Broker News – Page 208
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NewsIFB makes key hires to drive forward new fraud fighting strategy
The bureau wants to manage fraud across all product types and build an intelligence-sharing infrastructure
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NewsRural takes six from Towergate-owned BIB
Hires are part of managing general ageny’s plans to become second largest farm insurer within three years
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NewsAgeas completes sale of life insurance arm for £197m
Sale allows Ageas to continue to focus on non-life business
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NewsSkills shortage at regulator as insurers poach staff
Insurers and bankers are taking staff from PRA to meet growing compliance demands
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NewsYear in review
Big deals, shock resignations and litigation. Here are the headlines that set the agenda in 2014
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NewsInsurers cancel policies amid broker client money confusion
Administrators unable to pay insurers do not know if accounts have been reconciled or are in deficit
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NewsJM Glendinning launches new corporate business with second Gallagher hire
Carol Adamson has joined Nigel Wood to help grow book to £1m commission business in four years
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NewsA&A Group returning broking arm to profitability after £4.5m loss
Broker has written more new business in the second half of 2014 than the first six months
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NewsTowergate December performance hit by delays to insurers deals
Insurers waiting for uncertainties about broker’s future to be resolved
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NewsChange in distribution models drive top home insurers to lose market share
Intensified competition between companies could threaten their future profitability - research firm Timetric
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NewsAXA renews five-year underwriting deal worth £20m with broker Cherish
AXA will exclusively underwrite Cherish’s home (including B&B), second home and buy to let products
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NewsHome and motor premiums continue to fall - Biba/Acturis
In the mid-market commercial businesses saw an increase of 1.6% in Q3 2014 compared to Q3 2013
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NewsDevitt launches caravan and motorhome dealer product with LV=
Expansion from motor trade insurance
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NewsStackhouse Poland completes private equity backed MBO
Synova Capital backs high net worth specialist
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NewsFCA’s Green: Consumer confidence in the insurance industry is ‘shocking’
Disconnection between industry and customer expectations
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NewsMoorhouse motor MGA targets £45m GWP with new hires
Xbroker’s new underwriters can triple business from existing broker relationships - Lyndon Wood
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NewsAviva commercial lines MD Ian Foy departs
Foy will be replaced by chief risk officer Angus Eaton
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NewsBluefin buys care and training specialist Marchant McKechnie
East Yorkshire broker is Bluefin’s fifth acquisition this year
