Broker
Towergate sold Folgate for £1.9m
Troubled Towergate sold Folgate for £1.9m in August to APC.
Marsh takes three from Willis in Scotland push
Broker adds four people to its Edinburgh and Aberdeen offices.
Fitch downgrades Towergate
Ratings agency also keeping a negative watch on the company.
Troubled consolidator tight lipped over bidders
Hunt for new CEO suspended.
Towergate plays down cashflow fears
Troubled consolidator holding talks with bankers.
Marsh tipped as front runner for Towergate takeover talks
Mounting speculation in broker market as to who could buy the troubled consolidator.
Towergate up for grabs
Could the broker be split into bits?
Towergate’s net borrowings hit £977.5m
Bondholder report shows a total loss of £85.9m for the third quarter of the year.
Towergate broker division reports 18% fall in operating earnings
Broker Network’s earnings also dropped, by 4% according to Q3 results.
Towergate admits to operational cash flow "uncertainties"
Bondholder report shows net cash outflow of £59m before financing.
Towergate losses increase as income falls
Consolidator confirms takeover "approaches".
Towergate confirms takeover bid approaches
Consolidator appoints Evercore and Rothschild as joint advisers.
Howden buys Liverpool-based Powell Bateson
Firm specialises in construction and property business.
Hamilton and Sportscover confirm takeover deal
Insurer to take over Sportscover’s managing agent and Lloyd’s broker.
Brokerbility to expand in Scotland
The network plans to double its business in the country by January 2015.
Aon votes through $5bn share buyback programme
New powers in addition to ongoing $1.1bn programme.
FCA review prompts firms to commit to improving complaints handling
Regulator identifies areas requiring further improvement.
TEn Insurance now owned by employees
Firm says completing the move to employee-ownership trust will benefit all staff.
Hiscox teams with broker on cycle product
Butterworth Spengler works with insurer to develop cycle insurance product.
Brightside takes Gardner from Lloyds TSB
New recruit to underwrite home insurance as broker targets “key growth area” for 2015.
GS Group hires two ahead of expansion push
Broker targets business in North-East Scotland.
FCA warns brokers on financial crime risk
Regulator carried out review which shows bribery and corruption risk not managed effectively.
EPG launches new Lloyd's broker
Shepherd Compello to target specialist services such as marine cargo.
Miller targets insurance for membership and affinity schemes
Three staff recruited by the broker will arrange cover from London.