Broker News – Page 214
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Ryan Specialty Group hires new D&O MGA chief exec from Argo
The newly formed RSG Underwriting Managers (RSGUM) Europe will write cover for Fortune 1000 companies
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Gallagher-owned Deacon launches quote-and-buy site for small blocks of flats
£65,000 investment in site which returns quotes from three insurers
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CMA defends action on protected no claims bonus cover
Speaking at the Insurance Times Broking in the Motor Revolution conference, inquiry director Andrew Wright said sales practices for protected no claims bonus represented a ‘significant’ problem for consumers
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Ban on price parity agreements will reduce aggregator commission prices – CMA
Competition and Markets Authority inquiry director Andrew Wright told delegates at the Insurance Times Broking in the Motor Revolution conference that the ban on wide most favoured nation clauses will improve aggregator innovation and drive down acquisition prices
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Telematics 'failing to prove value in personal lines motor'
But motor brokers speaking at the Insurance Times Broking in the Motor Revolution conference added that the technology could help reduce loss ratios in the commercial market
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Brokers need to influence regulation to create a fair market - Mark Cliff
Ageas Retail chief exec warned delegates at the Insurance Times Broking In The Motor Revolution conference about the “unintended consequences” of an unfair regulatory landscape
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Turning data into customer insight will help motor brokers survive - Mark Cliff
But Ageas Retail chief executive told the Insurance Times Broking in the Motor Revolution conference that brokers needed to invest in the right technology and knowledge
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Brokers commemorate Lloyd's WW1 fallen soldiers
Brokers visited graves and memorials of more than 200 fallen soldiers who worked at Lloyd’s of London
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Clear acquires broker The Heartland Group
Latest acquisition manages more than £7m in premium
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David Howden: Buying RK Harrison will advance Hyperion by five years
Chief executive says brokers are complementary - and there is nothing to consolidate
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Former Swinton executives fined and banned from senior roles after add-ons mis-selling
Former chief executive Peter Halpin banned from running financial services firms
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Hyperion confirms RK Harrison merger talks
Deal would create brokerage with £400m annual revenue
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Flood defence spending 'insufficient' National Audit Office warns
The NAO said half of the flood defence systems were being maintained to a minimal level
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DAS replaces board members following Paul Asplin suspension
Ratings agency S&P has put DAS on CreditWatch because of uncertainty over investigation outcome
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RK Harrison reveals specialist segments it will target from new call centre
Specialist markets director Simon Trott names volume speciality team
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Strategic Insurance hires Christian Freer to develop motor distribution
Former Brightside placement chief is broker’s first commercial director
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Towergate names SME panel insurers
Seven insurers to underwrite policies from Manchester call centre
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JLT sees ‘good levels’ of organic growth in Q3 despite tough conditions
Broker to invest $10m in recruitment for its new US speciality business