Networks
Willis Networks secures chartered status
The Willis Networks team has been granted chartered insurance brokers status by the Chartered Insurance Institute (CII).
Network “alternative” targets independent brokers
Former Towergate employee Joe Manning, has launched Brokerdrive claiming the fee-free web-based offering will challenge traditional broker network models.
Nine more for Willis Networks
Willis Networks has signed up nine new members, taking total membership to 125 independent UK brokers.
Ex-Bluefin branch leader follows AR route with Corrigans
Brendan Mulligan, former leader of the Bluefin Broker Partnership Services’ Coventry office has set up Thomson James as an appointed representative of insurance broker Corrigans.
Clear appoints from Willis Networks
Clear Insurance Management has appointed Simon Taylor, previously regional managing director for Willis Network, to the role of executive director.
Mageean signs up with Broker Network and Countrywide
Bernard Mageean has been appointed as director of insurer relations at Broker Network and Countrywide.
Cobra posts loss following sale of broking business
Cobra has posted a £1.74m loss despite growing revenues to over £24m.
Cobra disposes of insurance broking operations
Cobra Holdings has announced the sale of certain fixed assets of its insurance broking operations in Caterham and Alton to ASG Risk Management, a subsidiary of Aston Scott Group, for £8.2m.
UKGI compliance membership approaches 400
UKGI has signed up ten new members, including both established and start up general insurance brokers, in its push for growth.
Ten more for TEn
TEn Insurance has signed up ten new members in the last three months bringing its total membership to 68.
Bluefin looks within for schemes head
Bluefin has appointed Liz Johnson to head of Newmarket Underwriting.
Brokers split over network independence
Loss of independence cited as major reason for shunning networks, brokers explain
New chief executive for agricultural network
FarmWeb has announced the appointment of a new chief executive.
Purple appoints BDM from Bluefin
Jelf-owned network, Purple Partnership, has appointed Chris Hankey as the new development manager for the North and Midlands.
Network Spotlight day 12: Smith explains the changes at Westinsure
Mike Smith managing director of Ink Insurance, owners of Westinsure, looks back at the first year in charge post acquisition and claims that other networks put shackles on brokers to stop them from trading in an independent way.
Network Spotlight day 11: Willis’ Fardon foresees imminent network mergers
Sara Fardon, managing director of Willis Networks, claims in the penultimate interview for Network Spotlight that 43% of brokers are part of a network or a club and that weaker networks could fold within a year.
Network Spotlight day 10: Momentum’s Pepper warns networks
Howard Pepper, managing director of Momentum, tells the audience that networks need to provide a much broader range of support services to their members in his interview for day 10 of the Network Spotlight series.
Network Spotlight day nine: Network members aren't independent, says Wood
Mark Wood, managing director at UKGI, claims in his interview for Network Spotlight that many brokers have seen through networks.
Network Spotlight day eight: Truman says Cobra’s model is sustainable
David Truman, director at Cobra Network, is the eighth guest in the Network Spotlight series and says he expects to see a number of brokers investigating how to improve their bottom line through the network over the next 12 months.
Ten broking director out - will not be replaced
Ten broking director, Elliot Arnold, is to leave the company at the end of August and the network will not replace him or maintain the role, Insurance Age has learnt.
Network Spotlight day seven: Ten’s Sharp seeks to avoid AR pitfalls
James Sharp, director at Ten Insurance Services, predicts that over time there will be more brokers in networks than outside and adds that he won’t say “that is necessarily a good thing”.
Network Spotlight day six: Confidence is growing, says Muir at 1 Answer Networks
In his Network Spotlight interview Paul Muir, managing director of 1 Answer Network, says that he sees an increase in the confidence of the personal lines network’s members.
Bluefin network members are vehemently independent, says Hopwood
David Hopwood points to member acquisition funding at Bluefin in day five of Network Spotlight.
Purple’s Brewin sets 80 member target in Network Spotlight
Les Brewin, managing director of Purple Partnership, confirms that he expects to grow the current 55 member level to 80 over the next 18 months in day four of Network Spotlight.