Broker News – Page 171
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Quindell to suspend shares on AIM as name change approved
Shares will be suspended for three days from 16 December as firm awaits court decision on share merger plan
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BGL on recruitment drive as it sets up digital hub in London
The office in Shoreditch will be involved in research and development and development of data and analytics
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Allianz personal lines underwriting boss Tom Moss departs
Allianz broking director Simon Brimicombe will assume Moss’s role until replacement is found
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Post Office launches motor cover for over-50s
Product is part of its commitment to become leading financial services provider
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Insurers welcome Osborne's whiplash crackdown
Industry hails ’breakthrough in tackling compensation culture”
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AXA pens five-year deal with Towergate-owned BiBU
The contract which comes into force in January 2016 was previously held by RSA
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Osborne sets apprenticeships levy at 0.5% of payroll
Companies with payrolls less than £3m a year will be effectively exempt
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Osborne to end right to cash payouts for minor whiplash claims
Chancellor says reforms will save £1bn from motor insurance costs
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Allianz offers higher limits to brokers in excess liability cover revamp
The insurer has also extended its list of approved primary insurers
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Jelf shares suspended as Marsh deal nears completion
Trading in Jelf shares to end at 7.30am tomorrow
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Ross: Towergate small business unit a ‘catastrophe’
Chief executive praises SBU staff for their tolerance
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Covéa revamps e-traded tradesman offering
Change is part of wider plans to revamp entire small business product range
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London Market underprepared for TalkTalk-style hacking
Only one-third of London Market insurers believe their firms can withstand major cyber-attack – Xchanging survey
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ICO fines PPI claims company £80,000
UKMS Money Solutions Ltd (UKMS) sent more than 1.3 million spam texts
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ICO to probe more than 1,000 data sellers
Companies are believed to play role in compiling and selling names and numbers used by cold callers
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Ross: Towergate must tackle ‘infrastructure issue’ before M&A
Broking group heading ‘in a very healthy direction’, new chief executive insists
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Discontinued insurer deals drive 8.7% fall in Broker Network income
Adjusted EBITDA also fell by 30%
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Innovation Group joins Startupbootcamp
Innovation Group will provide guidance on market exposure and the global property and motor claims sector
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Regulatory probes cost Towergate £8.8m in first nine months
Towergate has also moved the date when it expects to start paying customer redress, if any, to Q1 2016 from Q4 2015
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Towergate reports underlying loss of £18.7m as costs hit
Broking group “resilient” despite performance deterioration, says chief executive David Ross