Broker
Zego partners with Bravo Group to offer fleet product to networks members
Compass and Broker Network members will now have access to the insurtech’s fleet products.
CMA forces Ardonagh to u-turn on £26m Bennetts buy
Ardonagh has proposed to reverse the deal and divest of the motor broker following the threat of an “expensive and burdensome” phase two competition probe.
Blog: How to access the European Market after Brexit as an MGA or broker
Nikolaus Suehr, of KASKO, and David Goodley, of City Compliance share advice on setting up in the EU as the risk of a no-deal Brexit draws closer.
Ardonagh reports adjusted Ebitda of £99.9m
The Towergate and Atlanta parent published results for the first six months of 2020 and reveals prices for Arachas and Bravo Group.
Clear CEO reveals next steps after "brilliant" Brokerbility deal
Howard Lickens discusses plans for the Brokerbility Network following the transaction, which also increases Clear's regional presence, particularly in the Midlands.
Clear buys Brokerbility
The deal includes BHIB and brings Clear’s GWP up to £200m.
Dive-In: Focus on mental health amid Covid-19
Head Lines: Experts warned that the coronavirus pandemic has increased mental health problems for many.
Hiscox urged to start paying BI claims after test case judgment
The night life industry and broker NDML call on the provider to "accept that the time to pay has arrived" in open letter to Hiscox MD.
Aston Lark hires UK Retail MD
Warren Dickson will take up the newly created role next month.
Blog: Making data enrichment accessible for smaller brokers
Richard Tomlinson, MD of Percayso Inform, discusses how smaller brokers can approach data enrichment and analytics to achieve their objectives.
TowerBrook and Warburg Pincus team up to progress AA takeover talks
Centerbridge and Platinum Equity have pulled out of discussions "by mutual agreement" as AA continues to explore options including an equity raise.
Shuker and Howden lift lid on A-Plan deal
The sale of A-Plan to Howden is believed to be valued at up to £700m.
Brokers welcome FCA's crackdown on dual pricing
Experts predict the regulator's proposals to ban dual pricing will have "unintended consequences" and lead to reduced competition for new business, but agree the measures are a positive outcome for consumers.
Biba teams up with Flock on drone insurance scheme
Biba says the scheme, which is underwritten by A+ rated capacity, will allow its members to easily access cover for small businesses, global operators and large fleets.
Howden buys A-Plan to create £4bn GWP broker
Carl Shuker will continue to lead the personal lines specialist.
FCA warns brokers to "pay close attention" after dual pricing ban
Regulator to collect data from any firms setting prices, including brokers, as it calls on the industry to co-operate to tackle the loyalty penalty.
Tifgroup receives libel settlement and apology from The Times
The travel provider has settled with the national paper over “untrue” allegations it published in November 2018.
Dive-In launches with authenticity and perspective as its themes
The diversity and inclusion festival, which begins today, has done research that found firms should pay closer attention to D&I in times of crisis.
Staveley Head collapsed owing almost £10m
The administrator’s progress report said the business was later sold to One Sure for £75,000 as fitness of former directors is investigated as statutory measure.
GRP-owned Cherish launches home policy with access to Flood Re
The product is underwritten by Axa and the wholesale broker says it has removed “non-essential” cover in order to offer a more affordable option.
Brokers believe BI dispute is "far from over" after test case judgment
Experts discuss next steps for brokers, industry reputation and expectations from clients after the High Court delivered an outcome that differed across the policy wordings under scrutiny.
Law firm looks to expand group action following BI test case outcome
Move comes after the court ruled in favour of policyholders in relation to one of QBE’s policy wordings as well as Marsh’s Resilience wording.
GRP makes first Irish deal
Consolidator makes Dublin-based Crotty Insurance Brokers its Irish hub as it announces plans to make further deals in the Republic of Ireland.
People Moves Round-up: 14 - 18 September 2020
Keep up to date with the latest people moves.