Broker News – Page 529
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Brokers may need authorisation, warns DAS
Brokers who refer personal injury claims to local solicitors must now be authorised by the Ministry of Justice (formerly the Department of Constitutional Affairs), according to DAS. From 23 April it became an offence to offer claims management services without prior authorisation, exemption or waiver. Those found operating without ...
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Features
Top insurance brokers: Wales
Insurance Times, brought together the Welsh broking elite to reward the region's best brokers
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News
UKGI members to double to 500 in 12 months
Broker support network UKGI is aiming to double its membership to 500 within the next 12 months.The move comes amid heightened interest in network membership from brokers.Mike Williams, UKGI's former operations director, will replace Shaun Godfrey as managing director of UKGI. Williams told Insurance Times that UKGI aimed to capture ...
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News
FSA warns Scottish brokers over trusts
FSA urges brokers to take legal advise over legality of non-statutory trust accounts
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News
Aviation broker targets expansion
Lloyd's broker Norman Butcher & Jones (NBJ) is seeking to hire teams to expand its business beyond its core aviation practice. The Lloyd's broker said it was now looking to target all lines of business including wholesale and reinsurance. The news came as the NBJ Group reported profits for 2006 ...
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Cooper Gay says Sonae financing will fuel acquisitions
Cooper Gay is expected to expand its presence in the UK market, with further acquisitions likely, following investment from Sonae SGPS. SC Insurance and Risk Services SGPS, SA, a subsidiary of Portuguese investor Sonae SGPS, has agreed to acquire 14% of Cooper Gay, with an option to increase its ...
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New UK and Ireland manager joins Chubb from AIG
Chubb names Woolard as regional manager of Chubb Specialty
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Willis named 'Global Superstar'
Willis has been named in the Forbes Magazine list of Global Superstars. Starting with the Forbes Global 2,000 – the largest companies in the world based on a composite ranking of sales, profits, assets and market value – the magazine compared each company to its industry peers along several ...
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LawShield UK launch identity fraud protection
LawShield UK have launched a niche identity fraud protection policy...
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Over 1,500 properties damaged by Kent earthquake
Biba warns SMEs to implement business plans after freak earthquake hits Kent
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Comments/Letters
Cheque book frenzy
John Jackson says the buying and selling of brokers has reached fever pitch, but it's good for business
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Archive
Higos announces West Country expansion
Higos insurance services, of Wells, have bought Mike Deverell insurance services, also based in Somerset. Managing director Mike Deverell commented: “I am pleased we have secured the continuity of service and products by joining Higos. Their high standard of customer care was a primary reason for my decision to join ...
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News
Swinton extends acquisition drive as profits grow
Personal lines giant Swinton is looking to follow its purchase of commercial broker Vectis Insurance as early as this month, according to its chief executive Patrick Smith.Swinton acquired Isle of Wight-based Vectis last week. "There are a couple we have our eye on and we may be purchasing in the ...
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News
Protectagroup to float after expansion plan
Welsh broker Protectagroup is set to float on the London Stock Exchange after completing an aggressive acquisition drive which will more than quadruple its size.The personal lines broker intends to proceed with an initial public offering (IPO) by 2011 through a main market flotation, which may include the yet to ...
