Broker
Chris Hanks appointed non-exec at Jelf
Move follows on from Hanks’ appointment at Purple Partnership.
AA Insurance appoints Janet Connor from More Than as MD
Connor comes on board in newly created role.
Debt costs reduce Hastings’ profit
Business saw rise in GWP, customers and revenue in first quarter of 2014.
John Bennett retires from executive role at Howden
Bennett becomes non-executive director and interim chairman of Howden broking group boards.
Lucas Fettes partners with financial adviser firm to offer GI services
Foster Denovo seeking to enhance offering with relaunch.
Martin Oliver resigns as A&A Group chief
Leaving broker after two years in the top job.
Brokers warned that FCA review could signal 'significant fines'
Lawyer states regulator did not find "smoking gun" in review.
Stoke-based broker aiming to double headcount in two years
Target comes as Connect Insurance moves to new head office.
Lark partners with Law Society
Broker to supply motor product to Law Society members.
Smaller brokers should prepare for impact of FCA conflicts review
Compliance expert warns that whole market will be affected by review findings.
Broker conflicts are not properly managed, says FCA
Regulator looked into seven of the largest firms serving small business customers.
Motoring on
The biggest news this week for brokers was the news that RSA is reducing its personal lines motor book by 35%.
Mark Carney's insurance warning opens debate
BoE governor warned that insurance executives will be held to account over any issues.
Allianz cutting almost 100 jobs as it closes two branches
Provider to shut up shop in Milton Keynes and Bristol.
Brokerbility survey reveals improved insurer performance
Axa tops network’s poll of members.
FCA publishes claims thematic review in full
Regulator revealed initial findings in April of review into household and travel insurance claims handling.
BIBA Fever episode 5: So long and thanks for the jellybeans
One week on from the close of the British Insurance Brokers’ Association conference in Manchester and Insurance Age reflects on the event in the final episode of Biba Fever 2014.
Broker Direct commits to price match RSA personal motor business for members
Company vows to maintain deal for at least 12 months.
RSA reduces personal motor broker business by 35% and cuts 40 roles
Provider will downsize Belfast and Manchester operations.
Marsh appoints placement leader on SME business
Bramall moves from casualty placement role at broker.
Capital Z invests $50m in Lloyd’s broker owner BMS Associates
Investment to be used to expand broking and underwriting businesses.
Broker Network targets revealed
Towergate-owned network aiming to add 20 new members and lose "fewer than 12" in Q1.
FOS opened 400,000 PPI cases in past year
Cases around insurance, excluding PPI, fell 6%.
Video - part two: Spring Sentiment Survey 2014
Brokers’ responses to the key issues in Insurance Age’s Spring Sentiment Survey for 2014