Commercial
Circle expands again in 2018
Turnover and profits rise as the broker sees progress across the board.
Subsidence to schemes – the industry issues brokers clicked on in October and November
The market has also been keen to learn more, via sister site Insurance Hound, about business interruption, Brexit and construction plant theft.
Gauntlet opens southern hub
A former Wrightsure associate director has joined the Gauntlet team to head up an Essex office focusing on bus and coach insurance.
Brightside targeting £250m GWP within five years
Broker looking to digital for organic growth but is also ready to buy.
Gallagher buys Pavey Group
The deal follows Michael Rea’s promise that Gallagher would have another acquisition finalised before the end of 2018.
Fusion sports team moves into Geo Specialty after Ardonagh sale
UK construction portfolio also ring-fenced from deal.
Wiser Academy launches heavily subsidised training programme for brokers
New Kick-Start offering comes with 90% government funding.
New whitepaper advises on how to future proof your scheme business
Insurance Age and Axa release the third in a series of whitepapers to help brokers and MGAs launch and manage schemes and delegated authorities.
Statutory pre-tax loss of £20m for GRP
However Mike Bruce points to 4% organic growth and suggests the business is on track to buy “double digit” businesses, including MGAs, in 2019.
SEIB buys Greenwood Moreland Insurance Brokers' equine book
Book was sold to build on existing foundations and to deliver a higher level of expertise.
Finch Group buys Southampton-based Specialist Insurance Agency
This is the broker’s seventh purchase since it became Broker Network’s first “regional powerhouse” in October 2016.
Video: Scheme Smart - How To Future-Proof Your Scheme
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.
PIB reveals new structure with Lorica
Consolidator bought the business in March.
#Insagepeople: 3 - 7 December 2018
Stay up to date with the latest people moves.
Turnover up at One Broker for 2018
Costs of Gibbs Denley buy knocks profits.
Miles Smith backers buy The Underwriting Exchange and LIME
Miles Smith and TUE Companies to keep own brands as separate businesses in expanded group.
Chubb launches terrorism risk management tool
The product is designed to help customers understand their terrorism risk and will be distributed via brokers.
Ceta targeting up to 500 brokers with new online non-standard property service
“Game changing” offering set to go live in mid-January.
Helen Bryant to lead on SME and corporate partnerships at Allianz as David Martin departs
Martin leaving for Zurich to become MD of UK retail business.
Ardonagh maintains organic growth as losses shrink
Performance breakdown shows improved retention and new business figures.
Yutree makes first ever acquisition
Broker buys Real Insurance Solutions in Cambridge.
The Blog Spot: Did you spot Amanda Blanc's first big move at Zurich?
Is the appointment of David Martin from Allianz the first pointer of what brokers can expect from Amanda Blanc's Zurich?
Video: Escape of water
Home & Legacy’s Andy Reid tells Insurance Age how brokers can protect their clients.
Unrated Danish insurer goes into liquidation
Portfolios put into run-off with Darag.