Broker News – Page 530
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Countrywide Launches Partner Broker Commercial
The Countrywide network extends its Partner Broker initiative to cover commercial business
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Brokers seek insurer cash as credit crunch hits
Turmoil in credit markets could stall broker consolidation drive say industry figures
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NewsSanctions loom as market misses reform targets
Failure to reach 60% uptake of A&S repository raises questions of data quality
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AXA splits broker division in major restructure
Four units created to concentrate personal lines expertise and boost motor business
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Ellis slams buyers who overpay for brokers
Broker Network chief executive Grant Ellis has hit out at the unrealistically high prices being paid for brokers by consolidators. Ellis said some acquirers were paying over the odds for brokers and demonstrated a lack of rigour when it came to calculating the potential returns. His comments were made as ...
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NewsAviation rates falling
?The aviation insurance market is continuing to soften despite a sharp increase in premiums last month, Aon said. It warned that if rates continued to fall then capacity could withdraw from the market. The average lead hull and liability premium increased by 9% in August – the first increase for ...
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Engineering rate rise
?Allianz Engineering is calling for broker support as it increases rates. Following sustained reductions over the past few years due in large part to heavy competition, Allianz, which has a third of the engineering market share, said it was looking to raise rates by a minimum of 5%.Neil Clutterbuck, director ...
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NewsAA/Saga merger threatens 2,000 jobs
?The £6bn merger of over-50s insurer Saga and the AA will lead to more than 2,000 job losses, the GMB union has warned. The warnings came amid fierce speculation about how the merger, which completed this week, would affect insurers’ trading relationships with the two companies. GMB national officer Paul ...
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Online onlyMobiles put drivers at risk
Using a mobile while driving is as dangerous as drink driving
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Evolution expands business development team
Former MSL employee to oversee Wales and Southwest markets
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Online onlyInsurers need to improve on climate change
Andrew Holt finds that some insurers have been slow to act on developing climate change strategies
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THB strengthens Motor Fleet team
Specialist broker THB has strengthened its London Market capabilities with the appointment of Perry Lyons to the role of Motor Fleet Broker. Perry joins THB from Lloyd’s broker Houlder Insurance Services and will have responsibility for maintaining and developing the motor fleet account.THB Director Darren Nightingale, who heads the ...
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Equity makes Northern Ireland buy
Martin Sheehy buys takes Equity to 20 branches in Northern Ireland
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Online onlyThe saga continues
The impact on the insurance industry of the Saga/AA deal is still unclear
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Broker Network see year end profits double
Network plans to expand signficantly over the next eight years.
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JLT power expert to join Aon
Recruitment boosts Aon's push to develop UK and Americas market
