Broker News – Page 168
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NewsMike Crane to step into LV= Broker MD role in January
Crane’s replacement Euros Jones will join LV= Broker as commercial director in the first quarter of 2016
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NewsDave Smith joins Lockton as non-exec director
Smith will advise the boards of Lockton and the broker’s managing general agency
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NewsAston Scott operating profits climb 22.1%
Broker plans to make targeted acquisitions over the coming year to supplement organic performance
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NewsTowergate to add 100 to advisory sales team
Company plans to expand branch network over next two years
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NewsCarlyle firepower will help PIB's aggressive recruitment - McManus
PIB is also continuing with its aggressive recruitment plans
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Online onlyCovéa revamps private car policy wording
Insurer used behavioural economics to identify reasons why customers avoid reading insurance documents
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NewsBoards need to hire younger directors to prevent cyber threat
Finance experts say young directors can contribute in-depth understanding of the risks and preventative strategies
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NewsFinance sector high on list of criminal targeted cyber-attacks
The research by Control Risks predicts that hardware compromise will be the most impactful cyber-attack technique in 2016
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NewsBrightside signs five-year deal with RAC
Under the terms of the agreement Brightside will sell a variety of breakdown products to customers across its motor book
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NewsPeter Hubbard: Some insurers are starting to pull back from SME
UK General could be close to £500m GWP at end of current financial year
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NewsQuindell investors kick off legal action
Law firm Your Legal Friend is acting on behalf of 342 disgruntled investors who intend to sue the company for £9.4m
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NewsEuropean Council adopts Insurance Distribution Directive
Member states now have two years to embed the directive into their regulatory framework
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NewsNational Accident Helpline hires Simon Trott as MD
Trott’s appointment will enable Russell Atkinson to focus on his role as chief executive of the NAHL group
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NewsAllianz makes two senior hires to replace John Knowles
One of the roles will be filled by Stephanie Smith who has been promoted to chief operating officer
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NewsBluefin buys Scottish broker Lomond MacDonald
AXA-owned broker says it is looking for more acquisitions
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NewsIntegro buys Entertainment Insurance Partners
Latest deal in a series of entertainment and sports acquisitions
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NewsCarlyle confirms stake in Giles consolidator PIB
Giles predicts PIB will be ‘a major consolidator’
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NewsFitch turns negative on Towergate ratings over debt and cash flow
Ratings agency says there is ‘significant execution risk’ with broker’s turnaround plan
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NewsJulie Page to leave Marsh following Jelf restructure
The bulk of Page’s commercial and consumer unit will transfer to Jelf
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Online onlyIFB to expand investigations into property and liability
Ben Fletcher said IFB would continue to maintain focus on motor amid expansion
