Broker
Career file: Keith Jackson
Keith Jackson has been appointed as the director of general insurance and protection at the Financial Conduct Authority
Flood Re reports pre-tax profit of £130 million
Flood Re has reported a pre-tax profit of £130 million in its end of year results after backing 127,326 policies in its first year of operation.
MGAA takes action over members hit by Brexit disruption
The Managing General Agents' Association must take a leading role in supporting members through the challenges of Brexit, its chairman said.
Wanna Cry fails to boost cyber insurance take up
The recent surge in ransomware virus attacks has seen little increase in enquiries for cyber insurance cover, survey findings suggest.
Latitude Brokers opens Korea office
Latitude Brokers has opened an office in Korea, the third for the marine insurance specialist in Asia.
Merged Aston Scott and Lark to target Chartered brokers for acquisition
The new broker created from the merger of Aston Scott and Lark will look to strengthen its offering through further acquisitions.
Analysis: The truth behind the broken system of dual pricing
The industry has faced sustained attacks in recent months for its ‘shameful’ practice of raising rates for loyal customers, with one newspaper calling for the government to ‘punish the insurance pirates’.
SSP launches broking platform
Broking software provider SSP has launched a replacement product for its Pure platform.
Aston Scott to merge with Lark Group
Aston Scott and Lark Group have reached an agreement to merge, subject to regulatory approval.
Former Paymentshield CEO Steve Wood joins NHBC as CEO
Former Paymentshield CEO Steve Wood has been appointed CEO of NHBC.
Lloyd's broker Servca expands Canadian footprint
Specialist Lloyd’s broker Servca has expanded footprint into Canada, providing regional Canadian brokers with direct access to Lloyd’s of London.
Acturis acquires German software company Lutronik
Acturis Group has acquired broker software company Lutronik based in Wesel, Germany.
C-Suite: Brightside's Mark Cliff on transformation
Older readers will remember Sir John Harvey-Jones, the pipe-smoking boss of iconic British company ICI. He hosted a TV programme in the 1990s called ‘Troubleshooter,” advising firms how to change and transform themselves.
Broker influx sees Acturis's revenue jump 20%
Acturis has said that winning broker clients from rival software houses accounted for a 20% spike in revenue over 2016.
Ed appoints James Blacker as P&C managing director
Global reinsurance, wholesale and specialty broker Ed has appointed James Blacker as managing director of property and casualty.
European broker merges with tech firm to create Digital Insurance Group
European digital insurance broker Knip has merged with technology solutions provider Komparu to create Digital Insurance Group.
Direct Group mulls ‘acquisition opportunities’ following takeover by Towergate backer
Newly-renamed Direct Group will “consider acquisition opportunities” following its own takeover by Towergate-backer KIRS Group.
Group risk: A group safety net
With state benefits set at low levels, the safety net of group risk cover has never been more valuable. But although sales are creeping up, providers and advisers believe there is much more that could be done to grow the market
Blog: Brokers need to cross-sell more
Brokers need to exploit cross-seeling opportunities to protect their business, writes Nick Mohan, joint managing director at Jackson Lee Underwriting, pointing to gap insurance and other niche covers.
Axa's Gareth Howell on putting customers before innovation
Innovation is currently the talk of our industry for good reason. We are facing potentially challenging times, with start-ups bringing new tech, new ideas and a new outlook to the sector. However, Gareth Howell, managing director of personal direct and…
This Week in Post: The Queen's Speech, whiplash and a year on from Brexit
As Her Majesty the Queen delivered her all-important speech to open parliament, insurers had a lot to think about.
Towergate group company to launch under new brand name
The insurance giant created from Towergate and other companies is set to relaunch under a new name and branding, following the completion of a £800m bond offering.
Marsh Networks’ David Hopwood on the seven issues a reduced discount rate creates for SME brokers
The Ministry of Justice’s decision to set a new discount rate for personal injury compensation awards at minus 0.75% seems likely to create turbulence in the market. Following widespread criticism, the government is currently reviewing feedback from its…
Discount rate cut 'will push up motor premiums by 7%'
The cut to the Ogden discount rate will push up motor premiums by 7% by January 2018, according to analysis by ERS.