Jelf Group
Market Moves
A monthly look at who is moving where...
Jelf creates national business focused on community broking
Jelf's insurance chief executive, Phil Barton, has spoken of the company's future plans after creating a "significant new player" in the market.
Agenda: That elusive crock of gold
The consolidation of the retail broking sector started in 1998 with the creation of Towergate but gathered pace in early 2000 through to 2008. In that period, some £3.6bn of commercial business was acquired, which equates to 25% of the total commercial…
Jelf unveils Les Owen as new chairman
The Jelf Group has appointed Les Owen as its new non-executive chairman following the retirement of David Walker.
News round-up: July/August 2010
A brief round up of news from the secto.
Market watch - commercial motor: Has commercial motor gone flat?
Though the economy continues to be troublesome and commercial motor is still highly competitive with small margins, there are some areas of improvement and growth, writes Fiona Nicolson.
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…
Industry divided over repercussions of rising IPT
The increase in Insurance Premium Tax (IPT) announced in the Government's emergency Budget has met with mixed reactions.
Former Jelf director joins UK General
Leeds-based UK General Insurance has appointed Ralph Hann as national schemes sales manager for the group, reporting to director of sales John Bibby.
Emergency Budget 2010: CGT and IPT rise meets mixed reactions
As part of the coalition government's emergency Budget, Chancellor George Osborne has announced increases in capital gains tax (CGT) and insurance premium tax (IPT).
Jelf reports £616,000 loss; chairman to leave
Jelf has reported a £616,000 loss for the six months ending 31 March 2010, compared to a £994,000 loss for the same period the previous year.
News Analysis: Employee stress costing UK plc
With businesses losing billions of pounds in productivity, Emmanuel Kenning reports on effective steps that broker managers can take to combat the problem of mental ill health in the workplace.
News review: May
Former insurance broker turned MP, Andrew Stephenson, described being an intermediary under the labour Government as a "nightmare".
Jelf appoints new insurance CEO
Jelf has announced the appointment of Phil Barton, group commercial director, to the newly created role of CEO of Jelf Insurance.
Purple adds member
Birmingham-based broker Jobson James, which specialises in corporate insurance and financial services, has become Purple’s 40th member.
News Analysis: RTA reforms set to launch
Emmanuel Kenning investigates the changes designed to make personal injury claims from road traffic accidents simpler, quicker and cheaper
Manson Insurance Group reveals growth plans
Manson Insurance Group, part of Jelf Group, is moving to larger premises in the Manchester business district.
Jelf raises more money as profits tumble
The broker has released a set of results that shows, perhaps more transparently than most, the difficulties of the consolidation model, raising questions over others' ambitions to float, writes Andrew Tjaardstra
Jelf seeks cash boost following loss
Jelf has raised up to £19m in new funding following a difficult year of trading that saw it lose £9.7m
Jelf raises £19m
Yate-based broker the Jelf Group has raised £19m from a mixture of institutional investors, private equity house Capital Z and its directors.
Jelf looks to raise £17m after reporting operating loss
Jelf has revealed it is in advanced discussions regarding the raising of a possible £17m after reporting an operating loss of £9.7m for the year ending 30 September 2009 (2008: £5.1m).
Bennetts hires regional director from Jelf Group
Insurance broker Bennetts Commercial has appointed Carole Lowe as a director to its senior management team.
Jelf invests in Ringwood Operation
The Jelf Group has relocated its Ringwood operation to a purpose built premises, Endeavour House on Crow Arch Lane in Ringwood.
Market moves: A monthly look at who is moving where
Neil Cook has joined Equity & General Insurance Services, based in Rugby. He will adopt the role of specialist risk negotiator and head up his own team focusing on placing complex commercial and household risks. He will deal with clients that have faced…