Broker
CFC management go it alone following MBO
The management team at CFC Underwriting, the cyber risk specialist MGA, have completed a management buyout of the company from the Hyperion Insurance Group.
Video: What The Papers Say latest edition
On the sofa this month are Graeme Trudgill, head of corporate affairs at the British Insurance Brokers' Association and Jonathan Swift, editor in chief of Incisive Media's insurance division.
Paymentshield targets online system to attract brokers
Paymentshield is to invest over £2m in its Inertia Online System and overhaul its insurer panel as it bids to enhance the products and services it offers to brokers.
E Coleman buys Foster Leighton and targets expansion into Cornwall
Poole-based broker E Coleman has acquired Foster Leighton in Exeter for an undisclosed sum.
Jelf off to a positive start in 2012
Jelf has reported a "positive start to the year" in a trading update.
Chartis Europe sees reduced profit and GWP but improved COR
Chartis Europe has reported a fall in profit for the year ended November 2011 to £11m, compared with £101m in 2010.
Iprism returns to profit with doubled turnover
Iprism Underwriting Agency has reported a jump back to profit, with earnings of £2.1m for the year ended December 2011, compared with a loss of £0.8m in 2010.
Home Secretary gives backing to Biba and ABI signposting initiative
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have revealed a government backed signposting agreement which they claim will make it easier for older customers to find motor and travel insurance.
QBE reveals expansion plans to brokers
Ash Bathia, chief underwriting officer at QBE for property, casualty and motor, has told brokers to expect more engagement and products from the provider after its acquisition of Brit’s UK regional business.
NIG aims to expand in Scottish market
NIG plans to invest in its Scottish operation and grow its Glasgow-based team following feedback from brokers in the Scottish commercial and SME market.
Brokers welcome QBE takeover of Brit's UK regional business
Brokers have given a uniformly positive reaction to the takeover by QBE of Brit’s UK regional business describing it as good news for both brokers and insurers.
RK Harrison reports jump in profit
RK Harrison Holdings has reported an operating profit of £20.4m for the year ended 30 June 2011, up 27% from £16.1m reported in 2010.
Cobra confirms bid negotiations with Towergate
Cobra Holdings has confirmed that it is co-operating with Towergate and a company formed by chief executive Stephen Burrows over pre-offer enquiries.
Video: Insurance Age meets Birmingham brokers
Insurance Age has launched the first of its new roadshow series interviewing regional brokers on the issues affecting their businesses.
Marsh and Guy Carpenter team up to tackle flood insurance drought
Marsh and Guy Carpenter have joined forces with digital mapping and land data intelligence provider Landmark Information Group to create a new flood risk reinsurance pool.
The new breed of consolidator
With management changes at some of the country’s largest brokers, the consolidator model is evolving
ALPS signs up two Norwich brokers
Norwich-based brokers Alan Boswell and Knowlden Titlow have signed up with Auto Legal Protection Services (ALPS) for motor insurance claims handling.
Giles up against Acromas in bid for Groupama's UK broking arm
Giles and Acromas have both filed bids to buy part of the UK arm of Groupama, according to the Independent.
Oliver to be UK CEO at A&A
Martin Oliver has confirmed to Insurance Age that he will become the new UK chief executive officer at Allen & Allen group once he has completed his notice period at Barbon.
Martin Oliver to leave Barbon
Barbon has announced that group chief executive officer, Martin Oliver, is to leave the business.
JLT adds Towergate man to Nottingham team
JLT has appointed Steve Exwood as partner in its Nottingham risk practice team.
Hodges lifts the lid on joining Towergate
Mark Hodges has revealed that when he was first approached to leave Aviva for Towergate he felt he needed to make sure there would be a meeting of minds on how to progress the broker’s business.
Aspen adds underwriting expertise to Manchester office
Aspen Risk Management has appointed Steve Cheshire as head of underwriting for its North of England business.
In search of confidence
If the past week has shown anything it is the need for confidence.