1999 and is based in Balbriggan in County Dublin.
It offers advice to businesses across a broad range of insurance and risk management services and specialises in sectors including
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Davies investor BC Partners was founded in 1986 and has €33bn (£28.4bn) in assets under management.
Existing backers HGGC and Aimco will retain a minority stake in the claims business and continue to
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Partners& has bought Bolton-based insurance broker Ives & Taylor for an undisclosed sum.
The business, which was launched by ex Jelf boss Phil Barton and former Bluefin CEO Stuart Reid last April, said the move was in line with its strategy to build a hub in the North of England.
It noted that Ives & Taylor brings commercial lines, professional indemnity and private clients business to the Partners& portfolio. The broker was established in Bolton in 1965 and employs 13 people.
Partners& was
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The administrators issued the figures as part of their progress report for the six months up to 4 February this year stressing that “no formal adjudication of claims has been carried out, therefore no
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