Broker Network
Consolidators: Dead or alive?
Critics say the consolidation model is unsustainable, while its proponents argue it is yielding admirable results during difficult economic times. So, are consolidators heading into the future fighting fit, or are they falling apart?
Broker Network inks three year Alps deal
Broker Network & Countrywide has signed a deal with Auto Legal Protection Services that will serve its members with products and services.
Independent Broking: Back to basics
With tough times facing the industry, insurers and brokers have to embrace their traditional roles to be successful
Market Moves: High-profile moves come to the fore at Bluefin and Covéa, while Markel hires two
Another hectic week saw the usual suspects come to the fore with high-profile moves at Bluefin seeing the broker’s CEO stepping up to the role of executive chairman, while at Covéa a new SME leader will be reunited with a former Brit colleague who joined…
DAS and Broker Network launch commercial legal expenses scheme
Legal expenses insurer DAS and Broker Network have launched a new commercial legal expenses scheme for Broker Network and Countrywide ‘Complete’ members.
Towergate recruits from Covéa for Countrywide segment boss
Broker Network and Countrywide has recruited Covéa’s Keith Svendsen for a newly created position as Countrywide segment manager.
Allianz signs three-year network deal
Towergate-owned Broker Network and Countrywide have extended their partnership with Allianz Insurance for three years.
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’s Duggan puts market competitors networks in crosshairs
Duggan won’t ‘rule anything out’ in plans for business’s future
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?
Personal Lines Brokers: Fresh tactics
With the rise of aggregators bringing their very existence into question, how are personal lines brokers changing their approach to ensure they stay relevant and needed?
Moody’s downgrades Towergate after patchy 2012 financial results
Towergate’s financial results for 2012 have revealed vastly divergent performances among its four main insurance divisions, ranging from a 24% year-on-year drop in earnings in its network arm to a 17% rise in underwriting earnings.
Towergate shrinks full year losses to £6m
Towergate has improved its figures for the year ending 31 December, declaring a pre-tax loss of £6.1m, despite worsening performance from its network division.
Broker Network adds two to insurer relations team
Towergate-owned Broker Network and Countrywide has grown its insurer relations team with the addition of Axa’s Dave Wilkins alongside an internal promotion.
Lorega extends Broker Network deal
Broker Network and Countrywide have extended their relationship with Lorega through the launch of a household loss recovery insurance product.
Brokerbility adds Miles Smith to ranks
A newly formed retail division of Miles Smith has become the latest broking business to join Brokerbility, taking its membership to 35.
Aviva: We are not anti-network
Aviva is confident it will not lose out on any relationships with individual brokers after it breaks ties with Willis Networks, according to the insurer's director of broker distribution, Phil Bayles.
Ten Insurance starts search for new chairman
Independent commercial broker network Ten Insurance is soon to start discussions to replace recently retired David Pearce, who has left his role as non-executive chairman.
Career File: Gary Duggan: Ex-Barclays Duggan made Towergate network chief
Towergate has appointed Gary Duggan as chief executive of its network division, comprising Broker Network and Countrywide.
Blog: Has Biba found its valentine in Steve White?
It is now four months since Eric Galbraith announced his intention to leave the British Insurance Brokers’ Association, leading to fevered speculation about his successor.
Towergate names Barclays retail boss Duggan as Network Division CEO
Gary Duggan has been appointed the Towergate network division’s chief executive. He joins the executive committee of the firm and will lead the network business, which comprises Broker Network and Countrywide.
Ten backs chartered plans with training hire
Independent broker network Ten Insurance has appointed a training manager in its bid to receive chartered status.
Broking Focus: Cashflow Problem
Macquarie’s withdrawal from cashflow lending last year caught many brokers by surprise, but what has the impact been– and where do brokers look now for finance?