Broker
CMA launches investigation into Gallagher-Willis Re deal
The competition watchdog says it is considering whether the transaction could result in a lessening of competition in the UK.
ERS extends cover for European HGV drivers
The specialist motor provider says the move aims to support European HGV drivers coming to the UK to help fill the current HGV driver shortage and that brokers will be able to access the widened cover for their clients via ERS eTrade.
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
News analysis: Panic Buying 2: This time it’s petrol…
The news agenda has been dominated by images of snakes of cars leading to petrol stations as the great British public reprises its performance from the first lockdown where we saw loo roll, pasta and other essentials stockpiled. In our analysis Martin…
Ethos Broking buys again
The acquisition of Leeds-based Schofield Insurance Brokers marks the Ardonagh-owned firm's fourth deal this year.
Tysers launches fresh entertainment schemes
The two products, Tysers Freelancers and Tysers Elite, are designed to better reflect the new live events landscape and provide cover for clients who work in the entertainment industry.
Biba teams up with LifeSearch on protection scheme
Trade body says the scheme will allow brokers, on an introducer basis, to provide protection cover including mortgage, family, income and critical illness, along with key person, shareholder, business loan, relevant life protection, group life, group…
People Moves: 4-8 October 2021
Keep up to date with the latest people moves.
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
GRP completes deal for WTW's Northern Ireland business
The deal was announced in July and brings £65m in GWP to GRP's Northern Ireland business ABL Group.
Allianz offers free legal helpline to independent brokers
The Lawphone will operate 24 hours, every day of the week, the insurer adding that the service will provide brokers with expert advice on various legal related issues.
Aston Lark buys in Birmingham
S Johnson & Company specialises in providing insurance for the music industry and the gun trade.
Gallagher says 'goodbye' to Bollington brand
The broker, which was bought by Gallagher earlier this year, will take on its parent company's branding.
Sian Fisher steps down as CII CEO
She joined the body in 2016 and will be in post until March 2022.
MCE launches bespoke AI tool
According to the broker, the company saw 32% growth in average premium due to its investment in tech, which has now been enhanced with the roll out of a new AI tool.
Partners& takes action on National Inclusion Week
The broker says it has organised a programme of activities aimed to celebrate inclusion in the workplace.
Ardonagh promotes Donaldson to Retail CEO
The broker has named Emma Rawlinson as Atlanta CEO and promoted Ian Donaldson to the role of CEO of Ardonagh Retail.
Jensten adds to London Market and underwriting construction teams
The business has added expertise to its Senior Wright and City Underwriters operations.
FCA focus on fair value causes confusion for brokers
Research by Ecclesiastical shows 40% of brokers do not understand how their business will be impacted ahead of the new product governance rules coming into force on 1 October.
Blog: Modelling the risk of flood
FOIL’s Laurence Besemer explores the flood solutions designed to better model risk and help those in danger of this catastrophic peril.
Prestige Valuations unveils jewellery pricing tool for brokers
The firm says the software can provide instant valuations for brokers to help them determine whether items are underinsured.
Saga takes pricing director from WTW
Graham Wright joins from Willis Towers Watson where he is currently a senior director.
Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
DNA Insurance confirms cyber incident
A number of phishing emails were sent from a staff member's account, and Ian Jacob, group chief risk officer of parent firm Aston Lark, says the breach was detected within minutes and no other accounts across the group were compromised.