Broker News – Page 112
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“Many would lose out” – JLT analysis reveals SRA solicitors’ professional indemnity reform flaws
SRA expectations that reforms will cut solicitors’ professional indemnity premiums by 5-10% are misguided and will lead to inevitable coverage issues, says JLT Specialty
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Gallagher acquires Chester-based broker
Risk Services join Gallagher as part of north-west network
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Industry dual pricing guide launched amid the growing outrage
ABI and Biba launch new set of guidelines to tackle the huge differences between new customer premiums and renewals
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Covéa Insurance profits hit by Ogden, claims inflation
Covéa Insurance’s profits fall by over a third for 2017, hit by the effects of the Ogden rate cut and claims inflation
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Private equity-backed consolidation a potential threat to growth - Gallagher
Gallagher flags up the risk of private equity-backed consolidators in its annual report
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Cullum consolidator GRP swoops on Zurich for new Higos chief
GRP-owned broker Higos announces former Zurich regional head as its new managing director
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Regional broker CEO poised to take over Sunderland FC
Bridle Insurance CEO Stewart Donald to sell Eastleigh in order to buy former Premier League team
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FCA makes ‘clone broker’ warning
FCA release warning relating to Blue Insurance, who it says is a clone of an authorised firm
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Marsh board’s cyber strategy led to “tension” with its global HQ – Mark Weil
Mark Weil has revealed that when Marsh’s global headquarters took charge of the group’s cyber strategy, this posed a “challenge” for the UK & Ireland unit
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Brokers get a boost with new contractors liability product
Incorporated Insurance Group Ltd launch a new product to compete with trade insurers
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The slow death of the high street as insurance shop closures continue
The number of insurance shop fronts plummeted in 2017, with business moving online. But A-Plan aims to buck the trend and is opening more stores
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Close Brothers likely to miss out on millions over broker collapse
Administrator Begbies Traynor is considering whether to approach Close Brothers over an extension of the administration period, as the second report reveals a cash shortfall of millions
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Stackhouse Poland acquires Birmingham broker
Stackhouse Poland completes acquisition of Birmingham-based Honour Point
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Aviva ends all business with GRP-owned broker over commission demands
Aviva scrap all Alan & Thomas agency as the GRP-owned broker demands higher commission
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Ross says Ardonagh aims to double in size
CEO David Ross says Ardonagh aims to double in size, and is looking abroad for acquisitions
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'New disruptor' Ardonagh boosted by acquisitions, distribution
CEO David Ross says Ardonagh is “a new disruptor” in the marketplace
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Markerstudy joins major insurers to back Brolly
Markerstudy joins AXA and Ageas on the insurer panel for start-up app, Brolly
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SSP investigating issues 'as priority' after customers suffer continued disruption
Some customers have been having trouble accessing their emails since Friday, a problem SSP is investigating the issues “as priority”
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Commercial lines broker raises £2.7m in funding
A ‘disruptive’ commercial lines broker raised £2.7m in fundraising round with help from Committed Capital