Broker Network
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?
Purple Partnership appoints development manager
Purple Partnership, the Jelf-owned independent brokers’ network, has appointed Pauline Palmer as development management for the central region.
Ink plans January network launch
Giles subsidiary Ink Underwriting is to formally launch its new broker network, Compass Broker Partnerships, in January.
Ceta promotes O’Hara to business development manager
General insurance network Ceta Insurance has appointed James O'Hara to business development manager.
Bluefin adds five to broker network
Five new brokers have joined Bluefin’ broker network Broker Partnership Services.
Market moves: Hastings and Compare the Market bolster ranks with directorial appointments
Broker Hastings and BGL-owned aggregator Compare the Market were the busiest recruiters this week, both bringing in new directors.
Broker Network and Countrywide recruit insurer director
Towergate subsidiaries Broker Network and Countrywide have appointed Keychoice's head of underwriting as insurer director.
Houghton departs Broker Network after 17% drop in operating earnings
Nick Houghton has joined West Yorkshire-based broker JM Glendinning after resigning as managing director of Broker Network and Countrywide.
Houghton joins JM Glendinning
Nick Houghton, who stepped down as managing director of Broker Network last week, has joined Broker Network member JM Glendinning as MD.
Towergate confirms departure of Broker Network MD Houghton
Towergate has this morning confirmed Broker Network and Countrywide managing director Nick Houghton has resigned after revealing his intention to run an independent broking business.
Houghton to leave Broker Network
Nick Houghton has resigned from the role of managing director at Broker Network, according to Insurance Age.
Towergate posts 5% rise in operating earnings on H1 loss of £25m, as Network division suffers
Towergate Insurance has reported operating earnings of £80.6m (HI 2011: £76.7m) for the first half of the year to 30 June 2012, with a loss before tax narrowing slightly on the same period last year to £25.5m (£25.1m), as its four divisions revealed…
Willis' newest office opens in China
Willis has opened its 22nd office, the firm's second office in China this year.
Rural targets the south amid plans to double in size
Specialist agricultural insurer Rural Insurance has laid out plans to double in size within three years.
Aviva's relationship with Willis Networks tipped to be under review
Aviva is reviewing its partnership with Willis Networks, Post understands.
One Answer Network to launch commercial and personal lines IT platform for brokers
Broker organisation One Answer Network is launching an IT platform in the fourth quarter which will allow members to trade personal and commercial lines products.
Editor's comment: Network connections
With rumours buzzing round the market about the nature of the fall out between Aviva and Broker Network, there have been inevitable suggestions of a sign that insurers are giving further thought to the value derived from some networks.
Commission demands blamed for end of Aviva and Broker Network relationship
Rival networks have accused Broker Network of demanding excessive commissions and over-riders from insurers after its relationship with Aviva, as one of its preferred providers, came to an abrupt end.
Post magazine - 14 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Aviva and Broker Network "mutually agreed" that arrangement could not work
Speaking to Post following the news that Aviva has decided to end an arrangement with Broker Network as its preferred partner, David Skinn, head of broker performance management at Aviva, stressed that this does not change its relationship with member…
Broker Network and Aviva end deal
Aviva has decided to end an arrangement with Broker Network as its preferred partner following a breakdown in the relationship.
Giles snaps up ex-Broker Network director Mageean
Giles has appointed Bernard Mageean as managing director of underwriting and wholesale, effective from the end of August 2012.
Broker Network directors 'not stepping down' despite Companies House listing
The Broker Network has dismissed concerns that five directors will be leaving the organisation after Companies House listings stated that a number of senior figures have had their 'appointments terminated'.
Rural signs three new deals to expand farming footprint
Rural Insurance, the specialist agricultural insurer, has signed deals with Coversure, Farmers Union of Wales and Broker Network, as it continues to push for growth in 2012.