Networks
Towergate posts loss of £75.5m for 2011
Towergate has reported a £75.5m loss before tax for 2011, compared to a loss of £14.2m in 2010.
1 Answer Network to tackle commercial lines with Powerplace hire
Personal lines network 1 Answer has moved to further bolster its fledgling commercial lines offering with a new appointment.
TEn up to seven in Scotland
TEn Insurance has added Clyde Brokers as a new member in Scotland bringing its membership north of the border to seven.
Simply Business and Willis aim to change broker market for SME
Willis Networks has revealed its exclusive partnership arrangement with Simply Business to provide members with a new comparative electronic portal for SME business.
Willis unveils new electronic portal with Simply Business
Willis has teamed up with Simply Business to launch Willis eQuote, a new e-trading comparison platform exclusively for Willis Network members.
E Coleman buys Foster Leighton and targets expansion into Cornwall
Poole-based broker E Coleman has acquired Foster Leighton in Exeter for an undisclosed sum.
ALPS signs up two Norwich brokers
Norwich-based brokers Alan Boswell and Knowlden Titlow have signed up with Auto Legal Protection Services (ALPS) for motor insurance claims handling.
Ex-Willis Networks MD Phil Scarrett joins ECIC
Phil Scarrett has been appointed as sales and marketing director for the Electrical Contractors’ Insurance Company (ECIC).
Momentum posts start-up losses
Momentum has revealed it lost £289,993 between 15 December 2010 when it began trading and 30 September 2011.
Video: What the Papers Say latest edition
This month, Martin Friel is joined by Kelly-Ann Knight, head of external communications at Towergate and Emmanuel Kenning, features editor at Insurance Age.
Purple signs up Oak and Rural to panel
Purple Partnership has teamed up with Oak and Rural Insurance to offer further mid to high net worth cover options along with an agricultural risk specialism to members.
Cobra Network bags seven new members
Cobra Network has signed seven new members so far this year and has three others in the pipeline.
Keychoice improves membership package
Keychoice has added five new benefits to its membership package as the firm tries to gain increased leverage in the network sector.
Broker Network signs up equestrian specialist
Shearwater Insurance has become a member of Towergate-owned Broker Network.
Network announces membership target as it expands into commercial
Personal lines specialist,1 Answer Network, has predicted that it will have 100 members by 2013.
Willis N² reveals 10 new members
Willis has unveiled 10 new members for its Willis N² network, representing smaller provincial and start-up brokers, taking total membership to 34.
Westinsure goes for rebrand at annual conference
Broker network, Westinsure, has unveiled a new logo at its annual conference.
Maturing market sees more brokers flit between networks
Increasing numbers of brokers switching providers blamed on “bloody competitive” network market
Network player pinches second broker from Oval
Oval has lost another latent defects expert to TEn network member, Building and Land Guarantees (BLG).
Momentum targets 25 new brokers in 2012
Momentum has confirmed it signed up 23 appointed representatives (AR) in its first full year of trading and has targeted another 25 broking businesses in 2012.
Cobra sells subsidiary business for £3.3m
Cobra Holdings has sold subsidiary business Cobra Corporate Solutions (CCS) to ISO Investments, a company controlled by Cobra shareholder Phil Truman, for £3.3m.
FUW joins Broker Network
The Farmers’ Union of Wales’ insurance arm, FUW Insurance Services (“FUW”) has signed up with Broker Network.
Bluefin's network adds to home panel
Bluefin’s network proposition, Broker Partnership Services (BBPS), has appointed Ageas to its panel of preferred home insurance providers.
Cobra undergoes restructure following broking sale
Cobra Holdings has been split into two divisions following the sale of the company’s broking business.