Broker
Brokers’ own PI – a rock and a hard place
With pressure on terms and insurers not paying out on claims as readily as before, Charles Manchester warns that premiums for brokers’ own PI are on the rise
Brokers back FCA promise to work with Biba on regulation
FCA pledges to “work constructively” with Biba as trade body launches 2015 manifesto
Paper mountain of regulation for brokers
Whether or not you agree that protected no claims bonuses are an add-on, if implemented it means a lot more paper work for brokers, says William Hughes
Predictions of Armageddon have been totally wrong
Tony Cornell looks at the state of the nation from a commercial insurance perspective
Market moves: No rest for recruitment
There was no holiday break when it came to market moves. From management changes at Brightside to Gary Duggan leaving Paymentshield, there was no shortage of news involving personnel movements. Gallagher and Griffiths & Armour picked up staff from…
Towergate's future far from resolved, say industry figures
Some think a sell off of parts of the business is likely.
Gallagher should trade with Towergate, confirms Lyons
Interim chief executive hails “conclusion” of sales process as bringing stability to broker.
Towergate planning for up to £85m mis-selling bill for financial division
Potential payments relates to past advice given to customers on ETV and UCIS.
Towergate Ebitda drops 24% for 2014
Broking division posts 32% fall in Ebitda results.
Towergate secured creditors win race for consolidator
Deal will see debt cut by 60%.
Finch agrees three-year motor package with Alps
Alps will provide motor, legal and claims services to Finch clients.
Suitors line up for Towergate
Creditors group offers £1 plus £715m debt deal to buy consolidator
Willis deal “biggest” acquisition for Clark Thomson
Broker insists independence remains following the deal which also saw it join Willis Commercial Network.
Clark Thomson joins Willis network as it buys Scottish SME unit
Deal sees broker become member of Willis Commercial Network.
Henderson to open first office in Scotland
Six staff to be based in Glasgow.
Saga buys bike broker Bennetts for £26.26m
Deal takes firm up to approximately 20% of UK motorbike insurance market.
Wheatley regrets "shoot first" line
The FCA chief executive appears at hearing following the Davis Report.
Bennett Christmas buys book of business from Howden
The broker plans to grow to £20m in the next three years.
Brendan McManus in rumoured £199m Chaucer deal
Reports suggest that former Gallagher retail CEO has teamed up with Apollo to buy insurer’s £199m motor book.
Compass hires two to motor fleet business
Darren Grodent and Patrick Bartlett both have experience of the London market.
Lonmar takes HNW specialist from Aon
New recruit to focus on existing books and new business drive.
TEn Insurance reports strong 2014
Network states it had a 24.5% rise in GWP and over 20 new members.
Video: Blink on supporting broker growth
Richard Harrison, joint managing director of Blink Intermediary Solutions meets Insurance Age editor Emmanuel Kenning.
Stuart Williams and Grant Scott exit Cowens
Duo leave to focus on Evolve, a broker training and insurance advocacy service.