Broker
Marsh's network merger will give brokers more options, claims network boss
David Hopwood promises the business "won't ignore" members' reasons for joining a particular network.
Ignite Systems launches broker chatbot service
Yoga Insurance Services, sister company of OneCall, has signed up as the first client.
Editor's letter - February 2020
Moving forward: After Brexit hysteria has waned, the industry has other pressing issues to tackle
People Moves Round-up: 3-7 February
Keep up to date with the latest market moves.
Opinion: Perry Appleton's Claire Russell on mental health in business
Time for action on mental health: As Insurance Age launches the Head Lines mental health campaign, broker and mental health expert Claire Russell shares her own experience.
Andy Fairchild joins Applied as European CEO
Software house says appointment of the former Broker Network boss is part of a plan to significantly grow its UK and Ireland operations.
GRP retains hub focus following Searchlight deal
The investment will help GRP continue to buy UK brokers according to newly promoted Mike Bruce.
News analysis: Insurer run-offs could leave brokers searching for capacity
As providers continue to pull out of unprofitable lines of business, a generation of brokers who have never known a hard market could struggle in a capacity crunch, industry experts have warned.
Searchlight Capital Partners takes majority stake in GRP
The deal sees founders Peter Cullum and David Margrett retain a minority stake in the company alongside Penta Capital.
JLT costs reach $6.8bn at Marsh
Financial results also show that revenue grew 10.2% at Marsh in 2019.
Profit soars at Aon in 2019
Broker also posts rise in revenue for the year as CEO Greg Case says business saw its strongest level of organic growth in over 15 years.
The Insurance Age Podcast: 31 January 2020
Laurence Eastham and Ida Axling discuss the most popular news stories this week, including changes at Marsh Commercial and Hiscox moving 300 staff out of London.
RFIB CEO exits ahead of Tysers integration
The decision is effective immediately and a management committee has been formed to lead the business in the interim.
Gallagher revenues continue to rise in 2019
Profit for the broking segment grew by 25%.
The Blog Spot: To merge or not to merge?
Ida Axling predicts further changes on the networks scene after Marsh Commercial combines its three propositions.
ABI reiterates call for government to slash IPT
Trade body's data shows motor insurance premiums rose again in the last quarter of 2019 with increases in IPT and changes to the discount rate driving up prices.
Ardonagh eyes international growth
David Ross reveals expansion hopes and confirms more M&A targets in the UK.
FCA warns of temporary permissions deadline as Brexit looms
There will be no change to EEA firms 'passporting' into the UK from tomorrow (31 January), but the temporary permissions regime will be used if the UK and EU fail to sign an agreement by 31 December 2020.
Three become one as Marsh Commercial restructures networks business
Marsh ProBroker, Bluefin Network and Purple Partnership to become single networks proposition led by David Hopwood as Marsh Commercial seeks to align more closely with Marsh.
News analysis: Why do brokers need to care about the FCA focus on D&I?
A recent letter from the regulator could indicate that it wants to widen its remit to include diversity and inclusion. Should brokers be worried? Martin Friel reports.
People Moves Round-up: 27-31 January 2020
Keep up to date with the latest market moves.
H&R Insurance Services buys APL Insurance Services
The deal was for an undisclosed sum and concluded at the end of 2019.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Saga looking at performance and cost efficiencies
Provider states 60% of new customers are choosing its three-year fixed price product as it publishes trading update for the last six months.