Broker News – Page 295
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NewsOpen GI and Groupama launch new pricing product for brokers
New real-time service also helps highlight fraud
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NewsJLT reports ‘encouraging organic growth’ in Q1
Broking group hails positive start, but warns of tough conditions
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NewsUK a blight on Willis’s improved first quarter
Broker withdraws profit targets amid market uncertainty
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Towergate yet to realise its potential
Towergate failed to increase its golden measure of EBITDA in 2011, but chief Mark Hodges is gunning for growth in 2012
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NewsHodges: Towergate has £400m GWP acquisition pipeline
IPO ‘one option’ for the consolidator if it can grow
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NewsOne-off charges push Towergate to £76m after-tax loss
Chief Hodges points to fourth-quarter growth amid flat full-year earnings
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Online onlyIs the private equity model broken?
Private equity firms’ appetite for buying insurance companies appears to be undiminished. Yet there are signs that, in the present difficult economic climate, such business arrangements can come unstuck
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NewsAutonet chairman: “I’ve rejected offers for the firm”
Autonet chairman Glynn Keeling moves to end speculation over future of company
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NewsCooper Gay seeks further private equity investment
Company looking for equity injection with IPO on hold
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A tale of two consolidators
Lots of activity at Giles and Towergate this week, as two very different businesses appear to be emerging
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NewsTowergate buys three regional brokers
Consolidator snaps up brokers in Wellington, Chesterfield and West Yorkshire
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NewsKeychoice launches new valuation app
Keyasset enables policyholders to create secure online register
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Pryce’s appointment puts QBE’s strategy in spotlight
The appointment of an outsider as deputy chief executive has raised eyebrows
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NewsBiba calls for government clarity on whiplash
Trade body call follows government response to TSC report
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