Broker
Be Wiser slams unrated insurers as it posts loss for 2018
Boss Mark Bower-Dyke says results were impacted by poor market conditions and unrated insurers charging low prices.
Brightside MGA Kitsune launches
The broker originally planned to go live with the MGA, which is targeting £20 - £25m GWP in the first year, in September 2017 but it was delayed due to changes to the Ogden rate.
Stackhouse deal may impact Gallagher UK's 2019 M&A activity
UK retail boss Michael Rea confirms plans to keep the Stackhouse Poland brand and states Gallagher will not close down branches or cut jobs following the deal.
SM&CR tops experts’ predictions as the 2019 regulatory issue for brokers
FCA fines show firms cannot take their eyes off the ball.
Jelf transfers personal lines business to A-Plan
Business from 26 Jelf branches has been moved to A-Plan with 59 Jelf staff redeployed to other roles within the Marsh-owned broker and 19 people joining A-Plan.
Marsh owners reveal $5bn debt plans for JLT deal
Six tranches of bonds the longest dated for 2049.
Coversure opens office in Castle Donington
Broker opened three new branches in 2018.
Hood Group teams up with Richard King's Ticker to enter telematics
Broker to offer sales and servicing provision to Ticker, which is backed by Match of the Day host Gary Lineker and Dragons Den investor Theo Paphitis.
FCA admits to concerns over private warnings as usage drops to zero
Freedom of Information request shows regulator has stopped using them.
Aston Lark confirms bankers appointed
The business, currently funded by Bowmark Capital, is seeking additional investment to secure its longer term acquisition pipeline.
Stackhouse boss lifts the lid on Gallagher deal
Group CEO Tim Johnson confirms that Stackhouse Poland executive chairman Jeremy Cary will leave the business in the near future.
Cobra snaps up 26% rise in profit for 2018
Holding company reports small uptick in revenue.
Granite to remain focused on organic growth
The business is not looking to buy following investment from Inflexion.
Talbot Jones Risk Solutions achieves chartered status
Broker says chartered status reflects its commitment to professional development.
Gallagher buys Stackhouse Poland
Deal is Gallagher's fifth since its UK M&A return in 2018.
InsurTech Futures: Kingsbridge buys on-demand PI provider Dinghy
Dinghy provides cover for freelance professionals and aims its products at the gig economy.
Inflexion takes minority stake in Granite Underwriting
Granite, which sits behind Acorn Insurance, specialises in niche motor cover.
Double digit growth for Coversure in 2018
Turnover and post-tax profit both rise.
FOS consulting on near doubling of levy
Ombudsman looking for 28% increase in income for 2019/20.
Broking break: Your top five
M&A is the standout topic of interest for brokers as we ring in the New Year.
Quizzical questions: 04 January 2019
Test your knowledge of the week's news with our topical quiz.
Insurance Rage: Ian Hughes on getting the industry off dual pricing "crack cocaine"
Should this be the insurance industry's New Year's resolution?
FCA fines down to £60.5m in 2018
Regulator’s annual total falls from £229.5m in 2017.
CPP Group and DeCyber launch online security products for sports clubs
New solutions are provided in combination with cyber cover from Lloyd’s and are available for brokers to sell.