Broker News – Page 517
-
News
THB says PWS talks continue
Listed broker THB Group said this week that discussions to acquire PWS were ongoing, despite the deal failing to conclude by the end of 2007 as originally anticipated.In a stock exchange announcement, THB said it was in advanced discussions for the acquisition of the Lloyd’s broking business of PWS International ...
-
News
MMC chief axed as group performance slides
Michael Cherkasky, the chief executive of Marsh & McLennan Companies (MMC), the parent of global broker Marsh, has been axed in the wake of the group’s poor financial performance in 2007.The board of directors said that a change in leadership would “best enable MMC to move forward and enhance shareholder ...
-
Features
What changes will 2008 bring to the industry?
Insurance Times predicts what will happen in 2008, and casts its eye over the big events of 2007
-
-
Online only
Cassidy Davis to provide home emergency service cover
Partnership with Europ Assistance gives round the clock protection for mortgate lenders and intermediaries
-
Online onlyWillis: global warming changing risk management
Greatest financial responsibility lies with countries most responsible for the increase in greenhouse gas emissions
-
Online only
MMC boss Cherkasky to go following 'shareholder concerns'
Search underway for new chief executive
-
Online only
IIB to continue its "fight for justice"
Government's decision to not amend legislation deemed unfair to brokers is being called outrageous
-
Online onlyUpgraded rating will increase business, says R&SA
Insurer set to increase penetration in top-end property market
-
Online onlyWillis clinches top spot in China
China Insurance Regulatory Commission (CIRC) assigns Willis 5-Star rating in quality review
-
Online onlyThe fight isn’t over
Smaller brokers are continuing the battle against the FSA over commission disclosure
-
-
News
Brokerbility lobbies over mandatory disclosure
Independent broker group Brokerbility is lobbying the government and MPs as its begins a campaign against mandatory commission disclosure. The group, consisting of 22 independent brokers around the country, is urging more brokers to join its fight against hard disclosure and is building up a ‘fighting fund’ to support its ...
-
News
Senior team exodus continues at Erinaceous
Erinaceous Insurance Services (EIS) has lost another member of its senior team with the departure of business development director, Andy Poole.Poole will leave the troubled property services group on 31 December to take up a senior post at broker Miles Smith in its direct schemes and affinity business.Miles Smith chief ...
-
News
JLT underwriting move
Jardine Lloyd Thompson (JLT) has created an independent underwriting division as part of a major global initiative to grow the group’s business.Thistle Underwriting will be led by former Dual Underwriting chief executive, James Gerry.The result of a 12-month strategic review, Thistle will commence trading early next year.JLT chief executive Dominic ...
-
News
Contract uncertainty hits Leo shares
Shares in property insurance specialist Leo Insurance Services fell 6% as the company announced that one of its business units was likely to lose a major client.The listed property insurance specialist said its subsidiary, Grafton Insurance Services, was expecting to lose a long-term contract worth over a quarter of Grafton’s ...
-
News
CBG to buy niche sports firm for HNW links
Broker CBG is set to acquire sports specialist PenMc in a bid to expand its high net worth (HNW) business.The acquisitive broker said it had agreed the terms of a recommended share offer for PenMc which values the company at £186,000.CBG said the acquisition would provide business opportunities for its ...
-
Online only
Oval restructures London broking divisions
Acquisitive broker forms new retail broking team
