News
Towergate issues bondholder call for bids
Broker writes to bondholders to invite bids to buy the business.
FCA cancels trading permission for Coffin Insurance Services
Regulator not satisfied CIS conducts its affairs in a sound and prudent manner.
PowerPlace expands sales team
Peter Bowen is promoted to broker sales manager for the UK and Mark Legge joins as account manager.
BJP employs deputy MD
Construction broker has appointed Andrew Brown to the newly-created role to assist with growth of the business.
Alan Sanderson joins Cardif Pinnacle
Sanderson takes up chief commercial officer role.
Prestige takes two from Towergate
Alison Williams, Suzanne Meare and Tim Baxter join the firm and Gillian King is promoted to sales and group marketing director.
Aon launches MGA targeting public sector
Maven Public Sector will write business for local authorities, police, fire and rescue services.
Fitch places Sterling on a positive rating watch
Agency expects the insurer to benefit from Covéa takeover.
Strachan steps down from Towergate
Non-executive director for group risk and compliance exits consolidator.
Heritage invests in Aro for schemes push
The provider has bought 40% of the schemes specialist's shares.
ABI welcomes fraud task force
Government proposals to tackle insurance fraud welcomed by industry.
Roberts steps down as Innovation CEO
Andy Roberts to leave role at insurance software provider next year.
Hastings-Bass to retire from Gallagher
Gallagher chairman of international development, John Hastings-Bass, is stepping down in January.
Market responds to Covéa buying Sterling
Experts hopeful the deal will not have a detrimental impact.
Open GI and PowerPlace confirm MBO
Buyout complete as regulator approves deal valued at over £300m.
Axa partners with Paymentshield
Deal predicted to be worth £20m of GWP over five years.
Aviva agrees £5.6bn takeover with Friends Life
Both boards will recommend proposals to their shareholders.
Covéa deal “positive” for Sterling
John Blundell, Sterling MD, says move will help Sterling grow but does not expect special deals with Covéa-owned broker Swinton.
"Business as usual" for Sterling
Claim follows news that Covéa is set to buy Sterling as the French insurer moves to grow outside of France.
Covéa buys Sterling
Covéa purchases high net worth specialist insurer.
Crawford buys GAB Robins
Crawford to expand its claims handling business in the UK following £45.8m deal.
Cash for crash fraudsters jailed
Sentences passed following LV and Esure fraud cases.
Markel appoints two to financial institutions team
Martin McCarron joins from Catlin as head of financial institutions.
MGAA passes 100 member mark
Century Underwriting becomes the latest organisation to join the association.