Broker Network
Bonuses to be annualised at Broker Network amid restructure
Broker Network will make bonuses an annual arrangement following the implementation of a new bonus structure alongside broader changes to its sales and business development function.
Duggan seeking internal candidate to take over his Broker Network role
Broker Network has prioritised recruiting an internal candidate as Gary Duggan’s successor as chief executive and will begin its search next week.
Career file - Gary Duggan: Towergate network boss to take Paymentshield reins
Broker Network chief executive Gary Duggan is to leave his post at the Towergate division to take over from departing Paymentshield CEO Tim Johnson. The change of leadership will come into effect on 30 June following a handover period.
Broker Network boss Duggan to take over from Johnson at Paymentshield
Paymentshield chief executive Tim Johnson is leaving the Towergate division and will be replaced by Broker Network CEO Gary Duggan.
Broker Network concludes development team expansion with twin hire
Broker Network has hired Ian Wainwright as head of broker development for the network’s premier proposition and Angus Montgomery as broker development manager for the advantage proposition.
Hodges defends merits of network model following 2013 earnings slump
Towergate boss Mark Hodges has denied appetite for networks is dwindling and has tipped his own network division to bounce back this year in the wake of an almost 50% decline in earnings in 2013.
Rural's Mike Ellis to become Broker Network Underwriting MD
Broker Network Underwriting boss Paul Bennett will leave Broker Network at the end of June to pursue “other opportunities”, the group has confirmed.
Broker networks: better together?
With major firms such as Aviva among those to sever their network ties, how can broker networks remain attractive to potential members?
Ageas and Broker Network sign five-year deal
Independent broker organisation Broker Network has signed a five year strategic partnership deal with insurer Ageas.
Broker Network extends Zurich partnership
Broker Network has renewed its partnership deal with Zurich – a relationship that has lasted more than 15 years.
Market Moves - 13 March 2014
Post takes a look at who has moved where in the insurance industry this week.
Broker Network recruits from NIG and Capital Markets to boost insurer relations teams
Broker Network has added two to its insurer relations team with appointments from NIG and Capital Markets Underwriting.
C-Suite: Rising to the network challenge
Over the past few years the phrase ‘facing challenges’ has become synonymous with the network model, and there is no doubt the Broker Network, like many others, has had to adjust its approach to ensure its proposition remains relevant.
Compliance and in-house teams bolstered by Broker Network
Broker Network has bolstered its in-house broker development managers team by recruiting four new starters ahead of plans to draft in three more BDMs during the course of the year.
Towergate YTD earnings dip 3% as network earnings half
Operating earnings at Towergate have tumbled 3% for the first three quarters of the year, dipping from £120m to £116m.
Broker Network pens three year deal with Lorega
Broker Network chief executive Gary Duggan has hailed the signing of a three year exclusive deal with Lorega as enabling his organisation to ensure “the highest quality” claims support services to members.
Broker Network appoints new finance director
Broker Network has appointed Stacey Zaczkiewicz to the role of finance director, with immediate effect.
Broker Network membership rises in Q3
Broker Network welcomed 11 brokers to the network over the third quarter of 2013, an increase from the 5 and 8 new members that signed up for the first and second quarters of 2013, respectively.
Expertise in Action: Broker: Preferential treatment
Few clients are interested in commission disclosure, however, the issue of preferential treatment for brokers that produce the most business for insurers could soon face regulatory scrutiny.
Broker Network CEO confident restructure will kick-start profitability
Broker Network chief executive Gary Duggan has vowed not to take insurer support for granted while predicting future financial success in the wake of the decision to restructure the 600-strong membership network.
New Broker Network brand unveiled
Broker Network and Countrywide have joined to become one brand which will operate under the Broker Network name.
Towergate network division reports membership surge
Towergate-owned Broker Network and Countrywide have boosted membership by signing up nine broking businesses over the past two months.
Market moves: Insurers on top as appointments enter summer lull
Insurers eclipsed brokers in the recruitment race this week, as appointment activity entered its summer lull. QBE property director Finlay Smith returned to RSA and notable hires were also completed at Novae and Covéa, where commercial lines director…
Towergate network division has “gone backwards” admits Hodges
Towergate chief executive Mark Hodges has conceded that the broker’s network business has "gone backwards" this year, despite being bullish on the future of the division.