Networks
Editor’s letter – April 2011
As you can see, there’s a big focus on networks this month. Once seen as an anomaly, they are now a firmly established aspect of the market. And one way they have often sold themselves is that they are a security blanket. The claim is that they can…
Is 2011 set to be the year of the start-up or the consolidator?
The news that Towergate had lost a pre-action disclosure application in the High Court and been ordered to pay £17,000 in costs to Lorica Insurance Brokers came shortly after the announcement that the consolidator’s deal with Advent had created a £90m…
Reportage: Facing up to networks
With networks increasing in popularity, Emmanuel Kenning recounts their development and looks to the future of this crucial market sector.
Management - How to... save money and reduce your FSA risk
Mike Cranny offers a step-by-step guide on how to surrender client money permission.
New network Momentum signs up to the Aldermanbury Declaration
Momentum Solutions - the broker network headed by former Oval MD Howard Pepper - has signed up to the Aldermanbury Declaration.
Scarrett out at Willis Networks
Willis has announced that MD of its networks proposition, Phil Scarrett, will leave the business at the end of the month.
Westinsure claims membership boost despite series of defections
Westinsure has announced the signing of six new members despite rival networks claiming that there have been a series of defections from the alliance.
Power hour - future of broking round table London: Talking heads
The biggest names in the industry come together to debate the key issues facing brokers at the moment, from regulation and rates to consolidation and distribution. Martin Friel reports.
1 Answer Network breaks through 50 member mark
1 Answer Network has signed four new members in February lifting its total member tally to 52.
Willis Networks gains six new recruits
Six new members have joined Willis Networks, its alliance with local, independent insurance brokers in the UK.
Former Westinsure member joins rival network
The Purple Partnership has signed its 50th member, former Westinsure broker, Fletcher Smith Insurances.
TEn commits to Aldermanbury
TEn Insurance has become the first stand-alone network to sign the Aldermanbury Declaration.
Jelf Insurance Brokers set for 'aggressive' growth despite dip in revenue and profits
Premium finance arrangements are the reason behind the shortfall in Jelf Group’s insurance business, says chief executive Alex Alway.
Momentum signs up three brokers
Momentum, the recently launched support and development service for new and existing insurance brokers, has been joined by three brokers.
1 Answer wins five new members
1 Answer Network has signed five new members in almost the same number of weeks through December and January.
1 Answer becomes first network to sign up to Powerplace
Personal lines network, 1 Answer, has pushed into the commercial arena by joining Powerplace.
Westinsure network moves east while competitors eye members
Rival networks have begun to circle Westinsure in the wake of a series of upheavals since its takeover by Ink Underwriting.
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Upheaval at Westinsure
Rival networks have begun to circle Westinsure in the wake of a series of upheavals since its takeover by Ink Underwriting.
Former Venture Preference MD joins Broker Network with start-up
Nick Inge, previously board director of Stuart Alexander and regional managing director of Venture Preference, has chosen Broker Network for Opus Risk Solutions.
Five new members join Willis Networks
Five new members have joined Willis Networks, bringing its combined membership to 111 firms.
Purple replaces Zurich with Groupama
Purple Partnership, the Jelf-owned network, has announced Groupama Insurances as a new commercial key partner, replacing Zurich on its panel of supporting insurers.
TEn unveils new flexible model
Commercial broker network TEn Insurance today unveiled its new operating model in a move designed to broaden its appeal, attract larger more established brokers and give existing members room to grow.
Willis Networks appoints regional MDs
Willis Group Holdings has announced the appointment of two new regional managing directors for Willis Networks.