Broker
Management team buys Hayes Parsons
Managing director James Woollam plans to grow the business further in its specialist fields.
FCA consults on FSCS management levy
FCA proposes management costs of £74.4m for Financial Services Compensation Scheme.
NCI takes sales chief from Broker Network
Two new starters tasked with pushing growth plans including schemes with brokers.
Hyperion increases revenue by 19% to £199m
Company is still in advanced merger talks with R K Harrison.
Optimism falls amongst brokers and insurers
Financial services survey shows optimism is down but business volume and profitability is up.
Creditors offer £1 plus debt for Towergate
Formal offer submitted but Towergate still open to further approaches.
Close Brothers Premium Finance adds to electronic system for brokers
Firm says it expects to receive 90% of agreements electronically by the end of 2015.
The Insurance Bill: What brokers need to know
Terry Renouf, partner at law firm BLM, picks out some key points from the Insurance Bill, and outlines some of the details brokers need to know about.
Moneysupermarket predicts £95m profits for 2014
Insurance revenue set to hit £138m.
Alan & Thomas buys Bennetts Commercial
Broker buys fellow Brokerbility member, Basingstoke-based Bennetts Commercial as it seeks to grow in south west.
Biba launches young broker steering group
The group will provide guidance and resources to younger members of the trade body.
Hiscox to buy MGA and HNW provider from R&Q
Deal expected to complete this quarter of 2015.
Staveley Head hires two for growth push in 2015
Lisa Bainbridge and Susan Rowland join the broking firm.
2014 strong year for SMEs
But research shows that over 200,000 companies in the UK are not covered by insurance.
Appointment for Hugh J Boswell
Former-Aviva man joins broker’s Norwich office as it seeks to grow education and marine specialisms.
Cinven buys Premium Credit for £462m
Andrew Doman stays as chief executive following private equity deal.
Bishop Skinner Marine hires new managing director
Paul Birch brings experience from Amlin and Devitt to the Bluefin subsidiary.
Phillip Walter leaves CEO role at Avantia Insurance
New CEO expected to be confirmed before the end of the week.
Damian Keeling joins Principal Insurance as chairman
Keeling has extensive experience including working as managing director of Carole Nash.
Markham moves from Henderson to Bluefin
New sales director also previously worked at Towergate.
Rural appoints Cooper from Gallagher as operations chief
New recruit brings 15 years of experience to the role.
Insurance salaries lagging behind other sectors
Only 6% of employees in the insurance sector received pay rises in 2014.
Lorica reports £2.56m loss
Broker predicts profits by March 2016.
FCA insurance fines down 28.5% to £31.96m in 2014
Broker-specific fines fall from £9.76m in 2013 to £1.3m last year.