SME coronavirus struggles start to hit home for the UK broker space
The group includes UK-based Oxford Insurance Brokers, James Hampden International Insurance brokers and MGB Insurance Brokers.
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The CEO tells Insurance Age how the deal came about and discusses plans for the future and how the pandemic is slowing the buying process down.
MD Mike Keating said the organisation will focus on its members developing broker relationships as the sector moves through a hard market.
The broker has hired Phil Caffery to head up the new branch.
Ardonagh's MGA arm buys £8.5m GWP book of business from KGM.
Document shows Kingfisher expects to recover in excess of £10m in damages as it accuses the Fresh vendors of fraudulent misrepresentations.
The FCA warned insurers and brokers that any assessments must be completed by 3 December.
All employees of the Leicester-headquartered broker will remain with the business following completion of PIB’s largest deal to date.
Research from Premium Credit shows over half of SMEs have stopped paying for covers including employers' liability and professional indemnity as well as business interruption.
The case relates to premiums of over £3.9m collected by the broker before the unrated Danish insurer failed in 2018.
PIB Group has bought London-based real-estate insurance specialists, Arlington Insurance Services for an undisclosed sum.
Broker becomes UNA's thirteenth network member.
Heidi Carslaw, previously executive director at Aston Lark, joined Mactavish in September.
Group CEO Peter Blanc says the business has a number of more deals in diligence after seeing an uptick in enquiries as a result of the pandemic.
Marsh Commercial will help firms in the government Film and TV Production Restart Scheme find Covid-19 related insurance.
Seven industry figures have joined the forum which was launched by Peach Pi to collaborate on improving relationships with consumers and within the industry.
Amicus denied accusations of breach of contract and client poaching after DIG filed legal proceedings against the broker and an employee in July.
The group now employs over 900 people in 30 offices across the UK and Ireland, placing £440m of gross written premium.
The Financial Conduct Authority test case has seen a third of sector professionals believe faith in insurance has been “greatly reduced”.
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But doesn’t rule out acquisitions as he praises Google investment for helping the software house develop a more open platform and hails Howden’s A-Plan deal.
The insurer is not challenging the judgement on three wordings as the coronavirus business interruption proceedings head to the Supreme Court.