The Central Bank of Ireland imposes the fine for regulatory breaches relating to large loss claims and accounting irregularities.
Tanya Giles, of insurer Atradius, explains why the cover is growing in importance as uncertainty over Brexit dominates.
Second purchase for Boyd since it was bought by Broker Network in May 2017.
Wholesale unit to be rebranded as Tysers on 1 January 2019.
Two major players in the Northern Ireland market come together.
Figures published for County Group, Camberford Law, Alan & Thomas, Greens and more.
Turnover and profits rise as the broker sees progress across the board.
The market has also been keen to learn more, via sister site Insurance Hound, about business interruption, Brexit and construction plant theft.
A former Wrightsure associate director has joined the Gauntlet team to head up an Essex office focusing on bus and coach insurance.
Broker looking to digital for organic growth but is also ready to buy.
The deal follows Michael Rea’s promise that Gallagher would have another acquisition finalised before the end of 2018.
UK construction portfolio also ring-fenced from deal.
New Kick-Start offering comes with 90% government funding.
Insurance Age and Axa release the third in a series of whitepapers to help brokers and MGAs launch and manage schemes and delegated authorities.
However Mike Bruce points to 4% organic growth and suggests the business is on track to buy “double digit” businesses, including MGAs, in 2019.
Book was sold to build on existing foundations and to deliver a higher level of expertise.
This is the broker’s seventh purchase since it became Broker Network’s first “regional powerhouse” in October 2016.
The third episode of Insurance Age’s documentary series with Axa, Scheme Smart, focuses on what steps can be taken to future-proof schemes and delegated authorities and what sectors brokers can look to for future growth.
Consolidator bought the business in March.
Stay up to date with the latest people moves.
Costs of Gibbs Denley buy knocks profits.
Miles Smith and TUE Companies to keep own brands as separate businesses in expanded group.
The product is designed to help customers understand their terrorism risk and will be distributed via brokers.
“Game changing” offering set to go live in mid-January.