Purple Partnership
GRP holdco sets baseline for Searchlight era with inaugural £42m operating profit
Global Risk Partners’ holding company GRP (Jersey) Holdco has posted turnover of £128.8m in its first set of annual results.
Members voice support for Marsh’s network merger plans
Members of Marsh Probroker, Purple Partnership and Bluefin Network have welcomed the plans to combine the three into one single proposition called Marsh Networks.
Uptick in start-up broker applications leads Marsh Networks to develop fresh offerings
Exclusive: Marsh Networks has seen an increase in the number of start-up brokers expressing interest in joining, leading it to create two packages to attract them to its networks.
Marsh brings three networks together under single leadership
Marsh has brought the three networks it owns under a single leadership.
Broker networks: Better together?
Broker networks have seen new members, management buyouts and questions over independence, is the future bright for them?
Marsh and Jelf confirm £258m acquisition
Marsh and Jelf have agreed on the terms of a cash acquisition that will see Marsh acquire the entire issued and to-be-issued share capital of Jelf.
Towergate troubles fail to dent insurer support for Broker Network
Previous financial instability at Towergate has not deterred Broker Network's insurer partners standing by the organisation and its CEO Andy Fairchild, despite concerns members would be tempted to defect to other networks.
Jelf network Purple reaps benefits of market 'turmoil'
Jelf Group CEO Alex Alway says current "market turmoil" has benefited the company's broker network Purple Partnership.
Jelf Group insurance revenues rise 14.4%
Jelf Group has seen revenues from its insurance business grow 14.4% to £55.2m for the year ended 30 September 2014.
Hanks bolsters NED portfolio with Open GI and Powerplace role
Former Allianz Commercial general manager Chris Hanks has added to his non-executive portfolio after agreeing to join the board as a NED of Open GI and Powerplace.
Hanks joins Jelf Group board as NED
Jelf Group has appointed Chris Hanks as non-executive director adding to his role as chairman of Jelf's broker network Purple Partnership.
Broker networks: better together?
With major firms such as Aviva among those to sever their network ties, how can broker networks remain attractive to potential members?
Jelf brings Riverside into the fold following acquisition
Jelf Insurance Brokers chief executive Phil Barton has welcomed Purple Partnership member Riverside Insurance Brokers’ decision to “take the next step” and join Jelf following the acquisition of the Kent-based business.
Jelf CEO not averse to more M&A activity despite organic investment
Jelf Group chief executive Alex Alway has vowed to continue to invest in organic growth within the insurance broking division, despite the successful integration of The Insurance Partnership contributing to an uptick in 2013 revenues.
Market Moves: UK General hires former BMW man and Sue Langley returns to industry
This week saw a surge of appointments among insurers, with fresh faces at AIG, Allianz and UK General. The latter swooped for a former BMW man to serve as schemes director, while others looked to more conventional sources. Former Lloyd’s and Hiscox boss…
Market Moves: Busy insurers make a raft of hires along with a number of key departures
Insurers led the way in a recruitment frenzy this week. AIG swooped for a head of commercial property, while Hardy acquired a property treaty business unit manager. There were departures too, with QBE’s Steven Burns announcing retirement from full time…
Hanks named Purple Partnership non-exec chair
Former Allianz Commercial boss Chris Hanks has been named non-executive chairman of Jelf-owned broker network Purple Partnership.
Jelf trading update reports 'positive' H2
A trading update from Jelf has revealed the broker experienced a positive second half of 2012, with results expected to be in line with market expectations.
Purple Partnership chairman Finch to step down
Independent broker network Purple Partnership has announced that non-executive chairman Alec Finch is to step down from 31 October.
Ten’s ownership scheme heralded as future for independent brokers
Sharp hopes for new share model to become big brokers’ ‘biggest nightmare’
Sterling teams up with Purple Partnership
Sterling Insurance Group has joined independent broker network the Purple Partnership’s preferred partner list.