Broker
FSB launches broker venture following departure from Towergate deal
The Federation of Small Businesses is launching its own broker following the termination of its affinity deal with Towergate.
Marsh's Lei Yu on the right cover in the age of product recalls and class actions
While the US has led the consumer rights crusade against defective products, other countries are becoming increasingly protective, writes Lei Yu, managing director, Marsh Hong Kong and Macau.
Allianz to make up to 80 further redundancies in claims restructure
Allianz is placing a further 80 jobs at risk of redundancy amid a restructure of its claims operation.
LV prepares to overcome ‘challenges’ with re-entry to home market
LV has acknowledged it faces “challenges” in making profitable the home portfolio it acquired as a result of the Allianz personal lines merger.
Pre-tax profits jump 40% at Aston Scott Group
Aston Scott Group saw a 40% increase in pre-tax profit to £1.9m to the year ending 30 June 2017.
London market training goes international
The Lloyd's Market Association will begin offering a range of technical programmes and courses internationally.
Interview: ABC Investors - Bunker, Cassidy, Castle, Horton and O’Roarke
With their restrictive covenants expiring at the end of 2017, the former LV general insurance management are now free to re-enter the market. Jonathan Swift speaks to the quintet about their new consortium ABC Investors, digital innovation and what it…
Brokers unprepared for IDD, research suggests
Two thirds of brokers have little or no knowledge of the Insurance Distribution Directive.
Former Aviva director develops broker customer data sharing platform
Broker Insights has developed a platform which uses broker customer data to help insurers identify business opportunities.
Romero Group sees 14% Ebitda growth for 2016/17
Leeds-based Romero Group saw adjusted Ebitda increase 14% to £2.7m in the year to 30 April 2017.
Former AIG UK boss Jacqueline McNamee returns with insurtech MGA
Jacqueline McNamee, former managing director of AIG in the UK, is to return to the market fronting a new Insurtech start-up.
CII consulting on new corporate chartered title
The Chartered Insurance Institute is considering introducing a new chartered designation to reflect the current shape of the insurance market.
GRP acquires Country & Commercial Insurance Brokers
Global Risk Partners has acquired a majority interest in agricultural brokerage Country & Commercial Insurance Brokers.
Brexit has led to a drop in overseas business: PWC
Confidence in the market among general UK insurers dropped last year with Brexit set to impact business volumes, according to a survey.
Gallagher's "M&A pipeline is full" after 2017 growth
International broking giant Arthur J Gallagher will continue to acquire in 2018.
One Call ‘regrets’ mishandling of client money
One Call said it has rectified the client money errors that led to more than £1m in fines from the Financial Conduct Authority.
One Call slapped with huge fines by FCA
One Call and its CEO John Radford have been slapped with fines totalling more than £1m by the Financial Conduct Authority.
Cyber MGA Ascent Underwriting acquired by Preservation Capital Partners
Preservation Capital Partners has acquired cyber and specialty lines managing general agent Ascent Underwriting.
Composite Legal Expenses acquires business and assets of General Protection Limited
Composite Legal Expenses has acquired the business and assets of York-based firm General Protection Limited.
Das develops Alexa skill to provide assistance with legal issues
Legal expenses insurer Das Group has launched an Alexa 'skill' for the Amazon Echo Amazon’s virtual personal assistant.
GPI launches legal claim to recover £1m from Lloyd’s broker
Exclusive: An insurer has launched a legal petition to wind-up a Lloyd’s broker, over an unpaid claim of almost £1m.
Treasury MP promises engagement with brokers over regulation
Nicky Morgan, the chair of the Treasury Select Committee, said she looks forward to engaging with brokers over the “important issue” of lost productivity and regulation.
Gallagher employee jailed over £500,000 fraud
A claims manager who defrauded his employer, Arthur J Gallagher, out of more than half a million pounds, has been jailed.
Ardonagh sells remaining Broker Network stake for up to £30m
Nevada Investment Holdings has purchased the remaining 19.9% of Broker Network from Ardonagh Group.