Broker
Quizzical questions: 29 July 2016
Test your knowledge of the week's news with our topical news quiz.
Gallagher posts 8% revenue rise
Broker also reports increase in net earnings for its broker segment in the first half of 2016.
Biba calls for removal of IPT on telematics products
The increase in the tax has made the hike in car insurance more noticeable according to the trade body.
FCA warns principals they will be accountable for ARs’ mistakes
Regulator informs firms of its expectations after its thematic review into supervision of appointed representatives revealed "significant shortcomings".
Drive forward vintage motor knowledge
Rob Clark of Ageas explains why it’s worth brokers getting to know the classic car market.
County Group opens Worthing branch
Broker also relocates HQ in Crewe to larger premises to accommodate further expansion.
Adrian Brown: Towergate Underwriting to focus on specialising
Brown says no deals on current agenda but does not rule out acquisitions down the line. Business also seeking to develop London specialty and private client market.
Flint Insurance refinances with RBS
Regional broker plans to grow through acquisitions.
Carole Nash grows turnover to £26.2m
Motor broker sees 77% increase in pre tax profit according to results for 2015.
A & A Group rebrands as Complete Cover Group
The rebrand will provide the firm with the ability to support growth through additional channels.
Profits fall 46% for JLT
However revenue grows to £619.4m and profit drop is blamed on investment and exceptional costs.
#Insagepeople: 25 to 31 July 2016
Keep abreast of the movers and shakers in the insurance world this week.
Insurance Octopus bought by Verastar
Commercial broker has been acquired for an undisclosed sum by the service provider.
Brokers say FCA's AR attack “fair”
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Biba warns industry on using ARs
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
AR network leaders welcome thematic review findings
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
Quizzical questions: 22 July 2016
Test your knowledge of the week's news with our topical news quiz.
Broking Break: Your top five on a Friday
What were the most popular stories this week?
Best Employer line-up revealed
Winner to be announced at the UK Broker Awards in September.
Former broker Craig Tracey to become co-chair of APPG for Insurance and Financial Services
Former insurance broker Craig Tracey is to take over as co-chair of the All Party Parliamentary Group for Insurance and Financial Services.
Insurance industry awaits apprentice levy update
CII welcomes Robert Halfon’s appointment as government minister.
UKGlobal Risk Solutions targets expansion after ownership deal
Family of former Oval chief Phillip Hodson involved in deal.
LexisNexis Risk Solutions buys Insurance Initiatives Limited
The acquisition can help UK insurers win new opportunities with data and advanced analytics.
The new claims legislation that impacts brokers
Stephen Netherway warns that failure to comply with the Third Parties Act will lead to unwelcome costs.