Broker News – Page 101
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NewsBuilding a boutique broker in the time of Covid-19 – Broadway’s Daniel Lloyd-John
Hitting £500,000 gross written premium just three months after launching specialist boutique broker Broadway Insurance Brokers’s founder and chief executive Daniel Lloyd-John tells Insurance Times about his plans for 2021 and why the North West is the ’perfect place’ for his proposition
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NewsOnslaught of Covid claims expected to hit CMCs as 70% see claims registered
Research by broker Gallagher also predicts the pandemic claims uptick will cause a 40% rise in litigation compared to previous years
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News AnalysisBrokers ‘inundated’ following Supreme Court BI appeals ruling
Brokerbility’s executive chairman says ‘time is of the essence’ as brokers scramble to ‘calm nerves of both staff and clients’
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NewsSupreme court appeals ruling is ‘watershed moment’ for insurance industry
Following the ruling from the Supreme Court case on the business interruption appeal, Broadway Insurance Brokers’ chief executive gives his views
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NewsCovid-19 pandemic exposes brokers’ over-reliance on price comparison websites
The UK lockdown has presented a unique challenge for brokers trying to get new business
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IT Interview‘We’re not interested in profit – we’re interested in building an asset’ says McCarron Coates
The Leeds-based commercial broker tells Insurance Times about its ‘old-fashioned’ approach to broking and why service quality is paramount
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NewsAon dumps Trump Organisation
It follows Trump supporters storming the Capitol on 6 January in protest of the voting system which the outgoing president claimed was ”fraudulent”
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IT Interview‘Personal relationships really matter in this industry’ – SRG’s Downey
SRG boss Warren Downey learned his trade from some of the best and brightest names within UK broking – he tells Insurance Times his story and route to leadership
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NewsSpecialist Risk Group buys construction sector MGA
Chief executive Downey says ‘developing a market leading MGA capability is a central element of our strategy’ for 2021
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FeaturesBriefing: FCA reveals anxiety over firms’ financial resilience, but is its heart in the right place?
Despite unveiling a ‘stark’ financial picture of Covid-hit brokers and intermediaries, helping firms stay in business does not seem to be the regulator’s number one priority
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NewsFCA is ‘front and centre’ of BI debate due to ‘interventionist approach’ – Weightmans
Friday’s Supreme Court ruling on business interruption policy wordings may also be used by the Financial Ombudsman Service, increasing the potential exposure for insurers
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NewsNew Dawn Risk’s UK division to serve ‘clear demand’ for big broker alternatives
During these challenging times, there has been a demand in the UK market for alternatives to big brokers that still have the expertise to help businesses
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NewsEthos Broking’s Finch buys HNW commercial broker in its first deal of 2021
The firm has made a total of 12 acquisitions since joining Ethos Broking in 2016
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IT InterviewOrganic growth is the DNA of Specialist Risk Group says broker chief executive
Warren Downey has big plans for SRG this year. Insurance Times catches up with the broker boss to uncover the firm’s objectives since receiving a funding injection from private equity investor HGGC
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NewsGallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M&A activity of the year
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NewsWatford broker scores acquisition hat-trick as part of 2021 growth plans
The broker hopes to make a fourth acquisition this March
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NewsNewly launched broker led by ex-Marsh director generates £500,000 GWP during first three months
The new broker has appointed a series of ’insurance heavyweights’ and entrepreneurs; it hopes to expand further in the coming months
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NewsPIB Group launches 2021 acquisition strategy by purchasing construction broker
PIB chief executive says the acquisition marks ‘the start of many more exciting developments to look forward to this year’ as the business plans to grow in Europe
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NewsBrokers experience 30% decrease in available liquidity due to Covid-19 pandemic
Around 19,000 firms responded to the FCA’s financial resilience surveys last year, designed to determine the financial impact of the coronavirus pandemic on the financial services sector
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NewsClear brings in new chief exec as broker group aims to keep up M&A momentum
Appointment is aimed at freeing up the existing leadership team’s time to focus on acquisitions amid a ‘feeding frenzy’ in the market
