Broker
Lycetts appoints Ian Barclay as CEO
Lycetts has announced the appointment of Ian Barclay as its new CEO, succeeding Charles Foster.
Tysers owner AUB takes 80% stake in Movo Group
AUB has agreed to acquire an 80% equity stake in Movo, including its AR network Movo Partnership, its equity broking group, Movo Insurance Brokers, and insurance technology platform, Durell Software.
Gallagher’s King on securing talent pools
View from the Top: Wendy King, managing director of talent acquisition at Gallagher, outlines what insurers and brokers need to do to secure their talent pools.
FCA bans broker for misusing policyholders’ premiums
The Financial Conduct Authority has banned the former director of an Exeter-based insurance brokerage from working in the financial services industry.
60 Seconds With... SSP Broker’s Christian Wright
Christian Wright, head of market development for SSP Broker, bowls Post over with his surprising fact, would like to watch the Olympics live and shares his love of the 1990s.
Rumoured CGT hike leaving brokers scrambling for a sale
In preparation for the potential hikes in capital gains tax, brokers are already speaking with consolidators and larger brokers in an attempt to accelerate a sale and avoid the higher tax rates, Insurance Post can reveal.
BCIS green-lights time-saving rebuild cost platform
The Building Cost Information Service has green-lit a platform that uses automation to put together rebuild cost reports in seconds, Insurance Post can reveal.
Q&A: Chris Rolland, AllClear & InsureandGo
Following the sale of InsurEvo, the parent company of AllClear and InsureandGo, CEO Chris Rolland talks about what that means for the broker moving forward, the travel insurance market following the pandemic, and how he hopes to implement more artificial…
Markerstudy Group to acquire Hughes Insurance
Markerstudy Group has announced plans to acquire Hughes Insurance, subject to regulatory approvals and customary conditions, its first deal since gaining FCA approval on its merger with Atlanta.
Brokers and freeholders to face lawsuit over insurance commission
The class action, launched by a City lawyer and leaseholder, Liam Spender, is backed by law firm Velitor, which has secured funding for the no win, no fee claims from Balance Legal Capital LLP.
Martyn’s Law included in King’s Speech
Legislation to boost public venues’ resilience to terrorist attacks, known as Martyn’s Law, has been confirmed as part of the government’s agenda for the current parliamentary session in the King’s Speech.
MGAA’s Keating says insurers must hold their nerve on rates
Trade Voice: History tells us that a sensible, hard market is often followed by a more unruly soft market. Mike Keating, CEO of the Managing General Agents’ Association, urges insurers to not sacrifice technical underwriting on the altar of new business.
MGAs must ‘hold capacity providers to account’ over service
A panel at the Managing General Agents’ Association conference earlier this week has urged MGAs to hold their capacity providers to account, as members emphasised the importance of “diversified capacity”.
Markerstudy to switch broker products back on
Insurance Post can reveal that Markerstudy Group is to turn its broker products back on after withdrawing “lots of agencies” back in September.
Brown & Brown sets $8bn revenue target
Speaking at the Managing General Agents’ Association conference in London, Brown & Brown president and CEO Powell Brown told the audience the broker’s ambitious revenue targets.
Nine out of 10 brokers currently recruiting
Aviva’s Broker Barometer shows that 94% of brokers are actively recruiting, a significant increase on last year when 71% of brokers had a vacancy open.
Diary of an Insurer: Markel’s Jo Sykes
Jo Sykes, divisional director, broker & ATE UK, for Markel, provides a taxi service for her daughters as they cope with mock GCSEs plus A Levels, has plenty of meetings, plus she manages to squeeze in a five mile run.
British Insurance Awards 2024 winners revealed
Aviva was among the big winners with four outright prizes at last night’s (3 July) British Insurance Awards, on an evening where former British Insurance Brokers’ Association CEO Steve White was recognised with The Achievement Award.
Industry figures hail ‘inspiration’ and ‘genius’ BIA Achievement Award winner Steve White
A host of insurance figures have acclaimed the Achievement Award winner at the British Insurance Awards, former British Insurance Brokers’ Association CEO Steve White.
Jensten’s Hardie on the need for Nike-like entrepreneurs
View from the Top: Alistair Hardie, CEO of Jensten Group, looks at the challenges facing entrepreneurs in the insurance sector.
Academy names CEO as Normand steps back
Academy Insurance Services has appointed Martin Tyler as CEO, replacing Gilles Normand, who has stepped down to move into a non-executive career.
Broker earnings boosted by 11.3% in 2023
The value of the worldwide market for insurance broking in terms of fees and commissions earned was around $168bn (£132bn) in 2023, up from about $151bn in 2022 on a constant currency basis, according to research by Insuramore.
Rise of the AI-broker
Artificial Intelligence has many real-world applications and is already helping the insurance broking community in the US spend more time connecting with, listening to, and advising customers, says Chris Kitchener, vice president of product management…
Acrisure UK MGA targets trebling of GWP
Acrisure’s UK managing general agent operation has set its sights on more than trebling its gross written premiums within three years, following a relaunch of the business last year.