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Five more jump ship at Erinaceous

The exodus at Erinaceous continues with the news that five members of the troubled company’s Homelet sales team had joined Cullum Capital Ventures (CCV).

Three heads become one at VP

Stuart Reid has been appointed sole CEO of Venture Preference with immediate effect. Paul Meehan and Chris Blackham, formerly joint CEOs are leaving the company.

Scottish broker's independence assured with MBO

The independence of one of Scotland’s largest independent insurance brokers, Central Insurance Services, has been secured following a management buy out (MBO) supported by the Royal Bank of Scotland.

New network guide published

Broker Network has sponsored industry consultant Tony Cornell to produce a guide to help independent insurance brokers make an informed choice when joining a network.

CBG Group acquires niche broker

CBG Group, the Manchester based insurance broker, financial adviser and healthcare specialist, completed the acquisition of Barclay Brown Holdings, and it’s trading subsidiaries, on 18 January 2008.

Oval confirms FMW purchase

Oval has confirmed the acquisition of insurance broker and risk advisor FMW which follows the recent acquisition of Ipswich based cooksheppardpinhey marking a new Eastern regional foothold for the Oval group.

Towergate acquire online insurance agency

Towergate Partnership has acquired Insurance 4 Car Hire Agents (I4CH), an internet-based insurance agency providing specialist insurance products for the car rental market. I4CH will form part of Towergate’s Retail Division headed by Amanda Blanc.

THB pulls out of PWS acquisition deal

THB Group has announced that it has terminated discussions with the board of PWS Holdings for the acquisition of the Lloyd’s broking business of PWS International and overseas interests of the PWS group.

Contracts - Keeping your word

Covenants that enforce pre-determined contractual behaviours in ex-employees may find themselves as one of the big market issues this year. Frank Morton and Daniel Preddy delineate some important recent court cases in this area

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