Broker News – Page 84
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NewsPIB Group makes fifth acquisition in Ireland
Insurance intermediary firm grows ‘arsenal’ in Ireland with latest purchase of retail commercial broker
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NewsThe Clear Group buys Ashford-based broker in first deal of 2022
The transaction marks the broking group’s 32nd M&A deal since 2001
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NewsHowden Group boosts revenue by 48% in 2021 thanks to organic growth uptick
The broker attributed its 2021 revenue uptick to organic growth fuelled by talent in the business
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NewsMarsh’s vice-chairman set to retire this March
The broker’s vice-chairman ‘played a key role in successfully integrating’ Marsh and JLT, said group president and chief operating officer
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NewsCar insurance costs increase for first time since autumn 2020
Pricing trend data could help insurers navigate the motor market post-FCA pricing reform, said price comparison site chief executive
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NewsArdonagh Specialty expands cross-class follow capacity solution
The move aims to help the company reach more clients and develop its focus on data generation
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NewsH&H Group buys Hexham-based insurance agency
The merger will see H&H Insurance Brokers get a new director
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NewsCyber threats ‘growing faster than ability to prevent and manage them effectively’
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says broker’s European risk management leader
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NewsXS Direct no longer accepting new business
Ceasing renewals business will follow on 1 March 2022
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NewsSRG kickstarts 2022 by acquiring corporate broker’s special risks team
Building on eight years of partnership, the deal will aid future strategic opportunities, says deputy chief executive
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NewsXenia Broking Group buys second trade credit and surety portfolio
Newly hired account manager will play a ‘key role’ in expanding the group’s presence in London, says chief executive
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NewsOver half of UK SMEs don’t know whether their broker provides best quote to suit their needs
Broker’s research reveals that around two-thirds of SMEs want to renew and manage their commercial insurance policies via a self-service model
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NewsClimate crisis is ‘biggest long-term threat facing humanity’
Lobbying group’s report urges the insurance industry to ‘think outside the box’ and act on climate change risks
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NewsMovo Partnership scores hat-trick of broker acquisitions
The acquisitions showcase ’real options’ for brokers that don’t want to sell up to consolidators, says managing director
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NewsEndsleigh Insurance still ‘brings something to the party’ following Howden’s acquisition of A-Plan
Chief executive believes broker consolidation is ‘a huge customer benefit’ because it ‘gives one-stop-shops to customers’
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NewsD&O rates in the UK ‘are not out of the woods yet’ – Gallagher
Despite supply challenges surrounding D&O insurance, increased awareness of ESG factors could encourage more entrants to this market, reports broker
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NewsWhat are the challenges around insuring cryptocurrency?
Success in this emerging market will hinge on ’opening up a dialogue between brokers, insurers and crypto companies,’ says broker divisional director
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NewsEndsleigh Insurance set to partner with insurtech to launch parametric travel cover for students
Chief executive has further plans to offer parametric event cancellation policies to charities too
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NewsAston Lark buys independent Leicestershire-based broker
Aston Lark’s group chief executive says the broker is becoming ’a real powerhouse in private medical insurance’
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NewsNew CII president Peter Blanc urges industry ‘to address the unmet needs that exist today’
Blanc fears that cutting ‘out the middleman’ in order to get ‘the cheapest price’ is ‘not the right answer for the majority of the public’
