CCV

BIBA 2010: Lexicon exec hails insurance broker resilience

The insurance broking sector has performed at a “remarkable” level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event at the British Insurance Brokers' Association…

Brown leaves CCV

CCV operations director Roger Brown has left the consolidator Post has learnt.

Insurer ratings: The rate debate

With the troubles that have beset Quinn recently, Daniel Dunkley asks whether brokers should take more notice of whether an insurer has a rating or not.

Marsh opens network arm

The former managing director of Broker Network, Martyn Denney, has joined Marsh to head up a new network division.

Towergate smooths IPO path with debt restructure

Towergate has enlisted investment bank JP Morgan to advise it on a debt restructure that will extend the length of time it has to repay monies owed by swapping bank debt and preferred shares for a stake in a new subsidiary.

Merger activity on the up

Insurance accountancy firm Moore Stephens has credited the banking sector for the resurgence of merger and acquisition activity among insurance intermediaries.

Broking Mergers & Acquisitions: Calmer waters

Many have predicted the death of the insurance broking mergers and acquisition market. Roger Brown explains why this has not happened and why the current situation is just a return to historical norms.

Moving on

Some brokers yearn for freedom from the corporate bureaucracy of larger firms or to become their own boss. Rachel Gordon explores the options available to those wanting to make a move.

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