Broker
Gallagher rebrands Innovu and buys Doyle Mahon in Ireland
Gallagher has bought Irish broker Doyle Mahon and revealed the Innovu deal is now fully integrated with the rebrand set to complete next Monday.
‘Pull a finger out’ – Average time taken by FCA to approve acquisitions doubles
The Financial Conduct Authority's average time taken to approve acquisitions has more than doubled, leading to calls for the regulator to 'get things moving' to help brokers buy and sell businesses much faster.
‘Ridiculous’ – FCA fair value broker paperwork hours revealed
Calculations by the British Insurance Brokers' Association have shown brokers are working thousands of hours to complete fair value assessments.
Servca buys healthcare insurance specialist
Lloyd’s broker Servca has bought Medicas, an independent health insurance specialist, for an undisclosed sum.
Marsh reports easing of UK commercial pricing rises
Commercial insurance pricing in the UK rose by 7% in the third quarter, according to research by Marsh.
Dickson & Co buys Jim Burton Insurance Services in Armagh
Dickson & Co has expanded its network of offices in Northern Ireland to eight with the purchase of Armagh-based Jim Burton Insurance Services.
Commercial Express and Arag team up on broker schemes
Commercial Express and Arag have partnered up to provide commercial legal protection to brokers serving a range of retail and wholesale business clients, as well as emergency assistance and legal protection to residential property owners.
Ardonagh buys Stallard Kane
Ardonagh Advisory has bought Stallard Kane Group, a provider of health and safety, HR, training, and employment law compliance consultancy services.
Gallagher highlights ‘excellent’ UK amid booming organic growth
The UK has been one of the strong performers in Aon and Gallagher results, as clients battle the economic slowdown.
Neil McFarlane to retire from TH March with Simon Dawe appointed MD
Specialist jewellery insurance broker TH March has confirmed that CEO Neil McFarlane will be retiring in early 2023 and that Simon Dawe has been named as managing director.
‘Stacks and stacks’ of UK brokers still left to join us – Acrisure UK chief McIlquham
Despite evidence that the number of UK brokers available for purchase is diminishing, Acrisure's UK retail chief Mark McIlquham says there are still lots left attracted to its model.
People Moves: 24-28 October 2022
Keep up to date with the latest personnel changes within insurance.
Buyer gears up for Markerstudy insurer swoop amid QIC exit
Qatar Insurance Company wants to exit loss making business and is poised to sell its Gibraltar-based direct insurance carriers.
Towergate ‘not entitled to ignore warnings from Gable’s auditors’, claims pub wanting £3.3m payout
Pub chain claims Gable was in precarious financial position and Towergate did not advise properly. Towergate business denies the allegations.
Sutton Winson snapped up by acquisitive broking group
Sutton Winson and Sutton Specialist Risks have been acquired by Acrisure.
Bravo Networks offers staff fully funded apprenticeships
Bravo Networks is offering its members the opportunity to grow their staff through fully funded apprenticeships, provided by learning and development company Raise the Bar.
County Group buys North Wales broker
GRP’s County Group has acquired broker Business Insurance Specialist for an undisclosed sum.
TL Dallas to expand into Cumbria
TL Dallas, which has 11 UK offices, is expanding into Cumbria with Lynne Taylor and Emma Irving to head up the new office.
Kelliher reports turnover and profit growth for 2021
Kelliher Insurance Group has recorded a 6.4% increase in turnover for 2021 to £17.3m.
Alan Atkins new CEO at MCE Insurance
MCE Insurance has a new CEO, with Alan Atkins taking up the mantle and former CEO Julian Edwards stepping into role of executive chair.
FCA threat of premium finance crackdown rises amid ‘fairness’ concerns
The Financial Conduct Authority has a list of concerns about premium finance, with two of its most powerful figures in general insurance expressing their unease over issues with the product.
Aon to offer 1,000 work experience places
Aon has announced it will offer 1,000 work experience placements per year for UK college students from low socio-economic backgrounds starting in 2023.
People Moves: 17-21 October 2022
Keep up to date on the latest personnel changes in insurance.
Trade bodies battle to trim FCA fair value paperwork ‘crippling’ small firms
Trade bodies are working with the Financial Conduct Authority to narrow down the focus of its fair value assessments which comes with a huge regulatory burden.