Broker
People Moves: 30 August - 2 September 2022
Keeping you up-to-date with the latest insurance moves.
Biba encourages brokers to use its flood directory
The British Insurance Brokers’ Association has encouraged brokers to use its flood directory to ensure eligible households that are denied flood cover can still be offered it.
Markerstudy recruits new head of fraud from LV
Markerstudy has appointed Clare Lunn to a new role of head of fraud.
Start-up Broadway triples GWP
Broadway Insurance Brokers tripled gross written premium in the past 12 months hitting £4.5m, CEO Daniel Lloyd-John has confirmed.
Companies House says sorry and deletes Gallagher strike-off notice
Companies House has today (31 August) removed a listing of a First Gazette notice for compulsory strike-off against Arthur J. Gallagher Holdings (UK) Limited.
Iprism integrates with Acturis
Managing general agent Iprism has added its tradesman, contractors and professionals product to the Acturis trading platform.
More acquisitions on the horizon for Seventeen Group
Seventeen Group is poised to strike more deals before the end of this year and into 2023 with European expansion on the agenda, according to CEO Paul Anscombe.
Trade credit joins cyber as a challenging market – Aon
Pricing in the UK market continued to harden across all classes in the second quarter except for directors and officers’ insurance, according to the latest report by Aon.
GRP posts £201m turnover ahead of Brown & Brown sale
Global Risk Partners has reported an operating profit of £71.3m for the year ended 31 March 2022 in its final set of results under private equity ownership.
H&H expands in Wales with Wrexham office
H&H Insurance Brokers has opened an office in Wrexham to be its administrative hub for its Wales operation.
Zego partners with QBE
Zego has partnered with QBE to expand its fleet insurance offerings.
Worries remain on subsidence but claims volume still uncertain
Earlier this month LV released figures showing that subsidence cases were up by 205% between June and July, and warned that they were likely to increase even more.
Romero on track to double its business
Managing director, Simon Mabb has revealed that Romero is on track to achieve its five year plan of doubling its business by 2025.
Aston Lark buys AJ Insurance Service
Aston Lark, a Howden company, has acquired Essex-based AJ Insurance Services for an undisclosed sum.
Seventeen Group snaps up Broker Scotland
Seventeen Group has acquired Broker Scotland, a property specialist broker, for an undisclosed sum.
Two acquisitions for GRP-owned Premier Choice Healthcare
Premier Choice Healthcare, the health insurance intermediary owned by GRP, has announced two acquisitions; Mosaic Health and PNMCO.
Wiser Academy partners with GRP
Wiser Academy has partnered with Global Risk Partners to boost graduate development.
People Moves: 22-26 August 2022
Keeping you up-to-date with the latest insurance moves.
Seventeen Group buys Scottish broker CCRS
Seventeen Group has bought Glasgow-based broker CCRS for an undisclosed sum.
Urban Jungle expands into motor insurance
Insurtech Urban Jungle has launched its new car insurance service which offers both home and car cover.
Lockton warns on hospitality underinsurance
Inflation, scarcity of building materials and labour have affected valuations and businesses should review their cover according to Lockton head of hospitality, Andy Nicholson.
Ardonagh adjusted Ebitda grows to £186m in H1 2022
Ardonagh has announced that its income rose by 37% to £595m ($791m) and adjusted Ebitda by 21% to £186m ($247 million).
Two-fifths of London businesses at risk of flash flooding
Research by Zurich has revealed that two-fifths of London businesses are at risk of being hit by flash floods as heavy rainfall is predicted to hit the capital.
Jensten flags healthy acquisition pipeline
CEO Alistair Hardie said the organisation has a series of deals in play following its buy of J. Bennett & Sons but warned that the Financial Conduct Authority can be slow to approve acquisitions.