Broker News – Page 80
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The Clear Group buys ‘real prize’ London broker to ‘get greater critical mass’
Broker’s executive chairman speaks exclusively to Insurance Times, detailing the drivers behind its second largest acquisition to date
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Real estate business booming for regional brokers – Ecclesiastical
The biggest challenge for brokers in the specialist market is greater scrutiny from insurers
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Brokers are ‘safe haven’ for M&A capital
Amid record amounts of M&A, independent brokers can showcase their status to build customers, while consolidation potentially makes room for broking startups – if they can pass regulatory muster
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Top insurance ethnic minority future leaders and role models revealed
Ethnic minority leaders and role models from Clear Insurance, Allianz, Aviva and Aon have featured on the 2022 Empower ethnic minority lists
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The Ardonagh Group posts 29% adjusted ebitda growth for Q1 2022
The broker also reported a 44% increase in total income for 2022’s first quarter
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Brokers set for starring role in future of personal lines
An expert panel at Biba’s 2022 conference discussed the future of personal lines insurance and how brokers can play an important part
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PIB buys Spanish specialist broker
The purchase represents a continuation of the firm’s strategy to turn towards European M&A
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Insurance DataLab names best broker in UKGI
It marks the second consecutive year the broker has finished on top in the market intelligence firm’s rankings
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GRP’s County Group buys broker in third deal of 2022
County Group is ‘actively looking for more opportunities’ and is keen to speak to vendors
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Adam Winslow: Managing inflation means separating commercial lines from personal lines
Despite the challenges of inflation, there is an opportunity for both insurers and brokers to do ‘really well’ through better understanding insurer risk appetite, says UKGI boss
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Rising inflation is of ‘serious political concern’ to insurance sector – Elisha Walia
The insurance sector should not assume that the economic environment is ‘transitory’
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Broadway’s chief executive named Biba regional committee chairman
Lloyd-John says his election is an “honour”
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Backchat May 2022
An AI-inspired podcast, a fraudulent butcher, payouts following the sinking of the most luxurious ocean cruise liner ever built and lunching with a sporting star. What has the insurance industry been up to lately? You heard it here first…
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Specialist insurer launches bespoke scheme for sports sector via new partnership
The partnership will provide flexibility to cover sector-specific risks, says director
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GS Group makes fresh acquisition to bolster Tayside presence
The Brokerbility broker will strengthen its position in Scotland with the purchase
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Australian insurance firm buys Tysers for £500m
Broker chief executive describes new owner as ‘perfect partner’ to ‘support our growth ambitions’
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Seventeen Group purchases Devon-based broker
The move will complement the group’s presence in the Southwest
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Aston Lark buys Manchester-based broking group in 50th acquisition
The pair share the same fundamental values, says group chief executive
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Markerstudy Group completes BGL Insurance buy
Markerstudy’s chief exec says the deal will provide ’digital distribution capabilities’ and ‘insurtech prowess’ for the pair
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Gallagher reports 14% UK organic growth for Q1 2022
The broker estimates sanctions and its compliance with them will adversely impact its full year 2022 brokerage segment annual revenues by up to $10m