Seventeen Group
Industry braces for "very active few weeks" following Axa vs Wolseley BI ruling
Market experts think the Axa and Corbin & King verdict could spark a chain reaction in the insurance industry, leading to a reopening of claims and renegotiated settlements.
And finally – February 2022
The lighter side of the broking world including, the cartoon, pet of the month and the industry's charity endeavours.
New broker NW Risk Solutions launches
NWRS, led by MD Peter Stevenson, has joined James Hallam's Appointed Representative Partnership Programme.
News analysis: Consolidators put up 'for sale' signs
Following Howden’s acquisition of Aston Lark, Insurance Age reached out to M&A advisers and brokers to get some insight into the future for the current crop of consolidators.
Should brokers go down the employee ownership route?
Experts say employee ownership increases staff retention and encourages staff to work together, but take-up among brokers is low.
Seventeen Group expects further growth in 2022
CEO Paul Anscombe flags how M&A and organic growth are helping the business expand despite the £670,000 cost of Covid.
Seventeen Group blames Covid and M&A costs for profit slip
Despite a sharp drop in pre-tax profit, the broker managed to achieve increased turnover for the year ended 31 December 2020.
Allianz restructure sparks mixed reactions
Brokers say senior exits at the provider lead to “some concern but also some opportunity” as the insurer is slammed for focusing on larger corporate consolidator relationships in recent months.
Colm Holmes "great fit" for Allianz as brokers praise outgoing boss Jon Dye
News of the management shake-up left brokers shocked and surprised, but experts say Holmes will be good for Allianz while they remain confident that Aviva boss Amanda Blanc will keep the ship steady despite recent exits.
Third deal in a week for Seventeen Group as it snaps up Cornwall-based broker
Latest move sees specialist marine broker Christopher Rowe join Seventeen Group's stable and follows its purchases of Ryan's and Pinner Risk Solutions.
Seventeen Group snaps up Ruislip-based broker
Deal for Pinner Risk Solutions follows its purchase of Ipswich-headquartered Ryan's last week.
Seventeen Group set to announce two more deals following swoop for Ryan's
CEO Paul Anscombe discusses his plans for Ryan's and reveals he is increasingly getting approached by brokers looking for an alternative to the consolidators.
Seventeen Group buys Ryan's
Ryan's will become part of James Hallam as chairman Tim Ryan is set to exit.
"End of an era" as Phil Bayles moves from Aviva to Ardonagh
Brokers say they are "confident" that Gareth Hemming will enable a continuity of strategy at Aviva as they react to Phil Bayles' surprise exit from the provider.
Seventeen Group reports rising turnover and Ebitda
Group CEO Paul Anscombe says the business is set to make acquisitions in the first half of the year, after pausing its deal-making plans in 2020 due to the pandemic.
Seventeen Group creates Germany-based broker in response to Brexit
Lloyd's broker London Re, headquartered in Düsseldorf, has been launched in collaboration with German broker MRH Trowe.
Mint Insurance Brokers joins James Hallam's AR network
Mint is a retail and wholesale broker wit ha team of 18 staff.
Covid-19: Are MGAs outperforming insurers in responding to the crisis?
Brokers say pandemic is an opportunity for MGAs to grow their market share as insurers shy away from writing new business.
Brokers challenge FCA over proposed fee hike amid Covid-19 pandemic
Insurance Age found that brokers are disappointed by the timing of the 3% rise, as well as anticipating an impact on the bottom line.
The working from home diaries: Paul Anscombe
Insurance Age finds out how Paul Anscombe, CEO of Seventeen Group, has adapted to changes in working practices amid the Covid-19 outbreak.
Four Biba board members step down
Andrew Gibbons, Ashley Rogoff, Tim Ryan and Paul Anscombe have completed their stints on the board, with the trade body set to announce their replacements in the near future.
FSCS levy hike reignites call for separate broker pot
Expected broker levy rose to £23m for 2020/21 after spike in PPI complaints.