Broker
Reinsurers forced to adapt models as rate pressure continues at January renewal
Tough times continued for reinsurers at the 1 January renewals as rate reductions, low investment returns and the continued influx of alternative capital offered little respite for struggling firms, according to the latest report from Willis Re.
MIB's West and Hughes Insurance founder awarded OBEs
Motor Insurers' Bureau CEO Ashton West has been made an Officer of the Order of the British Empire in the Queen's New Year's Honours List.
US private equity firm among parties gearing up for Towergate bid
New York-based private equity firm Apollo is planning a bid for Towergate after purchasing some of the beleaguered brokers senior loans.
Penny Black: The Ghost of Christmases Past 2006 - 2013
Lady-about-town Penny Black has been publishing her insurance industry gossip and insider news and views in three centuries - so she's seen a fair few insurance Christmases, some bawdier than others, and all of them fuelled by the finest G&Ts the…
Penny Black: The Ghost of Christmases Past
Lady-about-town Penny Black has been publishing her insurance industry gossip and insider news and views in three centuries - so she's seen a fair few insurance Christmases, some bawdier than others, and all of them fuelled by the finest G&Ts the…
Post's Christmas Q&A
As the festive season is drawing to a close, Post caught up with some of the insurance industry's key players to talk miserable Christmas songs, Die Hard and Mr Blobby...
Merry Christmas from Post
Incisive Media's offices are now closed until 2 January 2015 for the festive period.
Henderson Insurance Brokers records 8.7% turnover hike
Henderson Insurance Brokers posted an 8.7% increase in turnover to £24.5m for the financial year ended April 2014.
A&A reports £4.5m loss for 2013
Personal lines broker A&A Group has posted a pre-tax loss of £4.5m in 2013, compared with a profit of £1.17m for the previous year.
Post's Christmas Q&A
As the festive season gets well and truly underway, Post caught up with some of the insurance industry's key players to talk New Year's resolutions, champagne and history books...
Global interest in cyber boosts CFC Underwriting profit by 30%
Cyber specialist managing general agent CFC Underwriting has grown its operating profit 31% and profit before tax 30% according to its latest financial statement for the year ended 30 September 2014 filed with Companies House.
Delays with insurer deals hits Towergate's figures as acquisition discussions continue
Towergate has revealed its income fell by 4% in final two months of the year compared with the equivalent period in 2013, with income from acquisitions partly offsetting the decline in organic income.
Stackhouse Poland MBO important ‘to maintain growth momentum’
The private equity backed management-buyout of independent broker Stackhouse Poland will allow the business to maintain its growth momentum but will not be “transformational” according to executive chairman Jeremy Cary.
Post's Christmas Q&A
As the festive season gets well and truly underway, Post caught up with some of the insurance industry's key players to talk Santa slippers, mince pies and terrible Christmas presents...
Axa renews £20m deal with Cherish Insurance Brokers
Axa Commercial Lines and Personal Intermediary has renewed a long-standing relationship with Essex-based Cherish Insurance Brokers.
Tesco fraudster sentenced to three years after Operation Catcher sting
A fraudster who staged accidents with Tesco delivery vans has been sentenced to three years in prison.
Stackhouse Poland completes MBO, as Hester exits
Stackhouse Poland Holdings has completed a management buy-out by current equity holders, Jeremy Cary and James Agnew, together with recently appointed CEO Tim Johnson.
Integro acquires entertainment broker Ventura
Integro has acquired New York-based Ventura Insurance Brokerage a day after it announced its acquisition of Howard Global Insurance Services.
Government to make FCA and PRA more accountable
Following a review the government has published a number of recommendations to ensure the way the financial regulators make enforcement decisions continues to be fair, transparent and efficient.
Pen teams up with Ageas on online household capacity deal
Ageas has reached an agreement with Arthur J Gallagher managing general agent brand Pen Underwriting to provide long-term capacity for household insurance through a number of online-traded solutions.
Broker Network extends Allianz partnership deal by three years
Allianz has renewed its strategic partnership with Broker Network for an additional three years.
Bluefin snaps up Yorkshire broker Marchant McKechnie
Bluefin has bought of East Yorkshire broker Marchant McKechnie, taking its total number of acquisitions for the year to five.
Integro snaps up London market bloodstock broker Howard Global
International insurance broker and risk management firm Integro has acquired Howard Global Insurance Services, a Lloyd’s-registered specialty broker.
A-Plan tipped to build branch network in the north following HG backing
The new financial backing secured by A-Plan reflects a vote of confidence in the branch business model, according to market insiders, who have tipped the high-street broker to build a presence outside its southern stronghold.