“When networks work best they should be about more than hitting insurers like a piñata and watching enhanced commissions fall out”
Networks have taken a few body blows in recent months, but brokers can still gain value from the sector. Caitlin Morrison reports
Ex-Allianz boss to replace Alec Finch at the Jelf-owned network, Insurance Age can reveal.
Prism Network has snapped up former Oval executive director Jeff Herdman as non-executive chairman.
The trading landscape for brokers continues to be one marked by tough competition and tight margins.
Purple Partnership's non-executive director Alec Finch will leave his role at the Jelf-owned network at the end of the month.
BrokersLink has switched from not-for-profit status to a for-profit global broking company in a move designed to accelerate growth.
Alto Insurance Group has reported a loss of £578,543 for the 15 months to March 2013.
Disaster recovery and repair provider Prism Network has secured a £2m investment fund.
High net worth (HNW) broker Smith Greenfield has been named on the general insurance (GI) panel of mortgage intermediary network First Complete.
Ten Insurance is set to follow in the footsteps of John Lewis and set up an Employee Benefit Trust (EPT) over the coming weeks.
Two former Westinsure brokers have left to join Bluefin Network.
TEn Insurance Services has teamed up with Auto Legal Protection Services (ALPS) as its preferred partner on a range of legal protection products and services.
Broker Network & Countrywide has revealed that nine brokers signed up to the networks in the past two months.
Bluefin Insurance has appointed Robin Thomson as regional managing director for the Midlands within the commercial division.
Keychoice has partnered with LV Broker in a move which will provide the network with access to the insurer's ABC home product.
TEn Insurance has revealed that and has reached a total of 81 members with six new additions last quarter.
Mark Hodges, CEO of Towergate, has declared the 1% increase in gross written premium and 3% rise in income as "really important" and a "positive for the group".
Towergate has revealed a loss before tax of £9.9m for the first half of 2013.
It was a month dominated by networks as the likes of Broker Network, Countrywide and Purple Partnership all released an assortment of products.
Tony Proverbs has been appointed as non-executive director at 1 Answer Brokerdrive.
Broker Network & Countrywide has appointed Richard Pitt as sales and marketing director.
Sterling Insurance Group has joined the Purple Partnership preferred partner list.
Willis’ networks division has added 12 new members.