Broker News – Page 539
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New Marsh CEO takes up the reins
South starts as chief executive of Marsh's UK operations...
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Bird flu warning from Marsh
Marsh gives a comprehensive analysis of avian flu implications for insurance, risk management and business continuity.
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Colemont establishes presence in Brazil
Colemont has acquired a majority shareholding in Brazil-based insurance broker...
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Broker2Broker wins run-off contract
Broker2Broker has secured the contract to manage the run-off of Parker Barnard Havers' (PBH) retail package scheme.The fledgling online wholesale broker was established in November 2006 by SME Insurance Services.Jason Gandy managing director of B2Bi said: “This is a great opportunity to work with both past and present PBH brokers ...
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Jelf profits soar to £3.3m as £10m acquisition announced
Jelf Group has more than doubled its profits for the year ending 30 September 2006 to £3.3m from £1.3m.It comes as the Bristol-based broker announced the acquisition of healthcare consultancy SPS Wellbeing in a deal worth £10m. It is the sixth business to be acquired by Jelf in the past ...
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Alec Finch profits plunge 75% as soft market bites
The softening commercial market hit Manchester broker, Alec Finch Group, which saw profits tumble by 75% in 2006. Pre-tax profits for the year were £126,724 compared to £478,200 a year earlier. The news comes just weeks after the broker was acquired by French intermediary, Verlingue.The group blamed the slump ...
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Broker Academy to offer range of training
AXA and Biba team up with the Faculty of Insurance Brokers in landmark initiative