Broker News – Page 82
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Tribunal hits Reich Insurance with forced commission disclosure order
The order follows FCA warnings on the need for ‘fairness and transparency’ around broker fees and commissions
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JMG Group buys East Midlands broker to continue expansion
The broker group plans to double in size over the next year
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Co-op Insurance and aggregator partner on pet cover
High premiums for pet insurance are putting pet lovers off adopting a furry friend, but Co-op Insurance’s discounted new policy could help
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Marsh pulls all Russian business
The move comes alongside a condemnation of the ‘unprovoked attack’
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Broker brands London market ‘buoyant’
Survey results demonstrate a particular interest in sustainable energy risks in the London market
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Backchat March 2022
Canine colleagues, esports, crash for cash fraudsters and a new role for an insurance veteran. What has the insurance industry been up to lately? You heard it here first…
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Independent US broker buys ‘winner’ GRP
New ownership set to ‘supercharge’ and add longevity to GRP’s strategic ambitions
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GRP’s County Group buys Cardiff-based independent broker
The Welsh broker will continue to trade under its own name
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SRG buys Hertfordshire-based commercial and motor trade broker
This first acquisition of 2022 further underlines SRG’s commitment to ’become the natural home for specialists’
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Blue Rock Insurance Brokers expands footprint with new Bellshill office
Building the broker from the ‘ground up’ has been key as M&A can cause ‘problems’ for both staff and customers, says founding director
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Insurance demonstrates it is ‘the shock absorber for the world’ in combating new risks
Event panellists also identify cyber risks as ‘the next systemic event that might hit’ commercial customers
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FCA’s GI pricing reform used ‘a sledgehammer to crack a nut’ – Fairer Finance
Plus, ‘very consumer oriented’ regulation is being stretched into ‘the realms of international and corporate business’, which may not add customer value, says Aon UK boss
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Insurance Times unveils brand new Broker Hub tool
The platform enables brokers to easily find and compare information and content relating to insurers that have been rated by Insurance Times’ exclusive Five Star Rating Reports
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Aston Lark Ireland buys Dublin-based financial broker
Aston Lark Ireland has an ambition to become the leading independent insurance broker
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Clegg Gifford set to expand Channel Islands proposition with launch of new MGA
The broker, which is currently in talks with the Guernsey Financial Services Commission, hopes to launch its MGA operation in Q2 of 2022
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Broker and MGA Yutree hits £10m GWP in first decade of business
Backing two Biba schemes and boosting its presence in the media and entertainment sector were both key in helping the firm hit this milestone
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Partners& supercharges employee benefits proposition with two partnerships
The broker’s chief executive says ’employers need to ensure their employees are happy and healthy in their jobs’
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Devon-based broker no longer trading after compulsory liquidation
The broker breached the regulator’s Principle 11
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Curbing etrading referral delays requires brokers to understand insurers’ risk appetite
Live chat facilities and developing new capabilities in broker management systems will also help relieve referral build up