Broker News – Page 114
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Aston Lark makes first acquisition
Aston Lark makes its first acquisition as a group and reveals there should be more to come
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Saffron completes second acquisition in three days
Saffron completed its first acquisition under Broker Network on Friday. It has now completed its second
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The Flux Babes are no more – Exclusive
Adrian Flux cans controversial Flux Babes promotional girls initiative amid changing times
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Pen Underwriting hires extend broker support network
Pen announce two senior hires as it looks to strengthen its broker support network
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Saffron makes first acquisition under Broker Network
Saffron Insurance buys Grove Financial Management Ltd, its first acquisition since partnering with Broker Network
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Ardonagh’s Mark Mugge to take on new challenge
Ardonagh chief financial officer Mark Mugge steps out of his current role at Ardonagh to focus on the year ahead
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Ardonagh owners buy Compass
Compass joins stable of insurance investments that includes Towergate
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PIB completes Lorica acquisition
Lorica Insurance Brokers is PIB’s thirteenth acquisition in less than two years
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QBE to target regional brokers
Insurer QBE will be reaching out to regional brokers in 2018, according to Europe chief executive Richard Pryce
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Seventeen Group acquires two Scottish brokers
Seventeen Group has made a total of three acquisitions this week
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“We need to rethink our approach” to cyber risk – Marsh chief exec John Doyle
Marsh chief executive John Doyle says insurers are “worried” about cyber insurance, and suggests a new strategy is needed to tackle the growing risk
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Swinton axes 40 branches
Broker Swinton is closing 40 branches, putting 268 jobs at risk
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Prince Harry royal wedding coverage forces Biba 2018 host shake up
Biba 2018 will now have a new conference host, after Sophie Raworth hit a scheduling conflict because of Prince Harry and Meghan Markle’s wedding
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Do brokers REALLY understand client money and risk transfer? Why fined One Call may not be alone
Compliance consultants have urged brokers to check their TOBAs, and make sure they are well-versed in the rules on client money, after One Call was slapped with a £684,000 fine and trading restriction expected to cost £4.6m
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Geo, formerly Towergate, and DAS launch home product for private clients
DAS UK partners with Geo Underwriting, the newly rebranded Towergate, to launch HNW home insurance product
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PIA - The cutting edge of broking
Technological innovation has tended to benefit personal lines. But PIA’s young chief executive contends that commercial brokers can see the benefits from it too, and says she has the model and the mettle to prove it.
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Broker Network sets sights on acquisition growth with senior appointment
Broker Network looks to add more acquisitions with the appointment of a new commercial director
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Consolidator GRP acquires Bromley-based broker/MGA
Broker and MGA Camberford Law is snapped up by consolidator that shows no signs of stopping