News
BLW boss Brett Sainty joins Biba advisory board
Sainty joins the International and Wholesale Brokers’ Advisory Board, which provides advice and counsel on matters affecting international and wholesale market brokers and acts as a sounding board to the main Biba board.
Meeting private equity: Tom Elliott, Bowmark Capital
Private equity is driving an M&A boom in UK broking but often we don't know who is behind it. Insurance Age gets to know the key figures.
Peter Hubbard exits Be Wiser
The move follows staff at the motor broker being put under consultation last week.
Eldon/Leave EU ICO fine appeals dismissed
The broker, now known as Somerset Bridge, still faces a fine of £60,000 and the Leave organisation, which campaigned for Brexit, faces a £45,000 fine.
FCA and insurers disagree on how to interpret Supreme Court BI ruling
Regulator says Supreme Court decision gives insurers the clarity they need to conclude their claims processes with most of their BI customers but a few issues still remain as parties make written submissions to the Supreme Court.
Ardonagh makes Australian move
Resilium, a network with 150 ARs across Australia, has joined the consolidator.
Gauntlet looks to sign up more ARs with new de-authorisation proposition
The offering is aimed at smaller brokers struggling to cope with the Covid-19 lockdown and sees Gauntlet taking over responsibility for IT, compliance and client money handling.
Beazley launches media production contingency suite
The products are designed to protect producers against the risks that can cause films, TV and other forms of programming to be called off or delayed.
Simply Business teams up with Equipsme for health plan push
Simply Business has partnered with insurtech MGA Equipsme to allow its customers to directly purchase health insurance plans online for the first time.
Interview: Willis Insurance and Risk Management
Managing director Richard Willis tells Ida Axling about the broker’s acquisition and growth plans and reveals the thinking behind launching a new MGA offering.
Gallagher names Chris Patterson as regional MD for the North West
Move follows Gallagher's purchase of Bollington earlier this year and will see Patterson lead the broker's offices in Liverpool, Manchester, Sale and Chester.
IPT-threat level raised
The “soft target” tax is under threat amid economic uncertainty but the sector is still arguing for a cut or a freeze.
Be Wiser to slash staff numbers amid restructure
All 280 staff are under consultation as the business looks to reorganise following a series of losses and a "tough" pandemic.
Zurich UK reports 75% fall in GI operating profit for 2020
Combined operating ratio for the UK business deteriorated to 97.8%, but GWP was up by 11%.
Acturis develops tablet optimised app
The software house said the addition extends mobile working capabilities for its customers.
Aqueous unveils lockdown unoccupancy cover for retail and hospitality clients
MGA says cover will be triggered automatically in the event of a new lockdown of any duration, without the need for the broker to request it.
Woolard to exit FCA for EY
The former interim CEO is set to join the consultancy in April.
Inperio teams up with Thirdfort on solicitors' PI solution
New offering, which is distributed via brokers, will see Inperio offer reduced premiums for firms using Thirdfort's digital ID platform, with the aim to cut the risk of identity fraud.
Neil Robertson set for Canopius CEO role
Robertson joins from Axa XL as group deputy CEO and will become group CEO after a transition period, taking over from Michael Watson who will continue as chairman.
People Moves: 8 - 12 February 2021
The latest personnel changes in the insurance space.
Aviva expands broker apprenticeship programme
The provider is offering a job swap or placement to participants in the programme.
Intact's RSA takeover "on track" to complete in Q2 2021
RSA shareholders voted to approve the deal last month.
SRG buys trade credit specialist
The Channel Partnership was founded in 1992 and is SRG's third deal this year.
Kingfisher denies "bad faith" dismissals amid legal row with Fresh-sellers
The dispute centres around accusations of misconduct, data breaches and misuse of the MyLicence platform at Fresh, which was bought by Kingfisher in 2018.