Broker Network
News review: July 2010
A review of July's industry news.
The FSA sends signal of intent with broker fine and insurer bans
The Financial Services Authority (FSA) has fined a broker network director and banned three insurance professionals for a £2m fraud in its latest crackdown.
New Ink MD Mike Smith looks to acquire Westinsure
Giles-owned Ink Underwriting has made an offer to acquire the entire share capital of South-west broker network, Westinsure.
News round-up: July/August 2010
A brief round up of news from the secto.
LJM moves office as part of expansion plan
Insurance broker LJM Partnership has moved to new premises in Bredbury after making three senior hires.
News review: June 2010
Online marketplace Ebay was poised to seek a raft of insurance partners as it geared up to launch a financial services offering. Insurance Age's sister title Post learnt that Ebay agreed a partnership with Staffordshire-based intermediary Autonet to help…
Evolution grows Midlands team
Commercial underwriting specialist Evolution Underwriting has appointed Rachael O’Neil as business development executive with responsibility for developing the Midlands area.
Northern Counties makes non-exec appointment
Mark Wood, managing director of UKGI, has joined Northern Counties Insurance Brokers in a non-executive advisory capacity.
Broking Success: In the face of adversity
Emmanuel Kenning meets the founders of Baker Jayne, who set up their brokerage in the teeth of the worst recession since World War II and managed to make a profit in its inaugural year.
BIBA 2010: Lexicon exec hails insurance broker resilience
The insurance broking sector has performed at a “remarkable” level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event at the British Insurance Brokers' Association …
Marsh creates networks leader role
Marsh has appointed Martyn Denney to the newly-created role of networks leader.
Broker Network launches CountrywideComplete
Broker Network has announced the launch of CountrywideComplete, a new full membership proposition for Countrywide members.
News Analysis: A Budget for business?
Emmanuel Kenning reviews the profession's response to the last Budget before the upcoming general election
Broker Network refutes AR poaching campaign allegations
Broker Network has denied that it has launched an aggressive marketing campaign specifically targeting members of fellow network TEn in a bid to boost users of its revamped start-up proposition.
Towergate claims merger is 'income growth exercise'
Towergate is to close three offices in Glasgow and consolidate staff in one city centre location.
Towergate to consolidate BNIB business in the North West
Move will see the closure of four offices and the establishment of one central office on the outskirts of Manchester
Broker Network launches enhanced start-up package
Broker Network has announced the launch of an enhanced Start-Up package designed to help bring new brokers to the high street, despite the lingering economic downturn.
Reportage: creating efficiencies - A well-oiled machine
Working at optimum efficiency is crucial in a recession. Liz McMahon examines how brokers can best utilise the resources at their disposal to ensure their businesses grow with minimal capital outlay
Consumer bill heralds industry boost
A proposed change in legislation to protect consumers could be good news for the public, insurers and brokers, writes Emmanuel Kenning
Startups: Plotting the first move
There are many reasons for brokers to start their own businesses, from wanting to escape the confines of a consolidator, suffering redundancy or having the vision to create smart, independent new firms who provide superb service for their clients, writes…
Broker Network shake-up gives chairman ambassadorial role
Nick Houghton to take over MD role at network
2009: stepping into the unknown
A near-catastrophic global banking collapse and the worst recession in living memory have all affected insurance broking. Andrew Tjaardstra reviews the big stories from an unprecedented year.
Oyster finally makes a profit for Broker Network
Grant Ellis says perception that business was struggling was inaccurate
Ellis: consultation over BNIB offices
Retail arm of Broker Network could shut 13 branches