Ardonagh Group
Saulter to start as Davies Group CEO in July
Dan Saulter will take up his role as chief executive of Davies Group on 1 July.
Allianz signs three-year network deal
Towergate-owned Broker Network and Countrywide have extended their partnership with Allianz Insurance for three years.
Towergate hands Willis UK president role as Paymentshield director
Towergate has appointed Willis UK president Brendan McCafferty as commercial director at Paymentshield.
Towergate names Ryan Brown as its new M&A director
Towergate has moved to replace Davies-bound Dan Saulter with the appointment of Ryan Brown as M&A director.
Towergate network acquisitions director to join Bluefin
Bluefin has appointed the director of acquisitions for Towergate’s network division Paul Roberts to head up its own acquisition strategy.
Lorica COO Godbold on gardening leave
Stephen Godbold has left insurance broker Lorica and is currently serving gardening leave.
Lockton recruits general counsel from Towergate
Lockton has swooped to recruit Towergate’s head of legal and secretariat.
View from the Top: Mark Hodges Group, Towergate Insurance
Biba 2013 leaves brokers feeling positive
Saulter exit will not disrupt Towergate M&A activity, vows Hodges
The departure of Towergate mergers and acquisitions director Dan Saulter will not dent the consolidator’s acquisition strategy in the year ahead, according to chief executive Mark Hodges.
Towergate sees slight GWP improvement as network division takes a hit
Towergate has seen its gross written premium increase 2% on the first quarter of last year to £757m, but blamed changes in partner insurer relationships for a 50% slump in operating earnings within its network division.
Brokers told to improve record-keeping to reduce professional indemnity claims
Brokers have been urged to improve the way they document advice to clients in light of increasing numbers of professional indemnity claims against them.
Ex-BGL director joins Towergate
Towergate Insurance has appointed Derek Henry as group carrier relationship director.
Aspen recruits Ecclesiastical planning director for regional leadership
Aspen Risk Management has swooped to recruit Ecclesiastical’s planning and change director Paul Lee to head up its business in the North of England.
Bluefin fails to recruit Fusion pair
Bluefin chief executive Stuart Reid's bid to recruit Fusion Insurance directors Nick Wright and Stewart Gardiner has collapsed.
Burgess aims for success with tried-and-tested business model
Former British Insurance boss Simon Burgess is modelling his new venture British Money as a rival to his old firm.
Towergate interest payments come down and debt maturity extended to 2018
Towergate Insurance has today announced the completion of its refinancing, following the closing of its bond offering.
Towergate swoops for North England broking pair
Towergate has acquired Youngs Insurance Brokers and Murray Burns & Co, brokers based in North of England.
Towergate’s Duggan puts market competitors networks in crosshairs
Duggan won’t ‘rule anything out’ in plans for business’s future
Editor's comment: Biba fever sweeps the market
There must be something in the water – or maybe it is #BIBAFever setting in. Whatever it is, after a quiet start to the year, broker deals have suddenly started to liven up the market now the British Insurance Brokers’ Association conference is in our…
Movers & shakers: All aboard as every sector chips in with compelling recruitment performances
Hires, departures and extra-curricular appointments were finalised across the board this week, as the managerial merry-go-round gathered speed. At UK General, Neil Martin has been hired to take on the role vacated by Bluefin-bound John Neil, while in the…
Towergate subsidiary CCV snaps up Norwich-based broker
Towergate-owned Cullum Capital Ventures has acquired Waveney Insurance Brokers and its two subsidiary companies Waveney Insurance Brokers Commercial and Waveney Group Schemes.
Broking Supplement: Taking heads - Matters of opinion
The last 12 months have been busy for the broking sector with a new regulatory regime, the continuing financial crisis and the battle against the current Financial Services Compensation Scheme all occupying the minds of intermediaries. Post caught up…
Broking Supplement: Networks - Joined-up thinking
Networks may give a bigger voice to small and medium-sized brokers - but after 20 years is the model still valued by insurers?
Towergate CEO Hodges hails new "flexible debt structure" after £396m bond issue
Towergate has announced the pricing of the offering by its subsidiary, Towergate Finance, of floating rate senior secured notes due 2018 in an aggregate principal amount of £396m.