Brightside
Brightside CEO Williams plotting MGA launch
Brightside chief executive Paul Williams has outlined a number of measures designed to improve profitability at the specialist broker, including the potential launch of a managing general agent.
Brightside seals exclusive partnership deal with Rated People
Specialist broker Brightside has launched an exclusive 12 month insurance partnership with, online trade recommendation service Rated People.
Brightside raises capital to avoid convenant breach
Broker Brightside Group has successfully raised £6,844,110 by the placing of 45,627,400 new ordinary shares of 1 pence each at the placing price of 15 pence per share.
Footprint MD Testa to unveil motorcycle offering following Banks reunion
The managing director of newly launched van insurance brand Footprint, Lance Testa, is expecting to integrate motorcycle insurance into the business in February as he prepares to take on established players, including his former employer Brightside's…
Ex-Brightside boss Banks launches van insurance brand Footprint
Former Brightside chief executive Arron Banks has launched specialist standard and non-standard van insurance brand Footprint Insurance, having enrolled an experienced management team led by Lance Testa.
Brightside slashes 2013 forecast by 20%
Brightside Group has reduced its 2013 earnings estimate by approximately 20% after further capacity restrictions in the fourth quarter of 2013 adversely affected the broker’s online business.
Career file - Paul Williams: Williams to replace Holman as Brightside CEO
Brightside has appointed Towergate director Paul Williams to take over as chief executive early next year following the departure of Martyn Holman.
New Markerstudy bid for Brightside expected as Holman joins insurer
Markerstudy not expected to increase bid that was previously labelled ‘strange’.
Southern Rock poaches five senior staff from Brightside
Southern Rock has capitalised on the uncertainty at Brightside by swooping for for five senior staff members in the last three months, Post can reveal.
Penny Black's Insurance Week - 5 December 2013
Penny has discovered Brightside finance director Paul Chase-Gardener’s hidden talent – the ability to predict the very near future.
Markerstudy closing Capita purchases on Wednesday
Markerstudy has received regulatory approval for its purchases of BDML Connect, Lancaster Insurance Services, Delta Underwriting Agency, Hero Insurance Services and Sureterm Direct.
Markerstudy 'still has an interest in Brightside' says Holman
Markerstudy still has "an interest in the well-being of Brightside” according to the broker’s outgoing chief executive Martyn Holman.
Towergate among larger brokers targeted by Brightside for Holman replacement
Interim chief executive Paul Chase-Gardener says it was always Brightside’s intention to recruit a new chief executive from a larger rival.
Brightside boss Holman moves to Markerstudy
Markerstudy has recruited Brightside chief executive Martyn Holman to serve as its group commercial director from January.
Towergate's Williams to replace Holman as Brightside CEO
Brightside has appointed Towergate director Paul Williams to take over as chief executive early next year following the departure of outgoing CEO Martyn Holman.
Markerstudy touted as saviour for Capita broking businesses
Brightside deal could still go ahead despite acquisitions.
Brightside profits remain flat in H1 as net assets increase 5%
Brightside Group has recorded stable half-year post-tax profits of £5.5m (H1 2012: £5.6m.
Holman to be replaced as Brightside CEO later this year
Brightside chief executive Martyn Holman will be replaced later this year following a review of the board’s composition.
Brightside chief questions Markerstudy's 'strange' valuation
Brightside's chief executive Martyn Holman has expressed confusion at the change in valuation that scuppered Markerstudy’s bid for the broker.
Brightside dismisses Markerstudy offer
Brightside directors have said they see no need in proceeding with offer discussions with Markerstudy after the Gibraltar-based motor insurer reduced its offer by at least 5p per share.
Month extension for Markerstudy’s Brightside bid
The deadline for a bid by Gibraltar-based motor insurer Markerstudy to take over Brightside has been extended to 10 September, a statement to the London Stock Exchange has confirmed.
Markerstudy makes Brightside bid after “non-aggressive” 9% stake
Gibraltar-based motor insurer Markerstudy has approached Brightside over a potential takeover, despite the insurer’s chief underwriting officer insisting an earlier purchase of a stake in the firm would be “non-aggressive”.
Motor Insurance: The road to profit
Could recent legislation provide the turning point motor insurers need to drive them into long-awaited profitability, or are tough times set to continue?
Initial Public Offerings: A good time to float
Following successful initial public offerings by Direct Line Group and Esure, many industry commentators believe market conditions are currently perfect for further flotations. So, is it time for others to go public?