Broker News – Page 119
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NewsMarkerstudy Group appoints ex-Tesco Bank boss as group chairman
The new recruit will support the board by advocating an ESG agenda
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NewsInsurers refuse four-by-four car cover as thefts double over decade – Broadway Insurance Brokers
Misunderstanding policy wordings can also create extra expense for policyholders if their claims are refused
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NewsRAC Insurance establishes in-house insurance intermediary
The move ‘represents a material shift in our insurance strategy’ says RAC Insurance boss
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NewsEthos Broking buys London broker to reach baker’s dozen of acquisitions
The acquisition will ‘further strengthen the wider Ethos Broking group’ by creating London foothold
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NewsTowergate strengthens Swansea footprint with new acquisition
The broker’s area director says the acquisition ’marks an exciting opportunity to strengthen our existing taxi specialism’
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NewsEx-Travelers COO joins Partners& in newly created role
The new recruit has worked as Travelers’ chief operating officer since 2016
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NewsUK brokers boast stronger relationships with clients than pre-pandemic – GlobalData
The data analytics and consulting firm also found that nearly half of brokers’ clients are interested in finding out about coverage gaps following the pandemic
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NewsBroker Direct and Proficient Insurance roll out data channel to support vehicle repairer networks
The pair’s long-term focus is to push more messages automatically to customers, to avoid policyholders having to proactively log in online or make a call
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People & OpinionQ&A: Telematics "offers brokers more engagement with customers" – ThingCo
Martin Williams, chief operating officer of ThingCo, tells Insurance Times how next-generation telematics technology is helping motor insurance brokers prepare for a different world after COVID-19
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FeaturesArdonagh ‘on cusp’ of solving BI issue before FCA test case halted project
In a call with media this morning, Ardonagh’s chief executive David Ross spoke about how an industry working group was ’on the cusp’ of finalising a solution for business interruption claims, but the FCA Supreme Court case put a stop to this
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NewsC&C Insurance Brokers continues expansion with Scottish operation
Heading up the new operation is a former Towergate employee
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NewsAston Lark buys Irish broker
Aston Lark has made four acquisitions this month – its latest purchase precedes a rebrand for its Irish division
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NewsWunelli co-founder joins IMS
The firm aims to expand beyond its core markets to become a global leader in connected vehicle data
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NewsSports broker accused of denying group of Football League clubs business interruption payouts
The clubs allege that they have lost millions of pounds as fans have been kept off football grounds since June last year
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NewsGRP buys Leeds-based broker
The broker will be the fourth business to become part of GRP’s Yorkshire hub
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Online onlyFast-growing Clear swoops for two brokers
Clear Group snaps up two brokers as premiums near quarter of a billion
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NewsDirect Insurance Group reveals multimillion pound IT investment
The group’s chief executive says digital transformation is a key strategic goal
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NewsLockdown prompts president of Insurance Institute of Manchester to seek re-election
If re-elected, she will be the only president to serve two terms at the institute since the Second World War
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NewsPIB Group buys Staffordshire-based broker
The new addition plans to make use of the ‘extra leverage and product base that being part of PIB will provide’
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NewsSpecialist Risk Group makes fourth acquisition this year
The acquisition ’perfectly complements’ SRG’s goal, according to chief executive Warren Downey
