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Review of the year: August 2018

Review of the Year 2017 - August

During the August heatwave brokers were more interested in Allianz taking its first step into Lloyd's, Co-op Insurance being up for sale, Broker Network exclusively revealing its spending spree prices and broker commission than the hot weather.

We take a look at the top five stories that got brokers talking in August 2018.

Allianz Insurance takes first step into Lloyd’s
Allianz Insurance made its debut in Lloyd’s after taking on a team in the joint venture with LV. The insurer took over from LV trading within a rebranded underwriting box on the fourth floor of the London market. LV has had a presence at Lloyd’s since it bought Highway in 2008.
  Aviva denies being on “big crusade on broker commissions”
Brokers and insurers

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Broking Success: Tim Forshaw, Tower Insurance Brokers

Fresh from its first deal and with a goal of more than doubling to £100m GWP, Tim Forshaw, CEO and founder of Tower Insurance Brokers, outlines why the business is targeting niche mutuals and the benefits of bringing global broker knowledge to local firms.

MBP takes minority stake in £32m GWP broker

Insurance investment vehicle Minority Broker Partnerships has acquired a minority stake in Caleb Roberts Insurance Services, an independent agricultural and rural insurance broker operating across Mid Wales, Herefordshire and Shropshire.

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