Consolidation
CBG remains confident despite fall in profit and revenue
CBG’s results for 2010 have revealed a drop in pre-tax profits to £842,000 (2009: £1.03m) with revenue also falling by just over £1.2m to £7.7m (2009: £8.96m).
Management - broking success: step forward to look back
Emmanuel Kenning meets Duncan Macbeth of Macbeth Scott & Co as he prepares for retirement after more than 30 years as a broker and casts his eye over the insurance industry.
Power hour - future of broking round table London: Talking heads
The biggest names in the industry come together to debate the key issues facing brokers at the moment, from regulation and rates to consolidation and distribution. Martin Friel reports.
Agenda: Hopes for the New Year
Ten years have passed since the dawn of the new millennium. The predictions of economic meltdown because of the millennium bug were false but we have seen crises that have had enormous impact on the global economy: 9/11, the crash of the dot-com bubble…
Regional review: Way out west
An area that sometimes falls off the radar, Louise Meeson surveys brokers and insurers in Wales and the South West to discover many have been shielded from the worst of the economic crisis.
Entire Choicequote workforce in redundancy consultation
The entire staff and management team at Choicequote have entered a redundancy consultation period just two and a half years after the broker was bought by Groupama.
2010 review: A year of living cautiously
The economy grew, rival political parties unexpectedly started working together and personal lines rates even hardened, although plenty of surprises and setbacks meant that 2010 was far from plain sailing, writes Andrew Tjaardstra.
Analysis of top 100 brokers reveals market share increase
The UK broking market has weathered the economic storm well with the top 100 brokers managing to increase their market share, according to Insurance Age's 2010 Top 100 Independent Brokers supplement.
How to complete an MBO: Successful successions
MBOs provide a fantastic opportunity for management teams to get a taste of acquisition activity in a familiar market. Mike Pawson gives guidance on how to ensure the deal runs smoothly.
Health news: Rockbridge deal underlines CBG's healthcare focus
CBG Group has acquired Rockbridge Healthcare as part of its growth strategy in the healthcare sector.
NIG business to be exempt from further RBSI office closures
Royal Bank of Scotland Insurance (RBSI) has assured brokers that NIG will not be impacted by recent office closure plans.
HSB raids Powerplace for South East broker development exec
Specialist engineering insurer HSB Engineering Insurance has hired Bryony Glover to the position of development executive for London and the South East region.
Focus - Start-ups: Making your own space
Edward Murray investigates the key considerations involved in establishing a new broker
CCV makes third acquistion of the year
Cullum Capital Ventures (CCV) has acquired the general insurance portfolio of DTE Risk & Financial Management.
Aggregator market set to shrink, claims Beachcroft
According to solicitors Beachcroft, the aggregator market will either dissolve or consolidate within three years and consumers will have the choice of only a "handful of aggregators".
Viewpoint: A buyer's market
Howard Lickens contemplates what impact a predicted rush of purchaser-driven activity may have on the consolidation market and compares the sustainability of past and present models.
Towergate claims merger is 'income growth exercise'
Towergate is to close three offices in Glasgow and consolidate staff in one city centre location.
Gamage and Cosh launch Invicta Insurance Services
Former operations manager at Woodstock Insurance Brokers, Steve Gamage, has set up a new broking service provider called Invicta Insurance Services.
Bluefin 'very lucky' to recruit ex Heath Lambert MD Mike Bruce
Former Heath Lambert managing director, Mike Bruce, has joined Bluefin as chief development officer, responsible for underwriting and claims at the Axa-owned broker
CCV kicks off New Year with 49th acquisition
Cullum Capital Ventures (CCV) has continued its acquisition spree with the purchase of two commercial brokers
Research exposes national contenders as biggest threat
Brokers have identified the large national players as posing the greatest threat to their business, according to new research
The PB Interview - Rob Worrell: Yorkshire pride
Hull's leading independent broker has had floods and a recession to contend with, yet it is a vibrant business that is growing strongly. Andrew Tjaardstra meets managing director and majority shareholder Rob Worrell
Consolidating the consolidator
Stuart Reid reflects on a difficult year
Independence stressed as broker changes hands
Robinson Buckley maintains independence