Broker News – Page 133
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NewsCrawford announces new UK business strategy boss
April Stowers will head up the firm’s UK broker program
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NewsZego launches private hire policy for drivers affected by unrated Alpha’s collapse
Gig economy insurance company Zego creates new policy for cab drivers forced off the road by Alpha’s bankruptcy
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NewsAviva rescues Carrot customers after unrated Alpha's fall
Affected customer no longer need to pay premiums on current policy as Danish Guarantee Fund will provide Aviva with the refund from the cancelled policies
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NewsGallagher acquisition first of many for 2018 and 2019
Gallagher’s chief executive of UK retail Michael Rea says the purchase of Risk Services marks a return to the M&A space
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NewsFinch continues on acquisition trail and launches risk management consultancy
Finch Group snaps up a Broker Network member with its sixth acquisition in 18 months
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News“Many would lose out” – JLT analysis reveals SRA solicitors’ professional indemnity reform flaws
SRA expectations that reforms will cut solicitors’ professional indemnity premiums by 5-10% are misguided and will lead to inevitable coverage issues, says JLT Specialty
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NewsGallagher acquires Chester-based broker
Risk Services join Gallagher as part of north-west network
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NewsIndustry dual pricing guide launched amid the growing outrage
ABI and Biba launch new set of guidelines to tackle the huge differences between new customer premiums and renewals
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NewsCovéa Insurance profits hit by Ogden, claims inflation
Covéa Insurance’s profits fall by over a third for 2017, hit by the effects of the Ogden rate cut and claims inflation
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Online onlyPrivate equity-backed consolidation a potential threat to growth - Gallagher
Gallagher flags up the risk of private equity-backed consolidators in its annual report
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NewsCullum consolidator GRP swoops on Zurich for new Higos chief
GRP-owned broker Higos announces former Zurich regional head as its new managing director
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NewsRegional broker CEO poised to take over Sunderland FC
Bridle Insurance CEO Stewart Donald to sell Eastleigh in order to buy former Premier League team
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NewsFCA makes ‘clone broker’ warning
FCA release warning relating to Blue Insurance, who it says is a clone of an authorised firm
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NewsMarsh board’s cyber strategy led to “tension” with its global HQ – Mark Weil
Mark Weil has revealed that when Marsh’s global headquarters took charge of the group’s cyber strategy, this posed a “challenge” for the UK & Ireland unit
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NewsBrokers get a boost with new contractors liability product
Incorporated Insurance Group Ltd launch a new product to compete with trade insurers
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NewsThe slow death of the high street as insurance shop closures continue
The number of insurance shop fronts plummeted in 2017, with business moving online. But A-Plan aims to buck the trend and is opening more stores
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NewsClose Brothers likely to miss out on millions over broker collapse
Administrator Begbies Traynor is considering whether to approach Close Brothers over an extension of the administration period, as the second report reveals a cash shortfall of millions
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NewsStackhouse Poland acquires Birmingham broker
Stackhouse Poland completes acquisition of Birmingham-based Honour Point
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NewsAviva ends all business with GRP-owned broker over commission demands
Aviva scrap all Alan & Thomas agency as the GRP-owned broker demands higher commission
