News
Ex-Enterprise non-exec chairman Nick Cruz sues Gibraltar regulator for libel
Claim relates to comments made by the Gibraltar Financial Services Commission following the collapse of Enterprise Insurance in 2016.
Accident Exchange rebrands as AX
The move includes subsidiaries DCML, In-Car Cleverness and APU.
Acturis passes 20,000 users
Software specialist seeking new minority PE backer.
Saffron buys Farmer Insurance Brokers
Deal is Saffron's third since it was bought by Broker Network a year ago.
#Insagepeople: 14 - 18 January 2019
Stay up to date with the latest people moves.
MRIB buys Independents
First deal for Buckinghamshire-based broker since 2010.
NMU in specialist line-led restructure
Provider says reorganisation will not result in any branch closures and that it plans to keep existing staff wherever possible.
Value of insurance frauds in court last year topped 2014-17 combined
Insurance frauds in court hit £17m in 2018, says KPMG.
Unauthorised broker targets customers on Instagram
The FCA has issued a warning that GLC Car Insurance is targeting consumers in the UK through the social media platform.
Broker optimism creeps up
Growing positivity runs counter to wider financial services market sentiment.
Aviva grows mid-market appetite
The insurer has developed its proposition for businesses with between £5m and £100m in turnover.
Acturis set to seek new minority PE investor
Summit Partners invested in June 2010.
Podcast: The top five stories of the week
Ida Axling hosts the first show of 2019.
Insurance Cares: Zurich introduces service for customers with hearing difficulties
The provider has partnered with British Sign Language Specialists, Sign Live.
Quizzical questions: 11 January 2019
Test your knowledge of the week's news with our topical quiz.
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.