Broker
SSP sale - US link to SSP private equity deal
Andrew Tjaardstra reports on the increase in the value of software houses that saw Towergate spend £275m on Open GI last year. Now, a private equity firm has splashed out almost £200m on SSP
A monthly look at who is moving where ...
Martyn Hughes has been made group finance director at Manchester-based broker CBG Group. Martyn has ...
Towergate raise £100m to fund proposed acquisition
Consolidator Towergate raised £100m to fund Towergate Financial's proposed acquisition of regional i...
Fusion founders depart
Company founders Kevin Pallett and Geoff Crisp have left Fusion Insurance Services, nearly three yea...
Hastings Direct and Equity Direct reveal closure of two of their five contact centres
Hastings Direct and Equity Direct have revealed that, subject to consultation, they will be closing ...
Equity Insurance completes two book acquisitions
Equity Insurance has completed two book acquisitions, transferring both personal lines and commercia...
Sterling to relocate commercial operation to West Malling
Sterling is to relocate its commercial operation from Romford to West Malling in order to accommodat...
Synergy Plus ready for more buys
Synergy Plus Group, established to acquire a group of insurance brokers, has completed its first buy...
New network name revealed
Broker Direct is set to launch a new network after securing capacity with five leading insurers, Insurance Age has learned.
Carers win new employment discrimination rights
Earlier this month the European Court of Justice delivered a landmark ruling giving carers the same employment discrimination rights as disabled people - exposing unprepared firms to a raft of compensation claims, warned Allianz Legal Protection.
Pallett and Crisp leave Fusion
Towergate executive chairman, Peter Cullum, confirmed today that Kevin Pallett and Geoff Crisp have left Fusion Insurance Services.
Countrywide confirms new MD
Network Countrywide has appointed Nick Haycock as managing director, as revealed by Insurance Age at the beginning of the month.
Towergate launches personal financial advisory model
Towergate Financial, a new financial advisory business launched under the Towergate brand, has raised over £100m to pursue its plans to acquire regional IFAs. Funding for the deal has largely been provided by The Royal Bank of Scotland, Lloyds TSB…
Equity makes further regional broker acquisitions
Equity Insurance Group has completed two further book acquisitions, transferring both personal lines and commercial accounts into its growing branch network.
Aon revamps public sector risks team
Aon has revamped its public sector risks team under new national head, Phil Tompsett. The goal is to bring further flair and commitment to public sector risk management to help reduce potentially crippling claims from rising litigation.
THB appoints James Truscott to head up Unicorn Underwriting
James Truscott will join the board of THB’s recently created underwriting agency, Unicorn Underwriting Limited as managing director.
Insurance Age on-air news review
Insurance Age news editor Sarah Hills provides a run down of the major news stories from the event - watch it now
PB Week: BIA winners in fine spirit
It was another late night on Wednesday at the British Insurance Awards writes Andrew Tjaardstra, editor of Professional Broking magazine. Entertainment at the Royal Albert Hall came from Rob Brydon, Britain’s Got Talent opera singer Paul Potts and Escala…
IAG UK restructures UK operations
Insurance Australia Group Limited (IAG), the owner of Equity Insurance Group, Hastings Direct and Advantage Insurance Company, has announced that, following a wide ranging strategic review, the company intends to restructure its UK operations to become a…
NFU appoints new non-executive director
Rural insurer NFU Mutual has appointed Beverley Hodson as a non-executive director.
Perkins Slade announce top management changes
Having recently announced that the company had discontinued its investigation of finding a merger partner and re-affirmed its strategy of remaining an independent Company, largely owned by its employees, the Perkins Slade Board has announced the…
Insurance Age on-air news review
Insurance Age news editor Sarah Hills provides a run down of the major news stories from the event - watch it now
Perkins Slade deliver structural response to collapse of takeover talks
Following the collapse of takeover talks with Oval, the Perkins Slade board, at its meeting in July, has shaken up its succession planning with two key appointments.
PB Week: never underestimate the value of relationships
Last week ended on a high with a trip to France for the Allianz south east region Golf Classic, writes Paul Samways. Whilst the golf course was superb, for me it was all about seeing old friends and meeting new ones and it served as a stark reminder of…