Eldon Insurance Services
Somerset Bridge Group (formerly Eldon) – Somerset rebranded in 2020. The Bristol-based organisation focusing on broking, underwriting and claims handling.
Somerset Bridge Group features in the Insurance Age Top 50 Insurance Brokers in Personal Lines listing. Find out what other companies made the cut.
Somerset Bridge Group posts £42.4m loss
The business, which claimed £614,000 furlough cash in 2020, was snapped up by Arch Re earlier this year.
Arron Banks and Elizabeth Bilney agree settlement with Electoral Commission
Commission states it accepts the National Crime Agency’s conclusions that it found no evidence that any criminal offences had been committed after it investigated loans totalling £8m provided to the Leave.EU campaign from one of Banks' other companies.
Eldon signals fresh appeal after ICO fine tribunal throws out case
The broker, now called Somerset Bridge, is set to launch another appeal against the £60,000 data fine.
Banks-owned Somerset Bridge to sell Business Choice Direct
Group had held a 51% stake in Business Choice Direct since it was spun out in 2016.
Legal Protection Group secures capacity deal with Alwyn Insurance Company
HDI Global Specialty stopped providing capacity for the MGA, which lists Arron Banks' Eldon Insurance Services as a major shareholder, in February this year.
Turnover and profits up at Eldon in 2018
The firm's broking businesses reported growth in income to £68.9m.
Martyn Holman joins Banks-owned Eldon Insurance board
The former Brightside CEO has been appointed as an NED alongside Sir Mark Boleat as chairman.
ICO fines Arron Banks' Eldon and Leave.EU £120,000
Regulator set to review how Eldon and Leave.EU are complying with data protection laws.
Podcast: The top five stories of the week
The Insurance Age team chat about the most popular stories of this week including potential deals and fines as well as "poor" cyber products.
ICO to fine Eldon Insurance £60,000
The Information Commissioner also issued a notice of intent to fine Leave.EU as part of the same action and is investigating allegations that Eldon shared customer data “obtained for insurance purposes” with Leave.EU.
Turnover shoots up to £77.6m for Eldon
The company said investment in its brokerage brands, such as Go Skippy, helped with the 64.1% increase as expenses rise in-line with income spike.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning look at the top stories in a week with a somewhat different feel to it.
Eldon Insurance states none of its data was used by Leave.eu campaign
Firm responds to comments made to government committee.
Eldon Insurance set for £250m float, reports say
Arron Banks said he was planning to float the business, which owns Go Skippy, early in the New Year.
Arron Banks’ Eldon launches Somerset Bridge MGA
The MGA move was revealed in company accounts which also showed that Eldon made a loss in 2016.
Legal Protection Group MGA launches
Bristol-based Legal Protection Group will provide a range of BTE and ATE products with limits up to £2m.
Open GI launches fraud prevention data service
Tech provider teams up with Experian to offer service designed to help brokers prevent fraud.
150 jobs at risk at Go Skippy owner Eldon
Parent group Eldon confirms that roles could be relocated to South Africa as staff are put on notice.