News
Transactor reports first ever £1m Ebitda
Software company also breaks through £10m revenue barrier.
Cobra holding company posts rising revenue and profits
Bank debt drops by over £2m following disposals.
#insagepeople 9 - 15 January
Keep up to date with the latest people moves.
Octagon closes to new business
The Gibraltar-based firm switches from insurer to MGA and insists it is still solvent.
Transactor blames Brexit for hosting price rise
Software house says increase in hosting price is a result of the decline in value of the pound against the US dollar.
Quizzical questions: 6 January 2017
Test your knowledge of the week's news with our topical quiz.
Beazley adds pleasure craft cover to its e-trading platform
Policy can cover vessels worth up to £10m.
Broking Break: Your Top Five
The new year has kicked off with a slew of acquisition stories and the possibility of a broker seeing part of his life made into a Hollywood film.
Barbican Protect launches marine insurance division targeting SME business
Sarah Joiner appointed as marine underwriter.
Alex Alway joins Compass
The former CEO of Jelf has been appointed executive chairman of Compass Broker Holdings as Jelf GI boss also set to exit.
Sure Thing! posts £7.6m pre-tax loss for 2016
The results which showed a turnover increase to £4.8m are in line with expectations according to the motor broker.
Meet the techies: Freddy MacNamara warns brokers could be history in ten years
Cuvva CEO Freddy MacNamara predicts that tech could change broking forever and calls on brokers to understand insurtech now.
Fear of cyber-attacks drives sale of insurance up 50%
Total written premium for cyber insurance globally today is estimated at £2bn.
Finch Group buys Citymain Insurance Services
It is the first acquisition for the Broker Network member.
PIB buys TFP Schemes
The deal was for an undisclosed sum with PIB stating it will strengthen its MGA proposition.
Keith Frampton appointed as chairman of Biba's motor trade panel
Frampton will replace George Nicol who has now retired.
B.P. Marsh sells Besso stake to BGC Partners
Deal values broker at £70.5m.
Qdos Vantage partners with Tokio Marine HCC - International
Accountancy scheme provider says the move will expand distribution capability in the UK.
Broker Arron Banks’ Brexit film in works
Film company in talks to buy rights to Go Skippy owner Arron Banks’ "Bad Boys of Brexit" book.
Axa reveals £70m hit from Bluefin deal
Marsh to combine Jelf and Bluefin to be led by Phil Barton.
Abbey Insurance Brokers posts loss after restructuring costs
Company reports rise in turnover and Ebitda.
FSCS pays £26m to Enterprise customers
The body revealed payments had been made through brokers and directly following the liquidator cancelling Enterprise policies.
#insagepeople: 3 - 6 January 2017
Keep up to date with all the latest people moves.
Miller appoints Greg Collins as CEO
Current CEO Graham Clarke to take up non-executive chairman position.