Broker News – Page 224
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NewsTysers appoints new chief operating officer
Stuart Blakeborough joins from Lancashire Insurance Group
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NewsPeter Cullum-backed consolidator funds broker Ropner MBO
Marine broker will use investment to expand business through acquisitions of teams
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Online onlyC&C lands new operations director
Paula Williams chosen for her ‘invaluable experience’ and industry knowledge
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NewsTowergate junior bondholders ‘unlikely to make meaningful recovery’
Moody’s downgrades broker’s unsecured debt to C
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Online onlyBiba announces speakers for 2015 conference
Professor Brian Cox (pictured) and William Hague will give keynote addresses in Manchester
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NewsGallagher broking profit rises 29% but organic growth slips
Broker warns that 2014 organic growth levels may not be repeatable
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NewsGallagher hires aviation head from Tysers
Mark Walters chosen for his depth of knowledge and strong insurer relationships
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NewsCanadian 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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NewsLloyd'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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NewsAgeas Insurance Solutions’ Mike Stanley to leave in March
Departure of change and development director follows review of partnerships leadership team
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NewsEx-Oval finance director returns to Gallagher as interim International CFO
Ian Story to replace departing Mark Mugge
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NewsBroker Principal secures £250,000 funding from Yorkshire Bank
It is the first time the broker has sought external funding since it was set up in 2011
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NewsTowergate chairman defends takeover deal structure
Alastair Lyons to leave broking group this year after hiring new chief executive
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NewsTowergate faces £85m compensation bill for mis-selling financial products
Broker could recover £12m of the compensation payments from insurers
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NewsTowergate profit drops 24% in 2014
Revenue falls 4% as deals delayed by uncertainty surrounding troubled broker
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NewsSecured creditors win control of Towergate
Deal will cut debt by more than 60% and provide £75m of new funding
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NewsClaims provider ALPS pens three-year deal with broker Finch
ALPS will provide legal expenses and guaranteed vehicle hire and FNOL service
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NewsClark Thomson buys Willis's Scottish SME unit and joins network
Acquisition set to complete in April 2015
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NewsMarkerstudy hires business development manager from Aviva
Darren Prior will focus on developing new affinity opportunities in BDML Connect
