Broker News – Page 116
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New Marsh partnership to help brokers with succession plans
New Marsh Networks partnership will make more services available to broker directors looking to retire
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ECIC urges brokers to help customers in the fallout of Carillion
ECIC says many customers are at risk of financial difficulties, or even failure, because of the Carillion collapse
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Broker Network completes fourth ‘major' regional acquisition
Broker Network completes the purchase of East Anglia-based Saffron, its fourth “regional powerhouse” since October 2016
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Higos founder and managing director to take on chairman role
Higos’ founder Ian Gosden becomes chairman, as the GRP-owned broker appoints a temporary managing director
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Markerstudy enters multi-year agreement with software specialists
Markerstudy will utilise Quotall’s cloud-based, e-trade platform system
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Travel broker founders set to make £30m as PE swoops in
Travel brokers set to make millions as Stackhouse Poland backer swoops in for £30m deal
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Direct Insurance Group renews Property & Casualty facility, expects “significant” rate movements
Direct Insurance Group chief executive David Bearman has seen Caribbean local markets “move prices forward substantially”, with “significant” rate movements.
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Small brokers are thriving, says Broker Network
Year-end data reveals small, independent brokers are growing by 13% despite relatively flat market pricing
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Lockyers appoints new board and sets sights on big organic growth
New Lockyers board will aim to double the size of the business over the next three years, following “consistent” annual growth
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Government's top 10 insurance suppliers in 2017 revealed
The government’s top insurance supplier was awarded £167m in frameworks and grants in 2017, more than double that of other top competitors
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Clarke appointed global CEO of JLT Specialty
Lucy Clarke has been appointed as the new global CEO of JLT Specialty
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Disgraced former executive chairman takes AA to employment tribunal
Bob Mackenzie is reportedly refusing to pay back £1.2m in bonuses after he was fired for assaulting another senior AA employee last year
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Biba launches trade credit insurance scheme
New Biba trade credit insurance scheme will be offered through CMR Insurance Services
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Public sector quadruples terrorism insurance purchases
Public sector purchases of terrorism policies rose by 331% in 2017, according to the latest research
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MSL partners with Routen Chaplin to provide classic car cover
MSL, which is part of the Drive Further collective, sign deal with Routen Chaplin to provide cover for members of the Vintage Sports Car Club (VSCC)
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Endeavour puts first risk policies on cyber portal
The Lloyd’s broker announces the successful placement of the first risk policies onto its new cyber portal
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Brokerbility adds new member
Brokerbility confirm the addition of northern brokers, Lloyd Bolam
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Royal London to provide Over 50s cover for Clydesdale and Yorkshire Banks
Customers will be able to purchase Royal London’s Over 50s life cover from a Clydesdale or Yorkshire Bank branch, or online
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Higos acquires GMM Commercial
Higos, part of the GRP Group, has acquired Devon-based GMM Commercial to enhance presence in the south-west
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Allianz opens new "flagship" commercial office in Southampton
Allianz opens new “flagship” Southampton commercial office