Broker News – Page 68
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NewsBrokerFest 2023: Successful change in ESG requires joint ‘ambition and values’ from firms
Specific targets should be different, however, due to transformation capability
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NewsYorkshire acquisition builds The Clear Group’s regional aspirations
The acquisition comes as the broker seeks to further invest in its local footprint across the country
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NewsSchemes broker acquired as Jensten seeks specialty growth
’We’re focused on building our schemes capability,’ says managing director
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NewsBeam Insurance snaps up Redditch-based broker
The business hopes to form a hub for local insurance brokers through this and further acquisitions
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NewsBrokerFest 2023: System launch can unlock small and medium broker access – Phil Bayles
Chief commercial officer reveals that tool launch will help insurers ‘find the needle in the haystack’ of regional brokers to more effectively find business that matches their risk appetite
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NewsBrokerFest 2023: Cost of living crisis boosts premium finance popularity
Brokers must provide clients with ‘every available option’ to pay for premiums, says senior account manager
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NewsBrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA
’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
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NewsGhost broker threat will require rethink on efforts to combat fraud – Markerstudy
‘We fully expect we will see an increase in fraud in the coming year,’ says head of counter fraud
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NewsBrokers still bullish despite market challenges – Aviva
Although brokers remain optimistic about their business growth in 2023, 84% are concerned that their clients are underinsured, according to insurer research
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NewsAllianz plans to work ‘incredibly hard with broker partners to deal with’ underinsurance
’Underinsurance is a serious problem and every broker I speak to understands that’, says chief executive
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NewsBrokers boost small business lending to £45bn in 2022 – NACFB
The insurance cohort has ‘firmly stepped’ into the role of a ‘modern day bank manager’, says association chair
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NewsRansomware could be ‘potential wrecking ball’ for businesses amid Royal Mail $80m ransom
Reports suggest that Royal Mail has refused to pay the ransom
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NewsGRP purchases commercial broker to cover underserved locations
The business, which will join the firm’s retail division, has served insurance consumers since 1967
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NewsUS Virgin Islands-based insurance agency launches in London
The AR arrangement aims to create ‘a truly Caribbean-owned Lloyd’s entity’ that maintains ‘a Caribbean identity’
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NewsLondon market broker looks to future with new c-suite appointment
The internal candidate will be ‘invaluable in delivering our strategic growth plans’, says chief executive
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NewsBroker claims service battle still to be won – Gracechurch
Insurers need to invest in their claims operations if they want to keep pace with the demands of their clients, says managing director
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NewsHamilton Fraser acquires commercial broker in first purchase under GRP
The rental sector and cosmetic practitioner expert will grow the Borehamwood-based firm’s commercial portfolio, says chief executive
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NewsMovo accomplishes 70% GWP growth in 2022
The broker network has set eyes on increasing its books by an additional 30% this year
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NewsNew motor trade broker to launch
The Redditch-based firm wants to achieve between £1.2m and £1.5m gross written premium in its first year of operation
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NewsFirms must brace for cyber threats as working from home compounds risk – Aon
A global shortage of cyber security skills is projected to continue in the next three years, according to the broker
