Broker News – Page 245
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Swinton buys Welsh broker's books of business
E W South Insurance and Estate Agents’s directors will retire
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Broker banned for trading without FCA permission
The permissions held by Abdul Razzaq, who also traded as RSA Mortgage Services, will be cancelled
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Evercore advising on A-Plan sale
But chief executive Carl Shuker says private equity backers Equistone are ‘in no rush’ to sell
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A-Plan profit rises 11% as turnover grows 10%
Broker’s EBITDA rises almost 12% despite tough conditions
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Towergate branch manager quits for broker Clements
Kevin Sargeant joined Clements Worldwide this month as the new UK and Europe broking director
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Southern Rock takes affinity contract from Brightside
White label motor insurance for major high street brand
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Willis confirms 200 UK job cuts as retail overhaul continues
‘More work required’ on UK retail business, says group chief Dominic Casserley
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Brokers want guidance on buildings insurance commissions amid CMA probe
IBSC drafts guidance but CII president says there’s already enough on treating customers fairly
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NewsTowergate paid more than 10 times profit for Arista
Broker bought £81m GWP underwriting agent in April
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Aon plans UK expansion following regional shake-up
Overhaul prompted by departure of central UK area director Craig Preston
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Towergate small business centre to open on Monday
Manchester site to deal with £150m gross written premium
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1st Central hires Kevin Howard as chief operating officer
Former Allianz organisational management head joins motor broker in newly-created role
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Business owner guilty of £2m attempted fraud on Allianz after fire claim
Justin Hindry claimed he was eight miles from fire despite evidence and eye witness accounts proving the opposite
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Hale Kavanagh settles Gallagher claim
Out-of-court settlement reached after six staff joined from Leeds branch
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Biba closer to code of conduct as members call for standards to improve
Biba consultation on raising standards closes next week
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Fitch turns negative on Towergate after falling profits
Rating agency affirms broker’s B rating but warns on risks of transformation plan
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Broker fined £8.4m for mis-selling accident insurance products
Stonebridge targeted low income customers without degrees or qualifications
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Bluefin hires underwriting product manager from Arista
Sian Rolfe joins as broker prepares to launch MGA
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Hodges: Towergate focusing on larger acquisitions during restructure
Company has spent £36m on acquisitions in the past 12 months
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Towergate H1 operating profit drops 12% as job cuts reach 600
Headcount reduction expected to bring £20m of annual savings by 2015
