Broker
Broking Break - Your Top Five
What insurer bosses had to say about their firm’s 2016 results, changes in technology and the Ogden rate, and a court case make up the top five.
Broking success: Ashley Peters, Staveley Head
Motoring along: Staveley Head’s MD on how niches and specialisms have helped fuel growth and why the broker decided to build its own software
Gallagher confirms suing former employee and Scottish broker
Case has been opened in Aberdeenshire.
La Playa gets Lloyd’s status
The firm is now a registered broker with access to Lloyd’s of London capacity.
The stats: March 2017 - The Acturis Premium Index
The end of 2016 was a near horror story for brokers
Clark Thomson drops Open GI for Acturis
The broker has changed software house after 20 years with Open GI.
Join now: High Net Worth Society launches
Insurance Age has set up an exclusive members club for HNW brokers. Join today for access to special events and content.
Anthony Jones Insurance Brokers switches from SSP to Applied
Kent-based broker selects TAMCloud.
Discount rate a "pressure cooker waiting to blow" says Willis Towers Watson
If Ogden rate is changed to -0.5% cost of providing car insurance will rise by £700m per year and the one-off reserve charge could hit £4.9bn.
James Hallam buys Motor Race Consultants
The specialist broker is based in Dorking and was bought for an undisclosed sum.
Top 5: Reaching the bombarded consumer
Sam Madden, director at Wiraya, explains why insurance brokers must consider new ways of reaching customers in an increasingly saturated communications environment.
Express Gifts to pay back £12.5m for insurance mis-selling
Firm was authorised to sell general insurance products but delivered cover with “little or no value”.
Quizzical Questions: 17 February 2017
Test your knowledge of the week's news with our topical quiz.
Management changes at Marsh following Bluefin buy
As part of the management shift Bluefin's former CEO Robert Organ will depart from the broker.
CDL confirms it’s on track to deliver automated solution for FCA prescribed wording
Implementing updates for regulatory changes is a “well-trodden” path says commercial director.
Lloyd's introduces booze ban
New rule forbids employees to drink between 9am and 5pm every Monday to Friday.
Markerstudy promotes Ross Barrington to retail MD
Richard Morley also promoted to operations director for Markerstudy's retail business.
Henderson reveals turnover rise to £30m
However profits for the year ended 30 April 2016 were slightly down.
Willis Towers Watson posts 50% fall in profits
Revenues rise by 5% to $7.9bn as restructuring and integration costs bite.
Brokers hit by second SSP outage this year
Brokers using SSP now face a second outage in the space of four weeks.
Aon reveals 1% profit rise for 2016
However profit for the fourth quarter of the year fell by 14%.
PE firm Sovereign Capital to target brokers in the UK
Statement follows deal backing broker MBO in Ireland.
Castle Cover closes to new business
The Ageas owned broker will no longer sell car or home insurance to new clients.
Broking Break: Your Top Five
Products and changes in capacity arrangements were the favourite stories of the past week while GRP’s biggest ever UK retail broker buy topped the charts.