Broker News – Page 194
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NewsFCA puts industry under the cosh over premium finance charges
In some cases FCA review found that interest rate fees and APR charges were not always provided
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NewsBrokerbility rebrands broking businesses
B&R, O’Connors and Fehnerts will be Rebranded as Brokerbility Insurance Brokers from 1 June
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NewsWillis Re’s Peter Hearn to take helm at Guy Carpenter
Marsh chief executive Peter Zaffino named chairman of risk and insurance services
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NewsSeventeen Group acquires London broker
Thompson and Partners specialises in credit and marine insurance
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NewsBlanc completes private equity-backed MBO of Aston Scott
Andrew Scott will step down as chairman but will remain as a significant investor in the business
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NewsMarkerstudy forms new affinity division
Unit will fuse Ultimate Pet Partners, BDML Connect and Supercover
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NewsHowden acquires care home broker
Care Home Insurance Services (CHIS) managing director David Waters will become chair of Howden Care
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NewsYorkshire broker secures refinancing deal
Burley Group has moved to Yorkshire as sole banker following MacQuarrie’s exit from UK
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NewsAon Risk poaches Zurich personal lines broker head
Ian McManus will head high net worth proposition team
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NewsHiscox awards Bruce Stevenson delegated authority
Edinburgh-based firm first in Scotland to partner with high net worth insurer
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NewsJelf’s Barton lays out growth battle plan in SME mid-market and corporate
To compete in mid-market brokers must have a technically and highly competent consultative claims offering - Phil Barton
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NewsTowergate strengthens Scottish operations with senior hires
Changes follow the completion of the Group’s recent recapitalisation
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NewsGoogle: We are not here to disrupt insurance
Google head of digital marketing Carolina Vicente told delegates at the Insurance Times Innovation and Disruption Conference 2015 that the search engine giant has ‘no plans’ to start offering insurance
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NewsAon broking unit suffers 7% operating profit drop in Q1
Division achieves 3% organic growth but revenues drop 5% as exchange rates bite
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NewsAgeas makes senior hires to support commercial lines expansion
Ageas is targeting organic growth in UK commercial lines, with a focus on SME and fleet
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NewsMarsh parent’s Q1 broking profit rises 8% despite revenue dip
Division reports organic growth of 3%, which is offset by foreign currency movements
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NewsAXA launches new household product for high value homes and contents
AXA Advanced created to plug gap in insurer’s offering to meet needs of brokers’ more affluent clients
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NewsMoneysupermarket insurance revenue rises 12% in first quarter
Boost driven by ‘improvements to customer journey’
