Networks
Network player pinches second broker from Oval
Oval has lost another latent defects expert to TEn network member, Building and Land Guarantees (BLG).
Momentum targets 25 new brokers in 2012
Momentum has confirmed it signed up 23 appointed representatives (AR) in its first full year of trading and has targeted another 25 broking businesses in 2012.
Cobra sells subsidiary business for £3.3m
Cobra Holdings has sold subsidiary business Cobra Corporate Solutions (CCS) to ISO Investments, a company controlled by Cobra shareholder Phil Truman, for £3.3m.
FUW joins Broker Network
The Farmers’ Union of Wales’ insurance arm, FUW Insurance Services (“FUW”) has signed up with Broker Network.
Bluefin's network adds to home panel
Bluefin’s network proposition, Broker Partnership Services (BBPS), has appointed Ageas to its panel of preferred home insurance providers.
Cobra undergoes restructure following broking sale
Cobra Holdings has been split into two divisions following the sale of the company’s broking business.
Willis Networks secures chartered status
The Willis Networks team has been granted chartered insurance brokers status by the Chartered Insurance Institute (CII).
Network “alternative” targets independent brokers
Former Towergate employee Joe Manning, has launched Brokerdrive claiming the fee-free web-based offering will challenge traditional broker network models.
Nine more for Willis Networks
Willis Networks has signed up nine new members, taking total membership to 125 independent UK brokers.
Ex-Bluefin branch leader follows AR route with Corrigans
Brendan Mulligan, former leader of the Bluefin Broker Partnership Services’ Coventry office has set up Thomson James as an appointed representative of insurance broker Corrigans.
Clear appoints from Willis Networks
Clear Insurance Management has appointed Simon Taylor, previously regional managing director for Willis Network, to the role of executive director.
Mageean signs up with Broker Network and Countrywide
Bernard Mageean has been appointed as director of insurer relations at Broker Network and Countrywide.
Cobra posts loss following sale of broking business
Cobra has posted a £1.74m loss despite growing revenues to over £24m.
Cobra disposes of insurance broking operations
Cobra Holdings has announced the sale of certain fixed assets of its insurance broking operations in Caterham and Alton to ASG Risk Management, a subsidiary of Aston Scott Group, for £8.2m.
UKGI compliance membership approaches 400
UKGI has signed up ten new members, including both established and start up general insurance brokers, in its push for growth.
Ten more for TEn
TEn Insurance has signed up ten new members in the last three months bringing its total membership to 68.
Bluefin looks within for schemes head
Bluefin has appointed Liz Johnson to head of Newmarket Underwriting.
Brokers split over network independence
Loss of independence cited as major reason for shunning networks, brokers explain
New chief executive for agricultural network
FarmWeb has announced the appointment of a new chief executive.
Purple appoints BDM from Bluefin
Jelf-owned network, Purple Partnership, has appointed Chris Hankey as the new development manager for the North and Midlands.
Network Spotlight day 12: Smith explains the changes at Westinsure
Mike Smith managing director of Ink Insurance, owners of Westinsure, looks back at the first year in charge post acquisition and claims that other networks put shackles on brokers to stop them from trading in an independent way.
Network Spotlight day 11: Willis’ Fardon foresees imminent network mergers
Sara Fardon, managing director of Willis Networks, claims in the penultimate interview for Network Spotlight that 43% of brokers are part of a network or a club and that weaker networks could fold within a year.
Network Spotlight day 10: Momentum’s Pepper warns networks
Howard Pepper, managing director of Momentum, tells the audience that networks need to provide a much broader range of support services to their members in his interview for day 10 of the Network Spotlight series.
Network Spotlight day nine: Network members aren't independent, says Wood
Mark Wood, managing director at UKGI, claims in his interview for Network Spotlight that many brokers have seen through networks.