The Blog Spot: Do you remember when a broker last went bust?

Editorial Blog Spot: Sian Barton

The sad fall of Staveley Head causes Siân Barton to pause and ask ‘when did this last happen to a broker?'

I’ve worked in the world of insurance – albeit on the fringes as a journalist – since about July 2014.

As I approach six years in the market I cannot recall many cases like Staveley Head.

The Wales-based motor broker called in Duff & Phelps as administrators last week, redundancies were made and a fire sale initiated.

Of course, a handful of broker businesses have gone bust since 2014 but the only one I can specifically recall is Ignition Select which hit the buffers in 2017.

And some

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As Allianz rebrands its digital motor insurance product Flow, Insurance Age caught up with managing director of UK retail Henry Topham to hear about his route into insurance and what benefits brokers get from the provider’s omni-channel approach.

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