Broker
Headline makers - September 2021
The hottest stories on www.insuranceage.co.uk, the month in numbers and quotes from the biggest news stories of the month
Adrian Flux's black box tech criticised by comedian Joe Lycett
Broker says it has a support team in place to "ensure that customers are not adversely affected" by discrepancies in data after it was featured in a segment on Channel 4 consumer affairs show Joe Lycett's Got Your Back.
People Moves: 30 August- 3 September
Keep up to date with the latest people moves.
News analysis: What does the post-pandemic future hold for brokers?
Brokers split over whether they will see a return to growth while grappling with new attitudes to remote working, work-life balance and client confidence in the aftermath of Covid-19
WTW names chief financial officer
After revealing leadership changes earlier this month, WTW appoints a former member of the team as its new CFO.
GRP’s Gauntlet targets £25m in GWP
The business acquired Three Sixty for an undisclosed sum earlier this year.
FCA urges insurers to take action on BI claims payments
FCA director Matt Brewis sets out the regulator's supervisory strategy for insurers as he warns firms to speed up business interruption payments and follow fair value guidelines.
Insurance Age Top 100: Should your firm be in the list?
Planning for the expert supplement has begun, so if you’re an independent broker with GWP over £12m, and haven’t been invited before, please do get in touch.
Vista targets £50m in GWP within five years
The broker says it is not ruling out acquisitions to reach the £50m target, as it also pledges to become carbon neutral in the next 12 months.
GRP’s Higos buys in Penzance
The South West hub has acquired Web Shaw which trades as Jacksons.
GRP takes retail CEO from Marsh
Duncan Carter will report to GRP group CEO, Mike Bruce.
Got You Covered targets further growth in non-standard market
CEO Robert Leigh and commercial director Adrian Barbrooke tell Insurance Age about the company's origins and detail their plans for the future.
FCA slams firms for “weakness” over fair value rules
The watchdog highlighted broker remuneration as an issue and said that many firms might not be ready to implement incoming product governance rules.
Romero opens seventh office
The business has expanded with a location in Harrogate.
Brokers "cautiously optimistic" about growth as pandemic restrictions lift
But Aviva research shows expectations vary, with 42% of regional brokers predicting a decline in their business.
Simply Business teams up with RSA
Simply Business has extended its partnership with RSA in a move which sees the insurer join the broker’s panel of landlord insurance providers.
Tysers implements cloud-based automation platform
Brokers working with Tysers on a wholesale basis will have access to the proposition which as been designed to streamline processes.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
FCA updates dual pricing rules
Regulator releases policy statement with updates and clarifications to its GI pricing rules following feedback, but highlights that the changes do not affect its desired outcomes.
Talbot Jones targets further growth after March Insurance deal
Managing director Richard Talbot-Jones tells Insurance Age about how the broker's recent deal for March Insurance Services came about and details his plans for the future.
Endsleigh confirms redundancy consultation
The broker has opened a 30-day consultation as it prepares to transfer some of its business to owner A-Plan.
Zurich pledges match funding scheme ahead of Insurance Day of Giving
Insurance Cares: Zurich Community Trust is set to match funding donations during this year's Insurance Day of Giving, which takes place on 4 November.
Ardonagh reveals £900m capital raise
CEO David Ross says increased firepower will fund acquisitions in the UK as well as the consolidator's international expansion.
Brokers and loss adjusters – can it be a winning partnership?
News analysis: Rachel Gordon investigates how broker-owned loss adjusters are changing the claims process and whether they could pile on the pressure for insurers.