Paul Anscombe
Analysis: Is the era of offshore capacity over, or is it poised for a comeback?
High profile casualties such as Gibraltar-based Enterprise Insurance Company (2016), and Danish providers Alpha (2018) and Gefion (2021) meant offshore capacity came under scrutiny at the end of the last decade. Today there appears to be less noise about similar players which begs the question are these overseas carriers no longer a factor? Or are they on the comeback trail? Saxon East investigate
Seventeen adds to northern footprint with first Yorkshire buy
Seventeen Group has bought East Pennine Insurance Consultants which trades as Fletcher Smith in Sheffield and North East Insurance Brokers in the North East.
Seventeen Group makes third acquisition of the year
Seventeen Group has purchased Watford-based Jannard Quadrant Insurance Brokers, which has a total gross written premium amounting to £3.5m.
Seventeen Group boosts turnover 19% but swings back to loss in 2022
Seventeen Group has posted a £1.59m post tax loss for 2022 reversing a profit of £196,199 the year before.
Brokers warn RSA not to lose NIG’s ‘sparkle’ in takeover as market diversity diminishes
Brokers have expressed their sadness at losing another market, but acknowledged the proposed takeover of NIG by RSA could be superb for both parties – provided the integration is handled properly.
My Perfect Broker Week: Seventeen Group’s Paul Anscombe
To tie in with the first ever UK Broker Week, we asked our speakers to outline what their perfect working week would look like. Paul Anscombe, the CEO of Seventeen Group, shares his thoughts.
Soaring property owners’ premiums hit record high
Property owners’ premiums rose by 9.3%, according to recent figures for the first quarter of 2023 from Acturis, which will be published by Insurance Age on Monday 12 June.
Big brokers making ‘silly money’ blamed for FCA property commission crackdown
Large brokers taking ‘silly commissions’ are being blamed for the Financial Conduct Authority’s crackdown in buildings’ insurance.
Seventeen Group returns to profit in 2021
Seventeen Group has posted a 27.2% increase in turnover for 2021 to £31.2m.
More acquisitions on the horizon for Seventeen Group
Seventeen Group is poised to strike more deals before the end of this year and into 2023 with European expansion on the agenda, according to CEO Paul Anscombe.
Seventeen Group buys Torbay Insurance Services
Seventeen Group has added Torbay Insurance Services to its portfolio for an undisclosed sum in a move that completed at the end of April.
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.
"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.
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.
FSCS levy hike reignites call for separate broker pot
Expected broker levy rose to £23m for 2020/21 after spike in PPI complaints.
Seventeen Group buys WPS
Plymouth-based WPS will retain its leadership team following the sale.
Seventeen buys Westscott Insurance Brokers
The Dumfries-based business was bought for an undisclosed sum.
Brokers urged to keep delegated authority records
Sector urges intermediaries to keep accurate records following FCA review and calls for further work ahead of Solvency II.
Brokers say Hector's departure is a major loss for Axa
Brokers have reacted with disappointment to the news that distribution director Keith Hector has left Axa Commercial Lines.
James Hallam makes senior appointments
James Hallam has made two new appointments to its board of directors.