IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
Bruce discusses growth plans for the networks business, what members will see differently following the acquisition and how GRP plans to add some “extra oomph” to the proposition.
The takeover, which includes Marsh ProBroker, Bluefin Network and Purple Partnership, will see David Hopwood continue to lead the combined networks business as part of the GRP executive team, as group CEO Mike Bruce promises there will be no redundancies.
Resilium, a network with 150 ARs across Australia, has joined the consolidator.
The offering is aimed at smaller brokers struggling to cope with the Covid-19 lockdown and sees Gauntlet taking over responsibility for IT, compliance and client money handling.
Broker becomes UNA's thirteenth network member.
MD Barry Abrams discusses the broker's progress since its launch in September 2019.
Howard Lickens discusses plans for the Brokerbility Network following the transaction, which also increases Clear's regional presence, particularly in the Midlands.
Manchester-based broker Champion Insurance Group has launched a new financial lines arm.
David Hopwood, of Marsh Networks, predicts the pace of M&A will increase as the UK moves out of lockdown.
MD Dawn Derbyshire says the pandemic has given brokers time to think about going out on their own as the AR network strives to update its model to include directly authorised firms.
MD Adam Boakes says model will help brokers increase their income as well as provide them with a guaranteed investor in their business once they're looking to exit.
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
Brokers are increasingly looking at striking out on their own despite the coronavirus outbreak.
CEO Andy Tedstone shares how the network is changing under his leadership.
The former Jelf boss had been chairman of both Broker Network and Compass since April 2018.
The organisation purchased Hughes & King for an undisclosed sum adding £4m in GWP to its business as it presses on with pipeline amid Covid-19.
Networks or not-works? The UK could take a lead from Australia when it comes to developing networks, writes James Sharp
With Marsh merging its three networks under one banner and consolidation continuing to reduce the pool of potential broker members, Martin Friel investigates what the future holds for networks.
Vincent Gardner, Alan Sumner, and Peter Foster will also join Ethos Broking’s executive team.
Executive chairman Ashwin Mistry says firm's income and GWP have been impacted by broker members selling up.
Exclusive: The business transformed from a broker to a network and franchise model last year.
David Hopwood promises the business "won't ignore" members' reasons for joining a particular network.
Laurence Eastham and Ida Axling discuss the most popular news stories this week, including changes at Marsh Commercial and Hiscox moving 300 staff out of London.