Brightside
Brightside turns to Holman as Banks quits
Brightside has confirmed that chief executive officer Arron Banks has resigned from the broker and will be replaced by Martyn Holman.
Giles looks to Brightside for new COO
Giles Insurance Group has appointed Simon Pearce as chief operating officer.
Groupama in Brightside motorbike deal
Groupama Insurances has agreed to become the sole underwriter of motorcycle policies sold through eBike, part of the Brightside Group.
Brightside posts record results for ninth consecutive year
Brightside Group has reported an almost 35% increase in profit, to £13.6m in 2011 from £10.1m in 2010
Brightside's Holman hits out at slow approach to DVLA access
Brightside Group has hit out at the insurance industry for not securing access to the DVLA database sooner than it is.
Policy sales up at Brightside ahead of results release
Brightside has revealed a 30.7% increase in policy sales to 444,189 [2010: 339,916] ahead of announcing its full year results to 31 December 2011.
Brightside secures £100m capacity deal
Brightside Group has confirmed that a new capacity deal with an unnamed re-insurer will deliver £100m of extra capacity to its Gibraltar-based underwriting firm Southern Rock Insurance Company.
Brightside Group moves more business out of Gibraltar
Brightside is to move another chunk of its business from Gibraltar with the proposed acquisition of software platform Esystems and software house eDevelopment for £17m from Rock e-Systems.
Broker subsidiary comes under fire for cancellation policy
Brightside subsidiary, Ecar, has come under fire for refusing up to 25% of applications for motor insurance following an investigation by Radio Five Live.
Brightside’s H1 pre-tax profit up 80%
Broking group Brightside has reported half-year revenue up 50% to £39.8m (2010: £26.6m) and pre-tax profit up 80% to £7.2m (2010: £4.0m) on the back of its buyout of Ecar and Ebike.
Banks to offload 10% of Brightside holding
Arron Banks, chief executive officer of Bristol-based Brightside Group, is to sell 10% of his share holding and grant security to an unconnected third party of nearly eight million ordinary shares in the company, it has been announced.
Brightside splits management roles
Brightside Group has decided to split the roles of chief executive officer and finance director citing the “interests of good governance”.
Profits and revenue rise at Brightside
Bristol-based broker Brightside Group has reported a 48.1% in revenue to £66.2m (2009: £44.7m) along with a rise in profits after tax from continuing operations to £6.49m (2009: £4.66m) in its year end results for 2010.
Profile - Henry Engelhardt: Admiral of the fleet
Henry Engelhardt was at the bow when the Admiral ship first set sail and he led the company onto the stock exchange when it floated in 2004. Emmanuel Kenning talks to the CEO about claims, pricing and the source of great market envy - the provider's COR.
New CEO at Brightside’s insurance broking division
Brightside has appointed Alan Sanderson in the new role of chief executive officer for its insurance broking division.
Brightside building commercial aggregator
Brightside Group has confirmed that it will be using newly acquired technology company Quote Exchange to build a commercial insurance comparison site.
Brightside buys aggregator technology firm Quote Exchange
Brightside Group has agreed to buy Quote Exchange for £3.7m in cash and just under 1.4m ordinary shares in Brightside.
Brightside expects to meet stock market profit expectations
Brightside Group has announced that it expects to meet stock market expectations of £6.5m-£7m in profits after tax for the year ended 31 December 2010.
Motorists happy to misrepresent to obtain cheaper car insurance
Research from the Association of British Insurers (ABI) has revealed that the majority of motorists are prepared to misrepresent a risk to get cheaper car insurance.
Focus - Broker funding: Finding your way through
With the major banks still cautious about lending, brokers are finding it tough to access funding for growth. Rachel Gordon looks at the options.
Reportage - Coping with regulation: A regulatory health check
Whether they choose to call in a consultant, turn to their network or go it alone, brokers have a few options available to them when it comes to handling the pressures of regulation. Edward Murray explores the pros and cons of the different approaches.
Brightside reports rise in revenue and profit
Brightside Group has reported a 24% rise in revenue to £26.6m for H1 2010 (H1 2009: 21.4m).
News Analysis - Council parking charges: Nottingham Council's private parking charges pile pressure on businesses
The profession has reacted with horror to newspaper reports that car parking charges could be levied by councils on private spaces.
Focus - technology: Taming the tide of systems improvement
The technology ocean requires time, flexibility and planning to navigate safely and, as the aggregator model shows, there is great danger in being left behind a business ship bound for new, exciting and profitable lands, writes Ed Murray.