Broker News – Page 203
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Protected no claims bonus changes will push up motor premiums - CMA
The Competition and Markets Authority accepts costs and premiums will increase, but says the ultimate benefit felt by the consumer will be greater
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Aon creates new SME arm after merger
Aon Risk Solutions boss Jim Herbert says move will position broker for growth
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IFED’s Dave Wood joins Hastings in counter-fraud role
Wood to lead broker’s new specialist fraud investigation team
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Towergate chairman hails unsecured creditors’ takeover deal
Certainty about future will allow unfinished transactions to be completed, says Alastair Lyons
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Towergate’s unsecured creditors strike deal to take control of broker
Highbridge, KKR and Sankaty will own 80.6% of company
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Aon broking profit rises 7% in 2014 as group enjoys 26% jump
But organic growth in broking slips back to 2% because of fall in reinsurance revenue
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Brokers face 'significant' charge over FCA ban on premium rate numbers
A firm with a 75-seat call centre could pay £90,000 a year for switching to a cheaper line
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Broker Network expands offering to Northern Ireland members
Irish members were previously part of Countrywide membership tier
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Tysers appoints new chief operating officer
Stuart Blakeborough joins from Lancashire Insurance Group
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Peter Cullum-backed consolidator funds broker Ropner MBO
Marine broker will use investment to expand business through acquisitions of teams
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C&C lands new operations director
Paula Williams chosen for her ‘invaluable experience’ and industry knowledge
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Towergate junior bondholders ‘unlikely to make meaningful recovery’
Moody’s downgrades broker’s unsecured debt to C
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Biba announces speakers for 2015 conference
Professor Brian Cox (pictured) and William Hague will give keynote addresses in Manchester
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Gallagher broking profit rises 29% but organic growth slips
Broker warns that 2014 organic growth levels may not be repeatable
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Gallagher hires aviation head from Tysers
Mark Walters chosen for his depth of knowledge and strong insurer relationships
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Canadian insurer Fairfax to buy QBE's Ukrainian insurance arm
Acquisition follows purchase of QBE’s Czech Republic, Hungarian and Slovakian businesses two months ago
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Lloyd's broker doubles GWP to £70m with acquisition
Clegg Gifford’s acquisition of broker Westminster leaves former owner Tradex as insurer only
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Ageas Insurance Solutions’ Mike Stanley to leave in March
Departure of change and development director follows review of partnerships leadership team