Broker News – Page 91
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BGL Group explores multimillion-pound sale of its insurance arm
The broker distributes policies for the likes of Marks and Spencer and the RAC
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Markerstudy hires ex-Brightside boss as its new trading director for SME
The candidate has more than 30 years of experience in the insurance industry, with tenures at Jelf, Marsh and Towergate Insurance
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Broadway Insurance Brokers surpasses first year forecast amid pandemic
Broadway’s chief executive says there will be more ‘senior, strategic’ appointments too
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Ethos Broking appoints commercial director from Marsh
Chief executive believes the new hire ‘is a perfect match for the business’ who will ‘make an impact quickly’
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PIB Group improves adjusted EBITDA by 41% for 2020
After completing a host of acquisitions last year, the broker has its sights set on further international growth and plans for ‘new territories to add to the group’
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ATEC Group secures partnership with price comparison website
The new non-standard home insurance offering aims to meet increasing customer demand in a ‘hugely underserved’ market
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Backchat September 2021
Celeb spotting, pets swallowing foreign objects and the insurtech sector joining forces for a cycling race - what has the insurance industry been up to of late? You heard it here first…
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New group of specialist insurance brokers launches
Chief executive says the group’s purpose is to ’support flourishing insurance broking businesses with a clear focus on data and technology’
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Film production delay terms ‘more specialised’ than standard BI cover
Aggregation is becoming ’one of the key disputed issues’ over claims for film production delay
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‘Some just will not survive’ – message as FCA pricing deadline looms
BGL Group broker chief delivers message amid looming FCA changes on pricing and value
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PIB Group buys wheels-based broker in 42nd acquisition to date
Essex broker believes PIB Group offers ‘opportunities for growth’ and ‘a strong cultural fit’
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New Dawn Risk ‘strongly positioned’ to grow after hiring industry veteran
The broker’s new board appointment has 35 years of experience in the insurance industry
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Howden hires former WTW director for senior corporate clients role
The broker’s group chief executive says the firm is in a ’powerful global position’ due to developing the breadth and depth of its specialisms
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Chief financial officer set to return to Willis Towers Watson
Chief executive believes the new hire’s ‘strategic financial perspective’ will ‘contribute to our future success’
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LV= committed to working with customers ahead of FCA’s fair value deadline
LV= Broker’s distribution and underwriting director says ’there’s likely to be quite a high level of disruption to market pricing and propositions’ following the implementation of the FCA’s pricing reform changes
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GRP-owned Higos snaps up Cornish broker
The deal will boost the business’ footprint in the South West and help achieve mutual long-term ambitions
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GRP appoints ex-Marsh UK head of placement and networks as retail CEO
The new hire is expected to ‘make a big and positive difference’ to GRP’s retail portfolio, says group chief executive
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Rugby legend opens Romero Insurance Brokers’ seventh UK office
Romero has also recruited 10 graduates for its new trainee programme
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Coverys European Holdings bolsters business footprint with Irish acquisition
The newly acquired firm has held Lloyd’s coverholder status since 2013
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BI insurance claims payouts nearing £1bn but ‘it should have been more’
According to the FCA, 15,400 policyholders with BI claims approved are still waiting for business interruption payouts