Broker
News analysis: Covid - The hard work has only just begun
SME coronavirus struggles start to hit home for the UK broker space
Trireme rebrands as Oxford Insurance Group
The group includes UK-based Oxford Insurance Brokers, James Hampden International Insurance brokers and MGB Insurance Brokers.
People Moves Round-up: 2- 6 November 2020
Keep up tp date with the latest people moves.
PIB's McManus lifts the lid on Erskine Murray lockdown deal
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.
MGAA seeking to “push accelerator” on membership
MD Mike Keating said the organisation will focus on its members developing broker relationships as the sector moves through a hard market.
C&C Insurance Brokers expands into the Midlands and opens Dudley office
The broker has hired Phil Caffery to head up the new branch.
Geo Underwriting expands into marine and leisure with deal
Ardonagh's MGA arm buys £8.5m GWP book of business from KGM.
Kingfisher gets green light to proceed with legal claim against Fresh sellers
Document shows Kingfisher expects to recover in excess of £10m in damages as it accuses the Fresh vendors of fraudulent misrepresentations.
Industry reminded of Covid-19 product value review deadline
The FCA warned insurers and brokers that any assessments must be completed by 3 December.
Erskine Murray joins PIB stable
All employees of the Leicester-headquartered broker will remain with the business following completion of PIB’s largest deal to date.
SMEs cut back on insurance spend amid Covid-19 financial struggles
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.
Alpha administrators in legal dispute with UK taxi broker
The case relates to premiums of over £3.9m collected by the broker before the unrated Danish insurer failed in 2018.
PIB makes 32nd deal
PIB Group has bought London-based real-estate insurance specialists, Arlington Insurance Services for an undisclosed sum.
James Hallam joins UNA Alliance
Broker becomes UNA's thirteenth network member.
Former Aston Scott boss joins Mactavish as MD
Heidi Carslaw, previously executive director at Aston Lark, joined Mactavish in September.
Aston Lark buys Birmingham broker
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 in director’s chair for £500m film and TV kick-start scheme
Marsh Commercial will help firms in the government Film and TV Production Restart Scheme find Covid-19 related insurance.
Advisory forum created to help small businesses recover post pandemic
Seven industry figures have joined the forum which was launched by Peach Pi to collaborate on improving relationships with consumers and within the industry.
Direct Insurance and Amicus agree settlement out of court
Amicus denied accusations of breach of contract and client poaching after DIG filed legal proceedings against the broker and an employee in July.
Aston Lark posts growth in turnover and Ebitda in 2019
The group now employs over 900 people in 30 offices across the UK and Ireland, placing £440m of gross written premium.
Trust in insurance sector plummets after BI case
The Financial Conduct Authority test case has seen a third of sector professionals believe faith in insurance has been “greatly reduced”.
People Moves Round-up: 19 - 23 October 2020
Keep up to date with the latest people moves.
Applied’s Fairchild plans organic growth
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.
BI dispute: RSA won't appeal on Resilience and two Eaton Gate wordings
The insurer is not challenging the judgement on three wordings as the coronavirus business interruption proceedings head to the Supreme Court.