Broker
Scheme news: Recent product launches home in on over-50s sector
Recent product enhancements and launches indicate industry appetite in the over-50s sector is increasing.
Second Insurance 360 insight study about to kick off
This summer, Insurance 360 - Insurance Age's sister industry insight unit - is conducting its second annual study of commercial insurers' performance on service to their brokers.
Flurry of broker buys completed before CGT hikes come into play
A raft of broker acquisitions were completed before the rise in Capital Gains Tax (CGT) came into force.
Moorhouse launches first start-up
Moorhouse Group chairman, Lyndon Wood, claimed that Moorhouse Enterprise gave brokers the flexibility networks lacked as he announced the launch of its first business.
Brokers banned by FSA for mishandling clients' money
The Financial Services Authority (FSA) has banned two broker directors - Delwyn Way of Shield Insurance Consultancy and Adrian Shillaker of Griffiths McAlister Insurance Brokers - for failing to adequately protect clients' money and assets.
L&G creditor product launch to bolster its top five ambitions
Legal & General (L&G) has stated its ambition to become a top five personal lines player as it unveiled plans for a new creditor product for brokers.
Fusion founders unveil new risk venture with support from Aspen
Regional brokers will be targeted by a new managing general agent (MGA) led by Fusion founders Kevin Pallett and Geoff Crisp.
Endorphin launch backs SMEs with consolidator alternative
Layton Blackham founder, Chris Blackham, has formed a boutique investment house to offer brokers a "realistic financial alternative to the consolidator route".
Broker start-ups face tough time ahead due to lack of faith
Broker start-ups face a tough start after new research revealed that nearly one in 10 companies will avoid trading with a business if it is less than a year old.
Hastings Direct in no rush to roll out branch network
Hastings Direct has denied speculation that its branch network plans have been shelved following continued delays to the project.
Acturis teams up with Summit Partners for European focus
Acturis has sold a minority stake in the company to 'growth equity' firm, Summit Partners, as it embarks on a European expansion strategy.
Industry divided over repercussions of rising IPT
The increase in Insurance Premium Tax (IPT) announced in the Government's emergency Budget has met with mixed reactions.
Halliwells in takeover talks amid cash crisis
Halliwells, the insurance litigation specialist, has confirmed it is in talks to sell the business after filing a notice to the courts of its intention to appoint an administrator.
Uncertainty for aggregator as CEO position remains vacant
Tesco Compare has refused to confirm whether it will fill its vacant chief executive position and has hinted that the site, which was heralded to become a top aggregator, may be marketed solely to the supermarket's customers in the future.
Light at the end of the FSCS levy tunnel?
It remains unclear whether brokers left reeling by huge increases in the Financial Services Compensation Scheme will be able to seek a retrospective reduction from the regulator.
Budget hits brokers hard
Brokers face a raft of additional costs following the coalition Government's emergency budget.
PB Week: All that hype
Well the World Cup is now about halfway through and it is a good time to reflect on how well it is going so far writes David Grant, deputy underwriter and head of distribution and operations at Equity Red Star.
QBE combines London Market personal accident teams
QBE has announced the merger of its direct and reinsurance personal accident teams to create a single London market unit with a combined GWP of £45m, operating out of Lloyd’s.
Henderson secures £4.5m finance facility
Lloyds TSB Corporate Markets has revealed that it provided Henderson Insurance Brokers with a £1m finance facility to aid its acquisition of Leeds-based broker Denny O'Hara.
Amlin strengthens specie team
Amlin has appointed James Farquhar as leading class underwriter, specie, with a brief to build up the account together with class underwriter, Rod Little.
Aviva introduces home contents calculator
Aviva has introduced a home contents calculator to Personal Best, its web-based personal lines portal for brokers.
Only one in four weddings insured
Only one in four weddings taking place this summer will be insured, despite around £20,000 splashed-out on the average ceremony, according to Datamonitor.
Swansea and West Wales CII president revealed
Sian Lynch, finance director of South West Wales insurance broker Antur Insurance, has stepped up to represent the insurance industry across Swansea and West Wales.
Health Shield appoints chief risk officer
Health cash plan provider, Health Shield, has appointed Courtney Marsh as its first chief risk officer.