Broker News – Page 429
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Online onlyTowergate renegotiates banking covenants
Broker also reports record first quarter 2009 results
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News AnalysisThe pain in your pay packet
While some insurers and brokers are still rewarding top performers, others have responded to the downturn by resorting to pay freezes and pension cuts. Katie Puckett reports on a new era of payout pragmatism
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NewsBrokers urged to offer guidance on environmental liability
Biba to host seminar and launch online product
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NewsNU follows Aon and asks staff to pay more towards retirement
Industry feeling pressure on pensions
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NewsDeal activity does the splits
How is the recession affecting insurance mergers and acquisitions? The picture is starkly divided: while larger transactions are at a 10-year low, smaller transactions are holding up and consolidation continues, reports Jim Keeling in his survey of the first quarter
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NewsMore jobs go at Towergate as offices shut in two cities
Fifty employees shed from Bournemouth branch that failed to flourish in competitive field
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NewsBrokers accuse banks of undue pressure on buyers
Biba to investigate members’ claims ahead of formal complaint
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Online onlyBollington in tie-up with VSIB
Broker enters exclusive partnership with Vehicle Systems Installation Board
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NewsHigh costs prompt Culver Holdings to leave Exchange
Shares plunge as company seeks shareholders’ approval to delist from London Stock Exchange
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NewsDownturn forces Aon to cut pension contributions
Broker says it is shunning ‘short-term fix’ to protect business in challenging economic conditions
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NewsNetworks under pressure as Zurich leaves Westinsure
Norwich Union and AXA are understood to be reviewing their relationships too
