Broker News – Page 206
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Hyperion chief: RK Harrison merger will be biggest focus of 2015
But David Howden insists his strategy is not driven by acquisitions
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Broker Network head joins NCI
Towergate-owned network sales head quits to build north-east broker’s affinity business
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Hyperion reports 20% profit rise and 7% organic growth for 2014
Broking group’s revenues increased by 19% to £199m
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Broker optimism fell in Q4 despite growing profitability
CBI/PwC survey also found that general insurers’ business volumes grew for first time in two quarters
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Willis creates new Willis GB unit as part of group-wide restructure
New division comprises UK retail, facultative and London specialty businesses
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Jim Sutcliffe exits Financial Reporting Council amid Quindell share option row
Sutcliffe oversaw the FRC code which recommends non-exec directors should not receive options in their pay deals
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Close Premium Finance moves brokers' customer agreements online
Brokers can now scan and upload a customer’s signed credit agreement into CBPF’s i-prompt platform
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Towergate secured creditors submit formal takeover bid
Bid includes new money facility for cash-strapped broking group
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Moneysupermarket expects 13% profit growth in 2014
Flattening motor rates boost insurance price comparison revenue
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Alan & Thomas buys fellow Brokerbility member
Bennetts Commercial’s team will all be retained and led by director Carole Lowe
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Biba launches young broker steering group
Group chaired by Bluefin account broker James Nattrass
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Saga to launch insurer panel for motor business
Panel to write business that falls outside Saga’s underwriting appetite
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MGA reveals insurer plans for former Towergate run-off firm Folgate
New owner APC Underwriting says Folgate will underwrite niche commercial and liability products
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Private equity house Cinven buys Premium Credit for £462m
Buyer to turn premium finance firm into a ‘diversified specialty finance business’
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Ex-Gallagher international broking boss Hastings-Bass named as BMS chair
John Hastings-Bass will also chair the BMS Risk and Compliance committee
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Bluefin-owned marine broker Bishop Skinner hires new MD
Paul Birch (pictured) takes over from retiring Bill Southgate
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Six percent of drivers would consider insurance fraud to save money
Study by Kwik Fit Insurance Services says many people do not understand the seriousness of insurance fraud
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House of Lords to debate counter-terrorism bill
Bill includes plans to ban UK insurers from covering the cost of terrorism ransoms