Broker News – Page 77
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NewsDemand for trade credit cover will increase even as appetite reduces – Aon
Supply chain issues, inflationary pressures and geopolitical uncertainty contributed to the market’s challenges in Q2 2022
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NewsBroadway Insurance Brokers triples GWP to £4.5m in 12 months
Chief executive says the broker is hoping to make several new senior appointments soon
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NewsAston Lark snaps up Essex-based broker with ‘identical customer service ethos’
The acquired business has been broking insurance since 1979
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NewsSeventeen Group buys Glasgow-based property sector specialist broker
The intermediary organisation plans to ‘build our business in Scotland’, according to chief executive
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NewsPIB Group inks acquisition deal with Irish family-run broker
The transaction is PIB’s seventh retail investment in Ireland to date
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NewsMarsh and Ascot Group deliver first placement of marine cargo and war insurance
The facility is now available to clients of Lloyd’s of London registered brokers
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NewsBGL Insurance appoints managing director of distribution
The firm’s customer director has been promoted into the newly created role
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NewsH&H Insurance Brokers opens Wrexham office to continue Wales expansion
The broker has plans for ’further growth and expansion in the future’, says associate director
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NewsSeventeen Group gains ‘home in Glasgow’ with new broker buy
The acquisition will provide ‘further opportunities for clients and staff who value continuity and quality advice’, says chief executive
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NewsMarsh launches new (re)insurance capacity for hydrogen energy projects
The broker states that adequate insurance provision for greener technologies is lacking
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NewsCurrent level of industry regulation is ‘suffocating small brokers’ – Stanhope Cooper
Broker boss believes regulation for brokers has ‘gone too far’ and is ‘anti-entrepreneurialism’
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NewsThe Ardonagh Group posts 170% increase in pro forma losses for H1 2022
The group also recorded a 21% increase in its adjusted ebitda for the reporting period, reaching a figure of £186m
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NewsJensten Group buys High Wycombe-based broker and its subsidiary
The purchase represents Jensten’s fourth acquisition in a month
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NewsMCE promotes internally for new head of insurance partnerships
The appointee is ‘ready to hit the ground running’ in improving insurer relationships and broker experience
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NewsJohnson and Johnson to end all UK Baby Powder sales as ovarian cancer claims escalate
Despite this, the pharmaceutical firm says its talcum Baby Powder ’does not contain asbestos and does not cause cancer’
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NewsGRP’s Birmingham-based hub appoints new managing director
Incoming managing director describes the business as a ‘high growth, acquisitive and dynamic broker with ambitious future plans’
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NewsGallagher buys specialist crisis and risk management consultancy
The two businesses are culturally ‘well aligned’, says chief operating officer
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NewsPIB Group records 78% increase in adjusted ebitda for 2021
The intermediary consolidation business also grew its revenue by 52% over the course of last year
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NewsThe Clear Group acquires Kent-based broker
The newest buy is ‘another great fit’ for the group, says chief executive
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NewsAston Lark Ireland bags Irish broker
Aston Lark Ireland hopes to become the area’s ‘leading independent insurance broker’, says chief executive
