Broker News – Page 200
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Towergate sells IFA arm to 'de-risk' group from pension transfer storm
After sale Towergate will retain responsibility and liability for all financial services products sold prior to sale completion
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News
Reserve strengthening remains uncertain - Aviva
Maurice Tulloch hails improved underwriting but adds that more work needs to be done
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AXA launches risk managment tool for brokers' commercial clients
The tool Riskhelp.co.uk will help businesses get a better understand of both their legal and civil liabilities
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Henderson scraps plans for Glasgow branch
In January Henderson said office of six would be led by Central Insurance Services ex-regional director Tom Aldridge
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AXA Scotland mid-market push showing early signs of success
In first month since kick-starting campaign branch is writing four times more mid-market premiums than a year ago
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Up to 200 sales jobs at risk at Ageas Retail
Company has entered into 90-day consultation with employees over the potential closure of its Belfast operation
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Howard Green to replace Marshall as Besso Limited chief executive
Colin Marshall announced his retirement last Friday
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Dominic Burke: JLT has almost £400m of acquisition firepower
Chief executive is also confident of continued organic growth despite slowdown in 2014
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Hyperion and R K Harrison complete merger deal
The combined group will be the world’s largest employee-owned insurance business
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JLT reports 3% profit rise and 6% organic growth for 2014
Thistle revenues fall but profit improves by 12.5%
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THB hires seven from Howden for new energy team
THB’s energy team will be led by Chris Pinnington who has also joined from Howden
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Besso’s Colin Marshall resigns after over 30 years with firm
Chief executive of group’s Lloyd’s broker to leave in mid-June
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Breaking News
Gallagher's national development director latest to exit
Andy Smallwood has resigned after three years at the broker
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Operations boss Michael Rea exits Towergate in management shake up
Ex-Gallagher finance chief Mark Mugge replaces Rea and former Aviva director John Kitson joins team
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Rural rolls out cover for hobby farmers
MGA says cover gives smallholder customers access to insurance more appropriate to their level of risk
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JLT confirms involvement in FCA thematic review into ETVs
But denies it has had to put aside or pay any redress to consumers
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Gallagher and Oval pay £9m to avoid ETV customer compensation bill
Oval and Gallagher join Towergate in becoming the latest brokers to get caught up in ETV storm
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Gallagher's Compass to launch training academy for members
The broker network is also rolling out a marketing portal for members to send newsletters to clients
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Gallagher's Compass on track for £600m GWP
Willis Networks and Broker Network members are among nine new firms that have joined Compass since January
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AXA UK achieves fourth consecutive year of double digit profit growth
Combined operating ratio for the full year 2014 improved by 1.8 percentage points to 97.1%