Broker News – Page 88
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NewsWillis Re takeover ‘on track’ – Gallagher
The transaction, which is due to close in Q4, will see Gallagher buy Willis Re for $3.25bn
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NewsChanging risk landscape leads to record-breaking loss of business income – Aon
The insurance broker’s latest survey reveals the top 10 global risks, according to risk managers
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NewsAston Lark buys Birmingham-based corporate broker
The group’s latest deal further enhances its mid-corporate capability in the west midlands region, says top boss
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NewsNFP seals acquisition deal with non-standard broker
The wholesale brokerage operation is “highly respected” by its network of brokers, says managing director
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NewsGlobal commercial insurance prices up 15% in Q3 2021 - Marsh
Despite pricing levelling out in certain lines of business, the insurance industry needs to be ready as the ‘pressure on rates in cyber insurance’ continues, says broker president
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NewsLegal indemnity broker sees new managing director take reigns
The broker is celebrating its 10-year anniversary
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NewsInsurance firm launches legal expenses product for foster carers
Between 2019 and 2020, there were almost 2,500 complaints made against foster carers, of which 63% were made by fostered children against their own carers, says business development lead
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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NewsGRP buys minority stake in specialist broker
The Hedron network member is the first to benefit from GRP’s minority investment strategy
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NewsLockton launches crisis management division
The new unit will be led by head of crisis management Matt Humphries
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NewsGuy Carpenter establishes insurtech centre of excellence
The broker will also expand its relationship with financial technology analyst firm Celent
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NewsAston Lark completes 40th acquisition before Howden takeover
Aston Lark top boss says the newly purchased firm shares his broker’s ‘client-first ethos’
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NewsBrunel Professions scoops Miller Insurance Services partner for divisional director
The new hire will be responsible for the broker’s London market broking strategy
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NewsBrokerFest 2021: Broker networks ‘oversell’ their value - Trident Insurance
Brokers can remain independent from merging with big conglomerates if they remember what they are good at, says broker director
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
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NewsBrokerFest 2021: Hybrid working heightens reputational risk for SMEs
Reputational risk is high on businesses’ agendas as many firms have now switched to hybrid or home working models
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NewsIrevolution Group buys motor broker in fifth M&A deal
The deal is an example of the insurance firm’s ‘continuous growth’, says chief executive
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NewsSeventeen Group reports 8.3% revenue growth amid Covid-19 pandemic
The broker’s strategic objectives remains to grow ‘both organically and through acquisition’
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News AnalysisBrokerFest 2021: Challenges in etrading offer opportunities for data enrichment
An expert panel at Insurance Times’ BrokerFest 2021 conference earlier this week debated the challenges in the etrading landscape and how technology could provide a solution
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NewsEx-Marsh and Aon boss joins Broadway Insurance Brokers as director of corporate services
Broadway’s chief executive says there will be further appointments in the coming months
