Broker News – Page 182
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Hastings hires home broking head as it prepares for future
Chief executive Gary Hoffman aims to stay ahead of competition as company pursues opportunities in telematics, multi-car and home
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The Insurance Times Top 50 Brokers 2015
The definitive listing of the 2015 Top 50 Brokers has now been released. Who are this year’s risers and fallers, and which firms are knocking at the door of the top 10?
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Hastings becomes latest insurer to be hit by claims inflation
Net insurance claims in the first half of 2015 was up 18% to £86.8m in H1 2015
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Gallagher MGA Pen appoints ex-Brit Reinsurance boss Turner as exec chair
Jonathan Turner will work with Pen MD Mark Armitage to review how MGA can maximise underwriting capability
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Rates increase boosts Hastings pre-tax profits by 54.3%
Group chief executive Gary Hoffman said the improvement was also down to disciplined approach to underwriting
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Regulatory probes cost Towergate a further £1.6m in Q2
Broking group now expects ETV and UCIS redress payments, if any, to start in Q4
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Ross to join Towergate this year as Gallagher suit settled for £20m
All legal proceedings cease as Towergate pays £8m towards settlement
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Towergate makes £58m H1 loss as restructuring continues to bite
But interim chief Scott Egan insists that the company is showing signs of improvement
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Adrian Brown to replace Scott Egan as interim Towergate chief
Brown to become chief operating officer when David Ross arrives in November
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Integro buys film and TV MGA
Entertainment Risk Management bosses John Green and Karl Crawford will continue in their leadership roles
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RSA shares rise sharply on Zurich's 550 pence proposed offer
RSA prepared to agree to offer subject to negotiations on terms as deadline for bid extended
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Be Wiser looks to youth for recruitment drive
The broker aims to hire 120 apprentices by October
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FCA cancels permissions of ex-Coversure franchisee
Regulator said Tamworth-based Mark Cleaver failed to be open and co-operative
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Broker Network insurer relations boss Smith departs
Dene Smith is set to join AXA as Birmingham branch manager in September
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AXA to launch guide to clear up confusion over fraud meaning
Richard Davies says disconnect still exists between what insurers and brokers or public think is fraudulent
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John Kitson leaves Towergate consulting role as two more depart
Chief information officer Jill Lucas to leave broking group in September
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Jelf shares 17.9% jump on Marsh confirmed deal talks
Broker has confirmed talks in stock exchange announcement
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Jelf confirms takeover talks with Marsh
Company says talks at early stage, with no certainty of an offer
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Briefing: Why Marsh is courting Jelf
Five years of rebuilding and a storming stock market performance lead to takeover talks with Marsh