Broker
FCA reveals financial resilience of brokers amid Covid-19
Survey shows that 43% of brokers used furlough scheme while 19% accessed other forms of government support when coronavirus pandemic hit.
Ataraxia targets ten more deals in 2021
MD Adam Boakes discusses its most recent investment, working with Peter Cullum-backed Minority Venture Partners and how the pandemic has affected the business.
Jensten reports loss in first full year results
The figures follow the management buy-out and include all areas of the business formerly known as Coversure.
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Lickens steps down as Clear CEO
Howard Lickens will move to the role of executive chairman as former A-Plan MD, Mike Edgeley takes up the CEO mantle.
Specialist Risk Group acquires equestrian broker
KBIS was established in 1991 and specialises in horse, horsebox and trailer and equestrian business cover.
Compass London Markets teams up with Bishopsgate Insurance Brokers
Parent company Ardonagh says move will give UK brokers access to the Lloyd's market and follows its deal to buy Compass owner Bravo Group in August 2020.
GRP buys Birmingham broker
Global Risk Partners (GRP) has purchased Newstead Insurance Brokers for an undisclosed sum.
Saga Insurance CEO exits
Group CEO Euan Sutherland takes over on an interim basis while the business searches for a replacement for Cheryl Agius, who is stepping down for personal reasons.
Aston Lark buys superyacht specialist broker
Lloyd's broker CRS Yachts will join Aston Lark's European business.
Partners& buys Focus Oxford Risk Management
The business specialises in science and technology and private clients.
Brexit deal “no use” to brokers
As expected the thin agreement offers very little clarity for the UK broker space.
European Commission to review $30bn Aon/WTW deal
Aon confirms the European watchdog has launched a Phase II review of the merger but insists it is still "on track" to close the combination in the first half of 2021.
Ataraxia backs merger of Alan Stevenson Partnership and Seacombe Insurance Brokers
Peter Cullum-backed Ataraxia and Minority Venture Partners have both invested in the merged broking firms which are based in Altrincham.
Specialist Risk Group bought by private equity
Miles Smith-owner has been purchased subject to regulatory approval.
Q&A - Ian Donaldson
The Atlanta CEO reviews the past 12 months and concludes 2021 should be about more than Ebitda and KPIs.
Marmalade unveils pay-as-you-go policy for young drivers
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.
Blog: Investing in tech crucial to broker performance
The pandemic was a clear sign for all that the broker must embrace a tech culture, writes Principal MD Dave Bowcock.
Worry+Peace launches new platform
The business says the tool, which is targeted at brokers, insurers and MGAs, is designed for non-core business lines where a fully e-traded system would be too expensive.
Q&A - Michael Rea
The CEO of UK retail, Gallagher weighs in on a turbulent 2020 and looks ahead to next year.
Lloyd’s and Parsyl launch insurance for distribution of Covid-19 vaccines
Public-private collaboration, including 14 global (re)insurers, addresses critical risks faced by Covid-19 vaccines and other health commodities during distribution
FCA bares teeth on insurance product value as it launches thematic review
Brokers have just three weeks to respond to the watchdog as it zones in on Covid-19 response, product value and customer service.
Fresh sellers hit back and deny misleading Kingfisher
The group issued a raft of denials and counter claims following Kingfisher accusations of misconduct, data breaches and misuse of the MyLicence platform.
Silence on rumoured Gallagher/Bollington deal
Gallagher declined to comment on reports that it was in advanced discussions with the Manchester-headquartered business.