Broker News – Page 187
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Budget - Osborne raises Insurance Premium Tax to 9.5% from 6%
Announces major review of regulation of claims management firms
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David Ross claims 'trust breach' voided his Gallagher contract
But moved trial date means he will not be able exit his contract early
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Gallagher and David Ross to enter pre-trial mediation
Two-day process to take place between 14 September and 4 October
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Adrian Colosso to leave Howden in July
Departure of Howden UK chief executive follows two years with company
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Mark Mugge named Towergate finance chief
Former Gallagher executive will continue to act as chief operating officer until replacement found
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Thistle's new PI division targets £15m GWP
Division will be led by ex-Towergate Underwriting PI head Peter Newson
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Fast growing Finch makes two acquisitions in three months
The acquisitions take Finch’s overall GWP to £20m
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Willis Networks adds three new members
Willis Networks has increased membership to 119 with the trio of signings
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Bluefin hires former Kerry London MD
Nick Pay and ex-QBE executive Paul Scott will head midlands branches
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Ex-Brightside chief exec Paul Williams joins Thistle as MD
Thistle chief executive Paul Matthews stepped down from his role in May
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FCA corrected motor broker's £17m client money deficit
The regulator revealed in annual report it also prevented 1,300 law firms renewing with an insolvent insurer
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Former Endsleigh commercial head buys Sheffield broker
Tim Larden to run charity insurance specialist Ladbrook
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Retail insurance ranked fourth highest for whistleblowers - FCA
FCA received just 24 disclosures from whistleblowers about commercial lines insurance
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Swinton hires new distribution head following Kelly Ogley exit
Richard Beaven to join broker from Lloyds Bank on 1 August
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Aggregators and direct insurers included in European broker directive
But there will be no move towards mandatory disclosure of commissions
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ABI data shows 'link' between driver age and claims risk
ABI says a driver’s age is one of the factors insurers consider when setting the price of car insurance
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Cooper Gay debt ratings at risk of downgrade
Moody’s puts broker’s B3 rating on review as profits weaken
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Former Esure chief executive Peter Graham to chair Barbon
Appointment follows completion of Barbon’s Carlyle-backed MBO
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Barbon returns to operating profit and closes Glasgow office
Carlyle-backed management buy-out completed last week
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Willis share price rebounds following Towers Watson deal
Broker’s shares up 3.3% in yesterday’s trading