Articles by Sian Barton
Marsh-parent raises $250m of fresh debt
The move, the second debt raise this week, is to fund its acquisition of JLT.
Blog: Future-proof professional indemnity
Tokio Marine HCC’s Colin Brown explains how the world of work is changing and why PI providers must respond.
Stable performance in “transitional year” for LV
GI CEO Steve Treloar said the business was working with 150 new broker partners and committed to further investment as 2018 results are published.
FSCS recovers £300m for levy payers
The money has been recovered from failed financial services firms and the watchdog claimed that these sums helped reduce FCSC fees.
EY report reveals £1 trillion Brexit exodus
The organisation has estimated that £1trn worth of financial services business across 23 companies has left the UK for the EU.
Mactavish lays down the gauntlet on cyber
The insurance governance expert has called on brokers and insurers for a guarantee that eight particular policy flaws won’t be used as reasons for claims refusals after scaremongering row.
Insurance Cares: Tool developed for self-assessment
The tool, developed by Altus, enables firms to benchmark the work they are doing for vulnerable customers.
Ageas redundancies confirmed
Following a consultation about the closures of Port Solent and Stoke-on-Trent centres Ageas expects 430 redundancies.
Marsh reveals plan to raise €1.1bn
The money will be used to fund its JLT acquisition, related fees and expenses, and to repay JLT debts.
Broker Network and Compass-owner launches Ethos with £300m GWP target
Broker Network Partners rebrands as Ethos to separate deals from its networks as CEO Des O’Connor reiterates that the networks will remain apart.
Gallagher reveals £264.5m cost of Stackhouse Poland deal
The long-rumoured deal was finally announced in January this year.
Video: A Broking Minute
Meet IFM Insurance MD Mark Barlow.
SchemeServe develops claims tool
The feature is for delegated authority claims and available to brokers.
Premium Credit confirms another outage
Brokers and customers of the credit provider experienced problems for almost two days over Monday and Tuesday.
Sector criticised for approach to sharing economy
Report outlines the insurance risks for customers active in hosting AirBnb guests due to gaps in cover.
Axa puts 106 roles at risk
Redundancies likely as the insurer announces it is to open two trading centres in Bolton and Ipswich.
Expletive-laden broker spat court documents exposed
Gallagher vs Ardonagh: Skeleton argument alleges Simon Matson called former employee a “complicated fat arab” but Gallagher described the defence claims as a “blatant…attempt to distract”.
Dual pricing: Working group investigates loyalty penalty
The Competition & Markets Authority has set up a panel to explore how its recommendations are being implemented.
Insurance Cares: Sector commits to second Day of Giving
The Day, designed to raise funds for dementia research raised £70,000 in 2018.
Adler Group to buy Corrigans GI business
The deal is set to complete in June and is Adler’s fourth in three years.
Enterprise Ogden claims hit revealed – report
The liquidator’s report has shown that bust Gibraltar insurer Enterprise must pay out £101.4m extra in claims partly due to changes to the Ogden rate.
Brunel Insurance Brokers buys Glentworth
The deal is described as a “merger of equals”.
FCA increases Financial Ombudsman Service compensation limit to £350,000
The change will see the limit go up from £150,000 from 1 April and could keep going up annually.
Broking success: Mark Barlow, IFM Insurance
Managing director of Sheffield-based IFM Insurance, Mark Barlow, tells Insurance Age why advice is key to keeping clients and reasons to say no to the consolidators