Ardonagh Group
Axa commercial lines raids Towergate for IT director
Ross Burns has joined Axa from Paymentshield where he was programme and IT director with board level responsibility.
Homer: Hodges was “only credible” external option
In an exclusive interview with Postonline, outgoing Towergate chief executive Andy Homer has hailed the coup of recruiting Aviva UK CEO Mark Hodges to run the broker - insisting he was the “only credible external option” to succeed him.
Towergate chair Lyons: Hodges will join "in a few months"
The appointment of Towergate’s new group chief executive Mark Hodges is not a “starting gun” for a listing, according to its chairman.
Post Blog: History repeating itself - a tale of two Towergates
Having been rebuffed a fortnight ago when inquring about whether Aviva UK CEO Mark Hodges was jumping ship to join Towergate as group CEO, the Post news desk was not exactly surprised when he was unveiled as Andy Homer's successor today.
Aviva UK GI CEO McMillan backs “life heavyweight” Matthews to manage GI responsibilities
Aviva UK general insurance chief executive David McMillan has insisted the appointment of “life insurance heavyweight” Trevor Matthews to replace the outgoing Mark Hodges as UK CEO will not impact the firm’s ability to serve general insurance customers.
Homer to step down in October as Hodges joins Towergate
Towergate Chairman Alastair Lyons has confirmed that subject to FSA approval, Mark Hodges, currently executive director and UK chief executive officer of Aviva plc will join the broker to replace Andy Homer.
Towergate appoints Mark Hodges as group CEO
Aviva plc has announced Mark Hodges, UK CEO will leave the business to join Towergate.
Post Blog: History repeating itself - a tale of two Towergates
Having been rebuffed a fortnight ago when inquring about whether Aviva UK CEO Mark Hodges was jumping ship to join Towergate as group CEO, the Post news desk was not exactly surprised when he was unveiled as Andy Homer's successor today.
Towergate splits retail into three in internal shuffle
Towergate Broking has revealed a revised internal structure to staff, splitting its retail division into three key areas, Post has learnt.
Towergate 'misleading' employment tribunal, says counsel
The long-running employment dispute between Towergate and two former members of staff now working for rival Hendersons could be concluded in November, a full year after the employment tribunal began to hear the case, Post has learnt.
Towergate sets £25m target for new in-house e-trading arm
Towergate Underwriting has targeted an additional £25m in gross written premium once its new commercial e-trading proposition goes live this summer. The firm currently claims to control a total of £600m in GWP — of which £75m is through various software…
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Biba 2011: Biba renews professional indemnity accredited broker panel
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker panel. Biba's three accredited brokers — Lockton Companies, Howden Insurance Brokers and Towergate Professional Indemnity — will continue to provide cover…
Biba 2011: Trade bodies must work together, says Homer
Insurance industry trade bodies need to join forces to solve the problems surrounding the handling of client money, according to Towergate's Andy Homer.
Crisis Survivor closes doors
Risk management specialist Crisis Survivor has entered liquidation four years after its launch, claiming "insurers failed to recognise its value".
Penny Black's insurance week
Given his aspirations as a pop impresario, Penny was interested to see former IAG UK boss and Hastings investor Neil Utley enter the annual Rich List chart above the likes of George Michael, Robbie Williams and Phil Collins.
Hyperion aims for £200m target by 2014
The development of a general commercial retail broking operation in the UK will play a major role in Hyperion Group becoming a £200m business by September 2014.
Biba 2011: Fusion and Oliva to offer SME disaster recovery package
Oliva Underwriting Management and Fusion Insurance Services have both signed agreements with risk mitigation and loss reduction specialists Global Continuity, to embed its disaster recovery solution, Business Assist, into their product suites.
Biba 2011: Trade body renews PI deal and teams up with Jelf
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker panel, and launched a new private medical insurance offering.
Coverzones founder appointed Powerplace CEO
Powerplace has confirmed that Coverzones founder and former CEO Simon Ball is to replace Matthew Reed as chief executive at the company.
Hastings' Utley, Go Compare's Parsons and Sabre's Morris all enter Rich List
Former IAG UK CEO and current Hastings chairman Neil Utley has entered the Sunday Times Rich List top 1000 today at 430= with a fortune of £160m.
Editor's comment: tying the knot
The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.
Towergate hints at global acquisition plans in 2011
Towergate Insurance Group has not ruled out an acquisition outside the UK before the recently refinanced consolidator achieves its long-term goal of flotation.