Broker
Iprism reduces debt as turnover grows
Operating profit rises at underwriting agency but post-tax profit falls.
The other results
August is renowned for a number of things (don’t worry, this isn’t another blog about the silly season).
Marsh appoints Canniffe and Kershaw to affinity and placement roles
Canniffe joins from BGL and Kershaw comes on board from Towergate.
Temple Legal awarded injunction against ex-underwriting director
Provider pursued former employee for attempting to use confidential data and poach clients.
Manchester Underwriting appoints Chue as claims manager
New recruit to work on UK and international business.
Gallagher rebrands its MGAs as Pen Underwriting
OIM Underwriting to be kept in distinct delegated authority underwriting division.
Bridge launches bespoke global division
Broker to offer service to clients trading in hostile environments.
Cobra boss launches reputation risk firm
RRSL enters insurance sector as Cobra appointed representative.
Towergate shake up puts 80 roles in East Anglia at risk
Consolidator clarifies that job losses will be part of previously announced 600.
Gallagher expands in Wales
Broker has created 35 jobs as it targets 110 new posts in Wales.
Changes to solicitors’ PI insurance limits delayed
Reduction in minimum cover rules will not be in place by October renewal season.
Biba launches insurance guide for MPs
Document designed to get politicians to promote brokers and help constituents with insurance.
QBE Europe sees GWP drop while COR stays flat
January and February UK floods cost provider over £85m.
Swinton acquires broker books in Wales
Firm says it is "always in the market" for deals.
FCA bans Oldbury broker
Abdul Razzaq prohibited from working in financial services industry.
Crash fraudster sentenced to four years
‘Cash for crash’ ringleaders get custodial sentences following involvement in 83 collisions.
A-Plan aiming to top 150 branches
Broker's chief exec confirms that private equity backer is looking at exit options.
Acquisitions back on the agenda at Open GI following MBO
Technology provider's chief exec says speed of transaction feels "a bit surreal".
Bond to lead Footman James
David Bond promoted to director of Towergate-owned Footman James.
James Hallam sells IFA arm
Somerville Financial Services picks up broker’s financial services operation.
Open GI in MBO
Parent company has teamed up with private equity house to make purchase.
AA research shows record yearly fall in motor premiums
AA says motor premiums falling but highlights extreme regional cost variations.
ABI members paid out record amount for weather claims in H1 2014
Trade body data shows total claims amount fell by 37% between first two quarters.
A-Plan posts rises in turnover and profit
High-street broker claims pipeline for branch openings remains strong as total reaches 72.