Broker News – Page 123
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NewsGallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M&A activity of the year
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NewsWatford broker scores acquisition hat-trick as part of 2021 growth plans
The broker hopes to make a fourth acquisition this March
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NewsNewly launched broker led by ex-Marsh director generates £500,000 GWP during first three months
The new broker has appointed a series of ’insurance heavyweights’ and entrepreneurs; it hopes to expand further in the coming months
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NewsPIB Group launches 2021 acquisition strategy by purchasing construction broker
PIB chief executive says the acquisition marks ‘the start of many more exciting developments to look forward to this year’ as the business plans to grow in Europe
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NewsBrokers experience 30% decrease in available liquidity due to Covid-19 pandemic
Around 19,000 firms responded to the FCA’s financial resilience surveys last year, designed to determine the financial impact of the coronavirus pandemic on the financial services sector
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NewsClear brings in new chief exec as broker group aims to keep up M&A momentum
Appointment is aimed at freeing up the existing leadership team’s time to focus on acquisitions amid a ‘feeding frenzy’ in the market
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NewsPeter Cullum backed broker duo to form Manchester ‘powerhouse’
The two brokers are currently in talks about another local broker joining the business as part of its growth plans
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NewsGRP reports year of growth despite pandemic headwinds
Global Risk Partners reported strong growth in 2020 fuelled by its acquisitions and underwriting performance
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IT InterviewThe ‘single biggest challenge’ for brokers is capacity says Miller boss
Broker chief executive explains that ‘we’re having to work much harder for our clients to make sure we get them the deals done that they need’
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News AnalysisBrokers demand ‘much better service’ from insurers amid tightened lockdown regime
Against a backdrop of stricter lockdown restrictions, brokers tell Insurance Times that they are unimpressed with insurer service as some have ’attempted to shirk their responsibility’
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AgendaOpinion: A year to forget for many, while opportunity knocks for others
Insurance Times managing editor Yannick Guerry mulls over how 2020 has panned out, with brokers questioning service standards and reputational gains still up for grabs
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IT InterviewM&A activity is “more frenetic now then it’s ever been” – Ethos Broking
The Covid-19 pandemic is accelerating M&A conversations, with many brokers considering whether to de-risk their assets
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News‘Blanket’ broker PI exposure following Covid BI fallout is ‘overhyped’ – Fenchurch Law
Following the FCA’s business interruption test case, law firm partner says ‘of course there’s going to be broker exposure’ in relation to professional indemnity claims
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FeaturesIn Focus: What changes are independent brokers planning to make to their services in 2021?
This year has certainly been a year of change for the insurance industry, thanks to the Covid-19 pandemic, the impending Brexit deadline and regulatory intervention. But how are independent brokers tweaking their service propositions in order to survive and stand out as we enter 2021? Insurance Times asks industry leaders ...
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NewsBe Wiser revamps board to bring in senior hires from Endsleigh and Travelers
Broker chief executive says the reshuffle is the ‘significant next step’ for the company’s growth
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NewsGRP appoints chief underwriting officer for its underwriting division
The job role will see the new hire develop GRP’s digital capabilities and build long-term relationships with insurer partners
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NewsMore than 50% of brokers have experienced a mental health issue in the last 12 months
Heavy workloads and dealing with regulation are flagged as two key causes of broker stress
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IT InterviewPrivate equity investment set to bring ‘significant firepower’ to Miller
The firm was ‘not going to be able to blossom in the Willis Towers Watson family’ says broker chief executive
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NewsPIB Group buys landlord and lettings insurance broker
The firm has clocked up 35 acquisitions to date
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FeaturesWhat are the most profitable schemes for brokers amid the pandemic recession?
Although commercial combined schemes have brought brokers the most commission between April and September, residential property owners’ cover is declared the ‘biggest earner’ for this period
