Broker
People Moves: 2 - 6 January 2023
Keep up to date with the latest personnel moves in insurance.
Jensten posts £21.5m loss as it reveals £35.1m Tasker price
Jensten has revealed that the deal for Tasker Insurance Group cost £35.1m with the majority of the bill – £33.6m – paid in cash.
PFS board calls CII claims untrue
Personal Finance Society member directors have called claims by the Chartered Insurance Institute about PFS board governance failures untrue.
Citynet secures capacity for ‘first class’ solution to help its brokers
Lloyd’s broker and wholesaler Citynet has secured capacity to help its broker partners on motor business.
Chambers and Newman reveals profit in Ardonagh sale year
Chambers and Newman has recorded a post-tax profit of £385,000 for the period including the sale to Ardonagh.
GRP buys Christopher Trigg Insurance Brokers
Global Risk Partners has bought Hedron Network member Christopher Trigg Insurance Brokers.
Broker convicted for indecent exposure
Mark Mellett, managing director of Spitfire Brokers, has been convicted in a Hampshire court of indecent exposure but avoided a jail sentence.
Caravan Guard posts turnover dip but underlying growth
Caravan Guard has posted a 6% fall in turnover to £11.9m in the year ended 31 March 2022.
Aston Lark to open branches in South Wales and the Thames Valley
Aston Lark is expanding its UK regional footprint by opening offices in South Wales and The Thames Valley.
SRG starts 2023 with Fleet and Commercial buy
Specialist Risk Group has bought Oxfordshire-based specialist broker Fleet and Commercial in its first deal of the year.
Brokerbility strikes first schemes deal with Ecclesiastical
Ecclesiastical has become the new insurance partner for Brokerbility’s bricks and mortar scheme, taking over from Aviva.
FCA fines drop to £214.3m in 2022
The Financial Conduct Authority dished out £214,250,056 in fines in 2022, the fourth lowest on record since the FCA was formed in 2013.
Certua: Rise of the embedded insurance specialist
Certua is helping insurers get products to brokers quickly through its advanced digital capabilities. Co-founder Luke Bewley explains how Certua will make its mark on the UK broking and insurance space.
Higos adds 10 apprentices in Wiser Academy tie-up
Higos has taken on 10 college leavers as apprentices working with Wiser Academy to help build the next generation of insurance brokers in the South West.
Review of the Year 2022: Steve Wright and Bryan Banbury, Russell Scanlan
In the latest part of Insurance Age's review of the year Russell Scanlan's managing director Bryan Banbury, and claims director Steve Wright offer their reflections on 2022 and predictions for the next 12 months.
Ataraxia and MVP rebrand as The Broker Investment Group
Peter Cullum-backed Ataraxia and Minority Venture Partners are rebranding to The Broker Investment Group, Insurance Age can reveal.
BMS sells 30% of group to Eurazeo
London broker BMS Group has sold a third of its business to investment company Eurazeo, subject to regulatory approvals.
Review of the Year 2022: Nick Houghton, CEO, JMG Group
In the latest part of Insurance Age's review of the year Nick Houghton, CEO, JMG Group offers his reflections on 2022 and predictions for the next 12 months.
Review of the Year 2022: Matt Pini, MD at Consilium
In the latest part of Insurance Age's review of the year Matt Pini, MD at Consilium offers his reflection on 2022 and predictions for the next 12 months
Review of the Year 2022: John Warburton, Konsileo CEO
In the latest part of Insurance Age's review of the year John Warburton, Konsileo CEO offers his reflections on 2022 and predictions for the next 12 months.
Review of the Year 2022: Richard Tuplin, CEO, Towergate
In the latest part of Insurance Age's review of the year Richard Tuplin, CEO, Towergate offers his reflections on 2022 and predictions for the next 12 months.
Review of the Year 2022: Ross Barrington, managing director of Markerstudy Broking
In the latest part of Insurance Age's review of the year Ross Barrington, managing director of Markerstudy Broking, offers his reflections on 2022 and predictions for the next 12 months.
People Moves: 19 - 23 December 2022
Stay up to date with the latest personnel changes within the insurance industry.
Brokers urged to tighten safeguards amid threat of client underinsurance backlash
Brokers are being urged to tighten safeguards amid the threat of businesses, suffering problems from underinsurance, taking legal action.