CCV
Broker Network recruits from CCV for business development boss
Broker Network has taken a new head of business development from Towergate-owned CCV Risk Solutions.
Towergate ties-up trio of acquisitions
Towergate has taken its total number of acquisitions so far in 2013 to three.
Barbon promotes Tye to underwriting director
Property insurance and lettings insurance specialist Barbon has appointed Paul Tye, pictured, as its new underwriting director.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Hodges: £90m M&A pot half spent but always replenished
Towergate has no intention of easing off from merger and acquisition activity as it ploughs ahead with a plan to grow its top and bottom lines over the next two years.
CCV chief operating officer Barr steps down
Graham Barr, pictured, has left his job as chief operating officer of Cullum Capital Ventures after less than a year.
Motaquote boss Lombard quits as staff face possible redundancies
Motaquote boss Nigel Lombard, pictured, has stepped down as the broker prepares for a strategic review of the business.
Towergate on course to double 2011 acquisitions total, says M&A boss Saulter
The acquisition of two more insurance brokers has seen Towergate match the total number of deals it closed in 2011 in the first seven months of this year.
CCV appoints Towergate boss to replace promoted Simpson
CCV has promoted Just Insurance managing director Rob Simpson, pictured, to central region MD, and his former role will be taken over by Towergate Risk Solutions Hertfordshire business unit director Rob Pollard.
CCV wins chartered status
Cullum Capital Ventures has attained the status of chartered broker.
BIBA 2012 Video: Meerkats in hard hats and other pressing questions
Today at Biba we asked attendees about their reaction to commission disclosure, aggregation and technology.
Market divided as to favourability of current conditions for IPOs
Market players credited with an interest in launching initial public offerings inside the next two years have been warned against attempting to float amid unfavourable conditions, where value is at rock bottom.
Engelhardt tops Sunday Times insurance Rich List
Admiral's Henry Engelhardt, pictured, was the insurance industry’s top player in this year’s Sunday Times Rich List, with a total worth of £528m, down £120m from last year. He came in at 156th place, down from 120.
CCV buys remainder of Capital & County
CCV has bought broker Capital & County outright after originally buying a 30% shareholding on 1 September 2008.
Market moves: Insurers dominate again
Zurich made two high-profile appointments this week, as the recruitment space was once again dominated by insurers.
CCV hires new operations director
CCV has appointed of David Bruce as operations director starting in April.
Experts claim average broker selling price falling
Graham Barr, who joined acquisitive broker CCV as chief operating officer in October, has said brokers are selling on average at less than 1.5 times their brokerage, with only unusual niche specialists selling for two times.
CCV completes first two deals of 2012
Lyon Insurance Services in Anglesey and Crown Insurance Brokers in Birmingham have been fully acquired and both will join existing CCV businesses.
My best 11- Phil Bayles, Aviva
Aviva’s Phil Bayles selects his best XI for an insurance start-up. The director of brokers and key partners opts for a team made up almost entirely of broking stars, aided by Southampton legend Matt Le Tissier as a supporting forward.
Editor's comment: Tempting fate on features
Commissioning editorial copy can be a bit like tempting fate. This week’s broker-focused feature on mergers and acquisitions reflected back over 2011 as its starting point, when first conceived a couple of months ago, with a writer assigned to analyse…
Broking - Mergers & acquisitions: Do not disturb
2011 was a relatively sleepy year for merger & acquisition activity in the broker sector. Could 2012 be a wake-up call or will the market stay snoozing?