Broker News – Page 315
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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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Aon’s big gamble
By opting to plough $5bn into a share buyback scheme, Aon may keep its directors and shareholders happy. But what about the wider picture?
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NewsGovt pledges further whiplash action in TSC response
Response also covers review of uninsured driving fine and affirms referral fee ban date
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NewsAon's board authorises $5bn share repurchase
Global insurance broker increases annual dividend 5%
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Gallagher joins the Groupama party
The sale of Groupama’s UK broking arm grows more crowded by the day, while Aviva looks to trim yet more fat
