Broker News – Page 228
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Online onlyExpanding Bristol broker struggles for office space
Venture Insurance frustrated by lack of Bristol office space
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NewsNearly half of SMEs do not have adequate storm cover
Over the last five years 51% of SMEs have experienced flood, wind or storm damage
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Online onlyHowden enters into exclusive partnership with DeVere Group
Broker will gain access to the financial advisory firm’s 80,000 global clients
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NewsGallagher construction manager joins MGA
Ricky Brown will work in the renewals team of Thames Underwriting
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NewsPrice Forbes takes 10-strong specie team from RK Harrison
Lloyd’s broker names Bruno Le Roy as head of specie
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NewsFormer Gallagher e-trading team launch CFC-backed MGA
Modus is targeting 1,000 brokers and £100m in annual GWP
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NewsCobra parent Alto to hit acquisition trail after making first profit
Company in due diligence with four brokers with possible deal at end of Q1
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NewsBiba launches free legal helpline
Advice line is designed to offer round the clock support for association’s members
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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
