Markel not going into broking following Caunce O'Hara deal
Divisional MD, Neil Galjaard, says Markel will retain the Caunce O'Hara brand and keep all twelve staff, after buying the broker's contractor and freelancer business.
Markel’s purchase of Caunce O’Hara’s direct business means it will have over 50,000 customers buying direct.
Markel revealed it was set to buy Caunce O’Hara’s contractor and freelancer business last week, subject to regulatory approval.
Divisional managing director for Markel UK, Neil Galjaard told Insurance Age: “We would hope that we would complete in November but we’re waiting to hear back from the FCA.”
Galjaard explained that Markel had been supplying Caunce O’Hara’s legal expenses
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
Meet the MGA: Aurora
Jan-Vincent Finn, co-founder and CEO of Aurora, explains how the MGA, named after the Northern Lights, plans to become the one-stop shop of all SME commercial lines using algorithmic insights.
Biba Conference 2024 countdown: Allianz’s Serge Raffard and Nadia Côté
Serge Raffard, MD of Allianz Personal, and Nadia Côté, MD of Allianz Commercial, reflect on what it’s like being one big family following the LV rebrand, rebuilding the Eiffel Tower sustainably on their stand and taking stock when the dust settles.
Bryson outlines one product, one platform, one rating ambition for RSA/NIG
Sonya Bryson, commercial lines managing director at RSA, has promised the insurer will not get lost being too inward looking as the integration with NIG proceeds, focusing instead on delivering for brokers as it seeks number one spot in the market.
Bspoke launches new division with fee protection product
Bspoke Group has rolled out a fee protection insurance product for the UK accountancy industry as it launched a new division, Bspoke Fee Protection, with Kevin Igoe recruited as managing director.
Arag posts 60% profit leap in run-up to Das UK integration
Legal expenses insurer Arag grew profit and turnover in 2023 as it readied itself for the takeover of Das UK.
Rebrand of LV Broker to Allianz goes live
Allianz has completed the rebrand of personal lines insurer LV Broker and revealed the appointment of Carolyn Rich to the newly created post of director of brand.
Brokers push for more from RSA/NIG
Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.
Motor still in spotlight as FOS confirms half-year GI complaints rise
The Financial Ombudsman Service has again flagged car and motorcycle insurance complaints as it calculated an 18% rise in general insurance cases.
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Brokers push for more from RSA/NIG
- Aviva’s David Martin on the art of the possible