News
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.
Tysers hires new chief operating officer
Stuart Blakeborough joins the broker from Lancashire Insurance Group.
Broker Network targets expansion in Northern Ireland with new offering
Towergate-owned network aims to provide more support to Northern Irish members.
Brokers missing out on business, says claims company MD
Evoque's Ian Whittock warns on under insurance.
GRP backs Ropner Insurance Services MBO
Broker's growth plans will be supported by GRP.
C&C hires Paula Williams as operations director
Williams previously worked at Arthur J Gallagher.
William Hague among speakers at Biba 2015 conference
Other keynote speakers include Prof Brian Cox and Kevin Keegan.
Insurance Bill passed unanimously by MPs
The bill now awaits Royal Assent to become law.
Mark Walters to lead Gallagher's aviation division
Walters becomes executive director and has 18 years aviation experience at Marsh.
Gallagher posts 29% broking profit rise
Revenues and acquisition integration costs rise at global broker.
Davies Group reports rising profits
Loss adjuster's operating profit up by £2.9m compared to last year's results.
Ian Story to become interim CFO for Gallagher's international business
Mark Mugge is leaving the role.