Broker News – Page 101
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NewsArron Banks loses defamation case against freelance journalist
The case has been ongoing for nearly three years and is a win for public interest journalism
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NewsTwo thirds of schemes brokers dissatisfied with support from insurers
Almost half of these brokers are also unhappy with insurers’ claims services
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NewsSexism still rife within insurance sector – Women in Tech panel
Being ’bold’ is part of the solution to breaking the glass ceiling, says chief executive
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NewsData breach and ransomware the main drivers for UK 2021 cyber claims – Marsh
The health care sector was the hardest hit
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NewsJMG-owned Greenwood Moreland boosts Scottish presence with GI broker buy
The deal represents the first acquisition since Greenwood Moreland joined JM Glendinning Group earlier this year
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NewsCyber insurance sees triple-digit pricing increase in Q4 2021 – Marsh
The rate increase has been driven by a rise in ransomware claims
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NewsMarsh ranked top broking group for worldwide revenues in 2021 – Insuramore
The broker was also ranked as the leader in commercial property and casualty insurance retail broking
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NewsJM Glendinning Group buys Scotland’s biggest independent broker
It will take JMG Group’s gross written premium in Scotland to £50m
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NewsCyber insurance cost has more than doubled year-on-year – Howden
Pricing for cyber insurance is approaching the ‘limits of economic viability for some’, says executive director
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News‘One size doesn’t fit all’ when it comes to broker consolidation – The Clear Group
Consolidation is a ‘natural feature’ of the broking market to ‘allow succession’, says executive chairman
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NewsThe Clear Group buys ‘real prize’ London broker to ‘get greater critical mass’
Broker’s executive chairman speaks exclusively to Insurance Times, detailing the drivers behind its second largest acquisition to date
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NewsReal estate business booming for regional brokers – Ecclesiastical
The biggest challenge for brokers in the specialist market is greater scrutiny from insurers
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NewsBrokers are ‘safe haven’ for M&A capital
Amid record amounts of M&A, independent brokers can showcase their status to build customers, while consolidation potentially makes room for broking startups – if they can pass regulatory muster
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NewsTop insurance ethnic minority future leaders and role models revealed
Ethnic minority leaders and role models from Clear Insurance, Allianz, Aviva and Aon have featured on the 2022 Empower ethnic minority lists
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NewsThe Ardonagh Group posts 29% adjusted ebitda growth for Q1 2022
The broker also reported a 44% increase in total income for 2022’s first quarter
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NewsBrokers set for starring role in future of personal lines
An expert panel at Biba’s 2022 conference discussed the future of personal lines insurance and how brokers can play an important part
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NewsPIB buys Spanish specialist broker
The purchase represents a continuation of the firm’s strategy to turn towards European M&A
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NewsInsurance DataLab names best broker in UKGI
It marks the second consecutive year the broker has finished on top in the market intelligence firm’s rankings
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NewsGRP’s County Group buys broker in third deal of 2022
County Group is ‘actively looking for more opportunities’ and is keen to speak to vendors
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NewsAdam Winslow: Managing inflation means separating commercial lines from personal lines
Despite the challenges of inflation, there is an opportunity for both insurers and brokers to do ‘really well’ through better understanding insurer risk appetite, says UKGI boss
