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.
Ten Insurance Services has partnered with Prism Network to provide disaster recovery and repair services to its members.
Towergate has made two appointments to its networks division.
1 Answer has partnered with THB Group to roll out professional indemnity (PI) insurance to all of its members and their clients.
Yutree Underwriting has left Cobra Network in a bid to become a "truly independent intermediary".
Willis is in talks to sell part of its direct commercial business portfolio in England to a member of its commercial network.
Momentum has appointed Joe Wyatt as broking manager.
Towergate has reported a 2% drop in operating earnings to £33.8m for the first quarter of 2013, from £34.6m in the first three months of 2012.
LV has joined Ceta’s home insurance panel which currently includes Allianz, Ageas, Covea, Zurich and Covea and is responsible for £25m of premium income.
MacKay Corporate has joined Brokerbility as its first Scottish-based member, taking the group’s membership total to 36.
Purple Partnership has snapped up former NIG stalwart Andrew Elliot as development manager for the South.
Compass Broker Services has struck a three-year "strategic agreement" with Ageas UK Insurance worth an expected £20m covering both personal and commercial lines.
Momentum Solutions has reported a loss of £129,470 for 2012, down from a £289,993 loss posted last year.
Towergate has posted a “strong set of results in the round” according to group CEO Mark Hodges.
TEn Insurance has reported first quarter GWP growth of 23.4% to £5.9m.
Broker Network and Countrywide have unveiled a double senior appointment with the arrival of former Axa man Dave Wilkins and the promotion of Emma Parr.
Broker Network and Countrywide has extended its relationship with Lorega to include the launch of Household Network Assist.
Brokerbility has added London based Miles Smith Insurance Solutions, the newly formed retail division of Miles Smith, to its membership list bringing the total to 35 brokers.
Network pressures symptomatic of insurer scrutiny on profitability, say brokers