News
Covéa to grow its commercial offering
The insurer will launch its first fleet product next year.
Opportunities for brokers in sharing economy, says Biba
Biba and DAC Beachcroft launch guide to provide clarification.
Paul Chase-Gardener to retire from Brightside Group
Co-founder and former finance director decides to hand over baton.
Das appoints executive director for international business
Move “unconnected” to suspension of chief executive Paul Asplin.
Cullum’s shareholding in Towergate drops to 20%
Advent’s holding jumps to 68%.
Arista appoints Kelly as regional trading manager in Leeds
New recruit brings experience from Zurich, UK General and as a broker to the role.
Devitt teams with LV on motorcycle trade
Broker commits to growing commercial book.
Price Forbes launches new accident and health division
Division to be led by Richard O'Brien and other former Willis staff.
Aviva confirms Friends Life bid plans in £5.6bn move
Deal would be structured on a share swap basis.
Axa completes merger of claims functions
New structure will lead to more effective and efficient work according to insurer.
Lords appoints special committee on Insurance Bill
Committee has called for evidence on the Bill.
Moody’s downgrades Towergate
Ratings agency warns of possible further downgrades.
Ageas expands personal motor team
Insurer adds three new specialist motor underwriting roles.
New MGA targets UK and Irish brokers
Imperium Insurance aims to write £50m of GWP in five years.
Competitors react to Broker Network's £55m value reduction
Troubled Towergate's network division has faced challenges for years.
Cliff to focus on growing brands at Brightside
Ageas Retail CEO admits to a day of “mixed emotions”.
Cliff to leave Ageas for Brightside
Ageas Retail CEO to become executive chairman of the broker next year.
Martinez & Partners targets £120m in GWP in 2015
Company expects GWP to be around £85m for 2014.
Towergate sold Folgate for £1.9m
Troubled Towergate sold Folgate for £1.9m in August to APC.
Marsh takes three from Willis in Scotland push
Broker adds four people to its Edinburgh and Aberdeen offices.
Fitch downgrades Towergate
Ratings agency also keeping a negative watch on the company.
Troubled consolidator tight lipped over bidders
Hunt for new CEO suspended.
Towergate plays down cashflow fears
Troubled consolidator holding talks with bankers.
Marsh tipped as front runner for Towergate takeover talks
Mounting speculation in broker market as to who could buy the troubled consolidator.