News
Shuker and Barton reveal details of deal
Shuker’s A-Plan has taken on the personal lines business for Jelf and Barton explains that moving the business to call-centre focused broker would have been a “retrograde step”.
Hyperion CEO David Howden “over the moon” at 2018 results
Double digit growth in revenue and Ebitda.
Coversure poised to start M&A activity
Bob Darling says organic growth continues as demand for advice remains strong.
Be Wiser slams unrated insurers as it posts loss for 2018
Boss Mark Bower-Dyke says results were impacted by poor market conditions and unrated insurers charging low prices.
Brightside MGA Kitsune launches
The broker originally planned to go live with the MGA, which is targeting £20 - £25m GWP in the first year, in September 2017 but it was delayed due to changes to the Ogden rate.
Stackhouse deal may impact Gallagher UK's 2019 M&A activity
UK retail boss Michael Rea confirms plans to keep the Stackhouse Poland brand and states Gallagher will not close down branches or cut jobs following the deal.
SM&CR tops experts’ predictions as the 2019 regulatory issue for brokers
FCA fines show firms cannot take their eyes off the ball.
Jelf transfers personal lines business to A-Plan
Business from 26 Jelf branches has been moved to A-Plan with 59 Jelf staff redeployed to other roles within the Marsh-owned broker and 19 people joining A-Plan.
Marsh owners reveal $5bn debt plans for JLT deal
Six tranches of bonds the longest dated for 2049.
Coversure opens office in Castle Donington
Broker opened three new branches in 2018.
Hood Group teams up with Richard King's Ticker to enter telematics
Broker to offer sales and servicing provision to Ticker, which is backed by Match of the Day host Gary Lineker and Dragons Den investor Theo Paphitis.
FCA admits to concerns over private warnings as usage drops to zero
Freedom of Information request shows regulator has stopped using them.
Aston Lark confirms bankers appointed
The business, currently funded by Bowmark Capital, is seeking additional investment to secure its longer term acquisition pipeline.
Stackhouse boss lifts the lid on Gallagher deal
Group CEO Tim Johnson confirms that Stackhouse Poland executive chairman Jeremy Cary will leave the business in the near future.
CFC expands cyber product
Business interruption has been added along with cover for cybercrime.
Cobra snaps up 26% rise in profit for 2018
Holding company reports small uptick in revenue.
Granite to remain focused on organic growth
The business is not looking to buy following investment from Inflexion.
#Insagepeople: 07 - 11 January 2019
Stay up to date with the latest people moves.
Talbot Jones Risk Solutions achieves chartered status
Broker says chartered status reflects its commitment to professional development.
Home & Legacy adds motor to e-trading platform
HNW specialist says refreshed product will deliver quotes to brokers faster.
Gallagher buys Stackhouse Poland
Deal is Gallagher's fifth since its UK M&A return in 2018.
InsurTech Futures: Kingsbridge buys on-demand PI provider Dinghy
Dinghy provides cover for freelance professionals and aims its products at the gig economy.
Inflexion takes minority stake in Granite Underwriting
Granite, which sits behind Acorn Insurance, specialises in niche motor cover.
Double digit growth for Coversure in 2018
Turnover and post-tax profit both rise.