News
Equity acquires Lincs broker
Representing its 15th regional purchase so far this year, Equity Insurance Group has acquired Cleethorpes broker, Martin Anderson Insurance Consultants.
Homeowners 'can't be bothered' shopping around for cover
Homeowners could be missing out on great deals by neglecting to shop around for their home contents or buildings policies according to a survey conducted by Sainsbury’s Home Insurance.
Venture Preference boosts GWP by £25m
Venture Preference (VP) has acquired two brokers through its Smart & Cook business and one via its Stuart Alexander business boosting the broker’s gross written premium (GWP) by £25m.
Allianz creates new retail division
Allianz Insurance has restructured its operation to create a new trading division focusing exclusively on the insurance needs of individual customers.
Fortis reports 12% GWP growth in first nine months
Fortis Insurance UK has reported a 12% increase in gross written premium £581.5m for first nine months 2007. The insurer said in a statement its growth has been driven by 20% year on year increase in GWP for private car and a 9% year on year increase in…
NU’s full small package business now on imarket.
The launch of residential property owners and pub & restaurant via the Acturis software house system takes Norwich Union’s (NU) integrated imarket products to five, along with tradesmen, shop, office and surgery.
Open and Towergate Unveil Future Plans
The chief executives of Towergate and Open International (Andy Homer and Phillip Bell) attended the Open User Group AGM last week to outline their plans for the business following the recent acquisition.
Equity maintains its Northern Ireland expansion plans
In line with its stated growth strategy, Equity Insurance Brokers has acquired County Antrim broker, Diamond Insurance.
Oval announces Allianz investment
Allianz Insurance has acquired a minority 10% equity share of broker, The Oval Group. The purchase will boost Oval’s ability to complete more of the growing number of acquisitions in their pipeline and allow some existing shareholders to take minor…
Jelf launches network partnership
Corporate consultancy Jelf Group has launched a collaboration between the Group and network professional, Bob Parkins - called ‘The Purple Partnership Ltd’.
Pierre Lefèvre leaves Groupama Insurances for Italy
Pierre Lefèvre has been appointed as CEO of Groupama’s Italian subsidiary companies: Groupama Assicurazioni, Groupama Vita and the newly acquired Nuova Tirrena. Initially, Mr Lefèvre will be leading the project to merge the two operations to form what…
Arrow Syndicate 1910 to enter Lloyd’s market
Arrow Syndicate 1910 (Arrow Syndicate) is to enter the Lloyd’s insurance market in January 2008. Arrow Syndicate, which is a Goldman Sachs business, has obtained approval in principle from the Lloyd’s Franchise Board to begin writing for the 2008 year of…
Norwich Union Insurance announces operational changes
Norwich Union (NU) Insurance has announced strategic changes to its operating model, designed to drive growth and improve service by making the most of its brands, distribution network and underwriting expertise.
James Hallam acquires London-based broker
James Hallam has acquired First Light Insurance Brokers. First Light are based in Docklands and employ a staff of 10 people focusing on business in the small to medium-sized enterprise (SME) sector.
Broker Network Acquires Member Firm
Broker Network has acquired commercial insurance brokers George Williams Insurance Services, the twenty-second acquisition to be made by the Group.
Manning Insurance Services becomes Broker Network member
Manning Insurance Services has joined the Broker Network.
Appointment at Norton Broker Services
Natalie Daniels has been promoted to key account manager at Norton Broker Services, while Jenni Mulg...
Appointment at ACE European Group
ACE European Group has promoted Wayne Harrington to become its UK and Ireland manager of environment...
Appointment at Financial Services Authority
The Financial Services Authority has recruited Chris Pond, currently chief executive of the National...
Appointment at OutRight
OutRight has recruited Geoff Carter as its managing director. ...
Henderson increases profits and seeks to expand
Leeds-based Henderson Insurance Brokers, which has gross written premium in excess of £100m and spec...
Broker Network rejects bid and buys two more
Last month Broker Network rejected an acquisition approach and bought two brokers of its own, Denbig...
Xbridge chooses Lombardi
Software house Lombardi has launched a new business process management system with the full support ...
CDL module to 'improve aggregator returns'
A pricing module created by software development house CDL promises to improve brokers' returns from...