The UK insurance industry saw a drop of 30.8% in overall deal activity during Q1 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
A total of 27 deals worth $1.08bn were announced in Q1 2019, compared to the last four-quarter average of 39 deals.
M&A was the leading category in the quarter with 20 deals which accounted for 74.1% of all deals.
In second place was private equity with four deals, followed by venture financing with three transactions, respectively accounting for 14.8% and 11.1% of overall deal activity in the country’s insurance industry during the quarter.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn terms of value of deals, private equity was the leading deal category in the UK insurance industry with total deals worth $589.62m, while M&A and venture financing deals totalled $478.32m and $8.1m, respectively.
The UK insurance industry deals in Q1 2019: Top deals
The top five insurance deals accounted for 99.9% of the overall value during Q1 2019.
The combined value of the top five insurance industry deals stood at $1.08bn, against the overall value of $1.08bn recorded for the quarter. The top announced UK insurance industry deal tracked by GlobalData in Q1 2019 was Inflexion Private Equity Partners’ $478.32m private equity deal with Quartz Insurance Brokers.
In second place was the $350.77m acquisition of Stackhouse Poland Group by Arthur J. Gallagher & and in third place was Markerstudy’s $238.85m acquisition of Co-op Insurance.
The $6.6m venture financing of By Miles by InMotion Ventures, Insurtech Gateway, Jaguar Land Rover’s Venture Capital Fund, JamJar Investments and Octopus Ventures and Crowd for Angels’ venture financing of Axioma Europe for $0.52m held fourth and fifth positions, respectively.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.
