Oval Insurance Brokers
Brokers warned to scrutinise TOBAs ahead of new employers’ liability rules
Insurers could pass on fines to firms failing to obtain employee reference numbers.
Industry questions FCA proposal that firms should publish claims ratio data
Regulator suggests a range of remedies relating to the sale of add-on products.
Blanc pays tribute to Oval staff as earnings rise
Oval chief executive Peter Blanc has thanked staff for their dedication while the broker continues sale talks.
Biba recruits Reid and Blanc to lead large broker board
The British Insurance Brokers’ Association has named Bluefin executive chairman Stuart Reid and Oval chief executive Peter Blanc as chairman and deputy chairman, of its larger broker advisory board, respectively, Post can reveal.
Penny Black's Insurance Week - 30 January 2014
Oval staff received a treat this week when the area outside their office was transformed into a film set – with none other than Jack Bauer himself, Kiefer Sutherland, among the famous faces on site filming scenes for the return of TV thriller 24.
JLT’s Thistle Insurance makes six appointments
Thistle Insurance Services has made six appointments looking to brokers Oval, Towergate and Giles for its new recruits.
C Suite: Nondisclosure consigned to history
When the concept of duty of disclosure first became enshrined in insurance law the world was a very different place – an underwriter relied entirely on the broker’s presentation and had few alternative sources of information.
Biba manifesto sparks hope the burden of regulatory cost will be addressed
FCA urged to find areas for savings and be more transparent.
2014 tipped to see consolidation surge as sector’s M&A appetite increases
Regulatory certainty, soft market and economic recovery make deals likely.
Oval staff informed of Gallagher talks ahead of March deal
Oval staff have been informed about the broker being in exclusive acquisition talks with Arthur J Gallagher, a source close to Oval has said.
Gallagher tipped to enhance global stature with Oval acquisition
A take-over of broker Oval would see Arthur J Gallagher cement its position within the top echelons of the broking world, according to Bluefin executive chairman Stuart Reid.
Industry raises doubts over necessity of Insurance Brokers’ Standards Council
Chairman Anscombe says the IBSC allows sector to determine its own standards.
FCA urged to probe premium finance arrangements after TCF accusations
Whistleblower says ‘nearly all’ big brokers are shortchanging their customers
Oval in exclusive talks over sale of financial sevices division
Oval has entered into a period of exclusivity with a national financial advisory firm with a view to concluding a sale of Oval Financial Services in early 2014.
Brokers concerned by latest Aviva exits as Hudson and Robinson jump ship
Pair’s departure follows those of Clayden, Spencer and Deakin in recent months.
Ex-Oval boss Herdman named Prism Network chairman
Former Oval group managing director Jeff Herdman has been named non-executive chairman at building repairs specialist Prism Network.
Canadian brokers tip Tulloch for success as Aviva UK GI CEO
Rival insurers hope to take advantage following shake-up.
C-Suite: Training key for focused staff
I was recently at a presentation in our Bristol office on the learning and development culture that has been implemented in our South West region.
NCC and Oval launch cyber assurance package for SMEs
Information assurance firm NCC Group has teamed up with broker Oval to launch a cyber assurance package for the SME community.
Underwriters under pressure to secure facility deals to remain in London market
Lloyd’s underwriters have been warned they may have to secure facility deals with brokers in order to conduct business in the market in the future, despite a question mark remaining over whether these practices are anti-competitive.
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?
Oval secures £43m four year refinance deal
Oval has secured a £43m refinance package to support its growth plans, with Barclays and Lloyds providing the funding.
Oval completes shift to Acturis system
Oval has completely shifted its business to the Acturis system in a move to bring the company’s users, accounting functions and e-traded products together on the same platform.
Regulator FCA faces call for "pay to play" to be investigated
Regulator faces calls for ‘pay to play’ to be investigated.