Broker News – Page 205
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NewsGreen Insurance profits dip after withdrawal from unprofitable businesses
But withdrawal and integration of resources and systems helps acquisitive broker’s EBITDAE to improve
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NewsFlood Re names Guy Carpenter as its reinsurance broker
Managing agent for the scheme to be named in two weeks
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NewsMiles Smith eyes acquisitions with new Clydesdale banking facility
Lloyd’s broker says new finance will allow it to pursue growth plans
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NewsCigna replaces AXA as AA travel insurance underwriter
Cigna will also provide claims and marketing expertise
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NewsWillis to take 85% stake in Miller as sale talks conclude
Brokers’ combined wholesale businesses will trade under Miller brand
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NewsAgeas strengthens partnerships team with senior hires
Ageas Retail wants to develop its partnerships business
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NewsPrice comparison growth drives BGL’s 6% profit boost
Comparethemarket owner’s profit before tax grew to £93.5m after 13% revenue growth
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NewsApplied integrates premium finance house into broker back office platform
Brokers can quote and bind a policy and arrange Close Brothers’ premium finance payments at the same time
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NewsNCI to delist from ISDX Growth Market
Breakdown recovery firm and insurance broker to vote on plan at general meeting next month
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NewsAXA reveals battle plan to tackle commercial lines fraud
Insurer is detecting more fraud in commercial lines
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NewsFind a Broker passes 150,000 mark
Thousands of elderly customers helped with access to insurance
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NewsBrightside and Covéa seal private car deal
Insurer’s product will be on offer to broker’s online and affinity partners
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NewsOAMPS UK head Howard Pearson leaves Gallagher
Pearson “fundamental” to the integration of OAMPS teams into its new parent
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NewsWillis Aerospace boss promoted to chief broking officer of new GB unit
Philip Smaje will be responsible for driving broking strategy
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NewsNo FSCS levy for insurance brokers in 2015/16
But compensation scheme detects rise in deafness and mesothelioma claims
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NewsPaymentshield hires Rob Evans as chief financial officer
Evans joins Towergate-owned broker from Sheffield-based firm Westfield Health
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Online onlyAllianz launches 2015 scholarship programme
Training programme will provide places for 50 brokers in both commercial and personal lines
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NewsBiba urges FCA to be more proportionate in manifesto launch
Ten point plan aims to cut the cost of regulation and provide more value for money for brokers
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NewsYutree MD Kevin Hancock steps down as chair of Biba small brokers board
Mason Owen Financial Services managing director Andrew Gibbons will become new chair
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NewsBroker fee for running FSCS to halve
But for insurers they will have to pay 44% more towards the scheme’s running costs
