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News review: March

Derek Plummer MMA

MMA outlined 'phase two' of its commercial roll out with the establishment of three new regional trading centres.

The broker-only insurer announced it was set to open the offices in Newcastle and Chelmsford in April, and Bristol in May. All three centres will employ two senior underwriters, an assistant and a development manager. The three branches complement the bases it established in 2009 in Glasgow, Manchester and Birmingham alongside its headquarters in Reading.

 

Oval made Gloucester-based broker JL Fisher & Co its first acquisition of 2010, adding that it would also consider a "transformational deal"

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