Broker News – Page 306
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NewsEntertainment Risk Management buys Endeavour stake
Specialist London market MGA targeting growth
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NewsInsurance companies pay bills later - Experian
Insurer’s bills being paid two days later than same time last year
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Beazley broker cutback: no gain without pain
Smaller brokers should view insurers trimming back their panels as an opportunity, not an attack
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NewsTowergate snaps up two brokers
Sheraton and JBI are Towergate’s 12th and 13th deals of the year
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NewsCarroll London Markets sells stake to Aussie broker
PSC takes controlling interest as it seeks to grow Lloyd’s business
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NewsBarbon overhauls procedures after HomeLet blunder
Changes follow FSA inquiry into broker’s selling of home insurance products
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Barbon counts the cost of HomeLet mistake
The expense of compensating policyholders after breaching FSA guidelines has pushed Barbon from a £7.8m profit to a £500k loss
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NewsBrokers take emergency action over Groupama
S&P ‘junk’ rating leads brokers to stop placing new business with insurer
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Private equity to fund Cooper Gay expansion
With an IPO out of the question, CGSC boss Tony Esser looks to have secured backing elsewhere
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NewsLightyear Capital is frontrunner to buy Cooper Gay stake
Broker seeking private equity investment to expand
