News
Fusion adds seven in Leeds
Commercial underwriting company also transfers four staff to Leeds branch.
Gallagher chief Ross named as Towergate boss
Move follows hot on the heels of last week’s takeover by unsecured creditors.
Catlin Group sees pre-tax profits rise 13% in 2014
GWP rises as COR slips slightly.
David Edwards Insurance Brokers rebrands
Family-owned firm launches as Edwards Insurance Brokers.
Gallagher's David Ross rumoured to be set to lead Towergate
Gallagher's boss could step across into role that has been vacant since October last year.
Aon creates SME business unit
Broker reveals additional focus on affinity sector.
Paul Evans steps down from Bluefin holding company board
Replacement due to be confirmed in due course.
Wood swaps IFED for Hastings Direct
New recruit to lead specialist investigation team at the insurer.
Principal Insurance to enter Dublin motorcycle market
Broker reveals intention to expand into more niche areas.
Howden launches professional indemnity product
Product targets surveyor with Howden citing challenging market conditions.
Liberty Mutual promotes Cook to head UK commercial development
Cook to lead development team based across Glasgow, Manchester, Leeds, Birmingham, London and Bristol.
Lyons hails “excellent outcome” for Towergate as deal agreed
CEO search to start on Monday.
Towergate confirms takeover decision
Deal involves “consensual” restructuring agreement between senior secured and senior unsecured creditors.
Towergate board approves deal, reports Reuters
Deal would see unsecured creditors win the race for the broker.
Marsh & McLennan profit reaches $1.47bn
Marsh sees revenues rise as division's operating income also increases.
Pen Underwriting boss confident of broker support after Evolution purchase
Brand to be kept in the short term as Mark Armitage says all MGAs will rebrand to Pen Underwriting over time.
Aon delivers $1.4bn in profit
Revenues also up for broking giant.
Pen Underwriting buys Evolution Underwriting Group
Gallagher-owned MGA says it will benefit from Evolution's online trading platform.
Cost of home and motor insurance fell in 2014
Reducing premiums led to lower costs for customers and SMEs.
Aspen posts $355.8m profit for 2014
Insurance division delivers increased GWP and improved COR.
LexisNexis no claims database aiming for 90% market coverage by year end
Technology firm says insurers and brokers loading data daily.
New MGA targets HNW market
Horizon expects to be a substantial player in the high net worth homeowners' market within three years.
Beazley's GWP up 3% to $2.02bn in 2014
COR worsens to 89% last year compared with 84% in 2013.
Towergate takeover takes dramatic twist
Reports suggest unsecured creditors in deal to take hold of the troubled consolidator.