Appointed representatives (AR)
Getsafe partners with Hiscox for UK launch
German MGA Getsafe, which offers digital contents insurance, was established two years ago.
Ten takes small profit hit due to software house move
2018 results reveal a rise in turnover but a fall in profit at the AR network.
Ten boss James Sharp to retire
Sharp, the last of the AR network's founders remaining in an executive position, will be succeeded by Dawn Derbyshire.
Gauntlet eyes ambitious growth for AR network
Managing director Roger Gaunt expects the business to double within two years.
Gauntlet expands into Wales with two new ARs
Move follows the launch of Gauntlet Enterprise's southern hub last year.
James Hallam to expand AR network with new hire
Broker appoints former Zurich man Roy Standish.
Gauntlet opens southern hub
A former Wrightsure associate director has joined the Gauntlet team to head up an Essex office focusing on bus and coach insurance.
Ardonagh expands into reinsurance with Prices Forbes Risk Solutions
New offering to be headed by David Barrie.
Ten launches personal lines department
Network hires Carl Jones as head of personal lines.
FCA warns lack of AR monitoring puts customers at risk
Regulator issues alert to principals after finding that some fail to undertake sufficient due diligence on ARs.
FCA proposes to extend the senior management regime to more firms
Under the proposals almost all regulated firms, including brokers, will have to comply with the senior management and certification regime.
FCA says intermediaries earned £15.9bn in 2016
Data from the regulator shows 5% increase in revenue since 2015 with commission the main source of income.
The FCA spent over £400,000 on AR thematic review
Review which found "significant shortcomings" cost the regulator £417,669.
Networks snapshot 2017: Plug in to the network
Insurance Age tests the network, AR and franchisor markets to find out what issues these growing sectors are expecting to face in the next 12 months
UK General ordered to review AR arrangements
It is believed that the insurer has stopped its appointed representatives (ARs) from selling general insurance products.
Ex-MD of Ten joins Momentum
Alistair Body switches appointed representative networks.
AR review slams “significant shortcomings”
Brokers react to FCA’s findings that oversight of appointed representatives is not up to scratch
FCA warns principals they will be accountable for ARs’ mistakes
Regulator informs firms of its expectations after its thematic review into supervision of appointed representatives revealed "significant shortcomings".
Brokers say FCA's AR attack “fair”
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
AR network leaders welcome thematic review findings
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
FCA slams oversight of appointed representatives
Regulator finds “significant shortcomings” and orders two companies to stop sales activity.
Flood Excess Insurance launched
New AR compiles UK top 20 flood risk postcode districts.
Ten appoints Alistair Body as managing director
Network also adds Ray Heap as broker development manager.
Aon seeks ARs to expand SME broker distribution channel for affinity
Broker is inviting entrepreneurs to partner with the firm as appointed representatives.