News
GRP buys Cavendish Munro
Deal extends Global Risk Partner’s reach in the retail broking space.
#Insagepeople - 6 - 10 June 2016
Keep abreast of the movers and shakers in the broker world this week.
Tysers reports 13.4% increase in revenue
Revenue rises to £46.8m according to the Lloyd’s broker.
Teenage ‘ghost broker’ jailed
A Walsall man has been sent to prison for a year for selling fake motor insurance.
Brexit poses “grave threat” to insurance market
Lloyd's, the International Underwriting Centre and Fidelis warn of 34,000 job losses and significant risk to London market if Britain leaves EU.
InsurTech Futures: Simply Business calls on brokers to develop own tech
The broker insists that ‘off the shelf’ software is not always the best solution.
Insurance sees 317% increase in data breaches
FOI request to Information Commissioner's Office reveals “worrying” increase in breaches for first six months of 2016.
UK Broker Awards trophy displayed in shop window
Community broker winner, Phil Evans of Coversure Llandrindod shares delight at trophy win.
InsurTech Futures: Meet the techies
Thomas Coles, CEO of provider Risk Solved explains how brokers should become “enlightened” to chase the new consumer.
Bluefin extends loss recovery deal with Lorega
The three-year-deal will see Lorega provide loss recovery cover for Bluefin Assist.
Gable rules out £10m Hogarth guarantee
Hogarth Underwriting Agencies will not provide the £10m regulatory capital for Gable as the CEO has advised it is “inappropriate”.
All Clear adds bereavement support to travel cover
Travel insurer adds support for serious illness and bereavement to its policies which are available via brokers.
PIB buys Channel Insurance Brokers
Guernsey-based firm is PIB's third acquisition.
InsurTech Futures: Insly targets UK insurance market
Broker software provider raises around £750,000 from angel investors as it looks to grow in the London insurance market.
Dunedin backs Kingsbridge Risk Solutions in private equity deal
Buyout sees former backer Livingbridge fully exit the broker.
Web domain ‘.broker’ now available
Brokers can use the domain instead of .com or .co.uk.
ITH launches terrorism travel cover
Brokers can access International Travel and Healthcare’s product through its back office platform.
NFP plans to buy more UK-based brokers over time
American consolidator recently purchased Linkfield Corporate Solutions in Birmingham.
#Insagepeople: 31 May to 5 June 2016
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Covered Insurance unveils on demand cover for learner drivers
Product to be the first launched on the broker's Insurance on Demand platform.
Former Zurich CEO Martin Senn dies
Zurich released a statement stating that Senn had committed suicide.
Man sentenced in £100,000 Mr Whippy van insurance fraud case
Police still trying to identify others behind the scam.
Jobs at risk at Towergate's Milton Keynes office
Broker moves all retail policies to other locations.
InsurTech Futures: Simply Business hosts hackathon
Company-wide hackathon generates ideas including Tinder for insurance and SimplyBot, language processing technology.