Broker News – Page 116
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NewsDrone broker gears up for international growth after securing £1m funding
The company will continue to develop its products for new drone applications
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NewsEthos Broking UK expands East Anglia footprint with third buy this year
The broker’s M&A strategy remains unaffected despite the Covid-19 pandemic
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NewsFirst Central Group announces chief financial officer succession
The new CFO has previously worked for Direct Line Group, Quilter and PWC, to name a few
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NewsThe FCA’s pricing policy changes could be ‘profound’
Abolishing ‘unethical price walking’ could encourage insurers to find ‘more innovative ways’ to ‘rip off’ customers
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NewsRevealed: Who are the top ethnic minority leaders and role models in 2021?
Ethnic minority insurance leaders from Aon and Aviva have made it onto Yahoo Finance’s lists again this year
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NewsArdonagh Group to buy insurance operations from tech firm for $500m
The move will bring ‘two of the last remaining independent outfits of scale together to create the largest privately owned specialty broker in London’, says broker chief exec
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NewsBiba renews contract with professional indemnity broker
Biba’s head of technical services noted the ’challenging market conditions’ the sector is experiencing around professional indemnity
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NewsPartners& buys Devon-based broker to boost South West presence
Chief executive Phil Barton says the acquisition aligns with Partners&’s client-first values
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NewsPace of broker consolidation is ‘a cause for concern’ – WTW Networks
Consolidators have been using the Covid-19 pandemic ‘as a bit of a lever to push people’ into considering selling up ‘sooner rather than later’, says regions MD
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NewsDoncaster-based broker faces £15m ransomware attack
The firm’s IT team responded by shutting off the company’s servers, however the investigation has yet to reveal if any customer data has been impacted by the attack
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NewsArdonagh Advisory buys London-based loss adjusting firm
The deal is ‘vital’ in achieving the SME platform’s ‘strategic growth objectives’
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NewsGRP-owned Sagar Insurance appoints managing director
The new hire brings over 30 years of insurance experience to the role
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NewsAston Lark Ireland to buy Brady Burns and Associates
Just one month since its last acquisition, the broker has swooped for another
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NewsThe Ardonagh Group improves group income by 24.8% in 2021’s Q1
Group chief executive says the broker has developed a ‘compelling proposition for individuals and companies that value independence, agility and scale’
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FeaturesBriefing: London market innovation is crucial for combating climate change
Risk prevention is a core component within the insurance sector, making insurers and brokers perfectly placed to steer the work around climate change
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NewsShort-term risk management focus signifies corporate ‘perception gap’ – Marsh
Broker chief executive emphasises that ‘resiliency is a journey that organisations need to prioritise’
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NewsConsilium appoints head of specialty
The new hire brings 36 years of aviation broking experience to the role
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NewsSRG boosts board members with chairman and non-exec director hires
The new additions hail from JLT Group and Baker McKenzie
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NewsQlaims and Hedron Network to offer new solution for brokers
The partnership aims to enable network members to ‘differentiate themselves from the competition’
