Broker News – Page 319
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NewsLiberty backs four British athletes
Insurer Liberty Mutual to sponsor four British athletics stars
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News
There’s a cold wind blowing for brokers
With the market set to soften, and the FSA limbering up for a crackdown on add-ons, personal lines motor brokers look set to be squeezed from both sides
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Mike Biggs's charm offensive
Will its new chairman’s charisma be enough to convince investors of a Direct Line flotation?
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NewsBrightside predicts softening motor rates as profit rises 44%
Broker continues talks with Aviva to cut household rates
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NewsAtaraxia coup as Argyll boss joins from Jelf
Kevin Young to oversee south of England for Ataraxia
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FSA turns screws tighter on add-ons
The regulator has warned a second time over the sales of ancillary products. Will general insurance brokers escape its sanctions?
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NewsAllanfield taps Gallagher Heath and HW Wood for new MDs
Real-estate insurance broker also hires Gallagher’s James Manning
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Online onlyAcquisitions on hold at Oval as new boss Blanc goes for organic growth
Meanwhile, rival Giles’s group MD Sarah Lyons exits amid contract ‘issues’
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Winds of change for consolidators
Management musical chairs at both Oval and Giles prompt big questions over their future plans
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NewsGiles MD Sarah Lyons on leave amid ‘contractual issues’
Future with firm unclear after four-and-a-half-year term
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NewsHerdman leaves Oval as Blanc replaces Hodson
New group chief exec takes charge as Oval’s board is overhauled
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NewsAviva eyes SME and mid-market opportunities
Ian Ferguson named chief underwriting officer in broker business
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NewsBesso buys 15% of own stock from BP Marsh for £1.1m
Broker looking for acquisitions now management owns 70% of business
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FSA's new turmoil at the top
In a blow to continuity, Hector Sants is the latest to exit the FSA before the new regulators take over. Let’s hope the new regime picks its leaders wisely
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NewsMarsh and Willis bosses pocket total of $25.4m in 2011
Willis’s Plumeri makes $11.5m for year and Marsh’s Duperreault bags $13.9m
