Company news
Tasker completes second acquisition of the year
Tasker Insurance Group has completed second acquisition of the year with the purchase of Hobbs Associates.
CBL creditors owed in excess of £90m
Creditors of CBL Corporation, the parent company of CBL Insurance, are expected to be owed in excess of £90m.
Eldon appoints chairman and NED
Arron Banks’ broker Eldon has appointed Link chair Mark Boleat as its chairman, while Martyn Holman joins the broker as a non-executive director.
Keoghs expands into Northern Ireland
Keoghs has joined forces with Belfast-based law firm Caldwell Warner to expand its business into Northern Ireland.
Ex-Allianz and Axa pair launch 'open source' insurtech
Jon Britton, from Allianz Partners and Stephen Hartshorne, formerly at Axa, have launched an insurtech that draws upon open source data.
Aviva reveals adoption rates of repair portal
Aviva has revealed that four out of five customers choose to manage their repair claims themselves.
Sharing economy insurtech appoints two to management team
Pikl, sharing economy insurtech, has appointed John Bailey and Alison Astell for two newly created senior positions in the company.
Gibraltar legal expenses insurer declares insolvency
Gibraltar-based unrated insurer Lamp has submitted an application to place the business into liquidation.
Aston Lark deal gives broker firepower for larger acquisitions
The acquisition of Aston Lark by Goldman Sachs could enable the broker to seek out larger acquisition targets, the company's CEO Peter Blanc said.
This week in Post: Conference, cuts and conservative leadership
This week, along with the rest of the team, I attended the British Insurance Brokers’ Association conference. I knew it would be an action-packed week - but nothing could prepare me for what was ahead.
Victor International appoints Anthony Stevens as president
Victor Insurance Holdings has appointed Anthony Stevens as president of Victor International, effective immediately. He succeeds Paul Drake, who previously announced his plans to retire from the firm in September.
CBL Corporation placed into liquidation
The New Zealand high court has placed CBL Corporation into liquidation.
First Central will not appeal £13,000 ‘unfair dismissal’ judgment
Exclusive: First Central has been hit with a compensation order, after a former employee claimed they were dismissed unfairly.
McLarens expands leadership team
McLarens has announced six management appointments within its UK and Ireland business.
Fourth acquisition in two weeks caps off recent cluster of GRP broker buys
Exclusive: Higos, GRP’s hub business in the South West, has acquired The Insurance Group for an undisclosed sum.
Chris Guillaume steps down as CEO of Open GI
Open GI CEO Chris Guillaume is set to step down and take on a non-executive role on the company’s main board.
Brightside CFO steps down
Brightside’s chief financial officer, Ian Sutherland has left the broker.
L&G appoints Darren Prior as head of broker
Legal & General has promoted Darren Prior to head of broker within its general insurance division.
Canopius attracts investment from Samsung
Canopius has partnered with Samsung Fire & Marine Insurance to offer “innovative customer-focused” insurance solutions across the globe.
AIG Europe posts profit of £59.5m despite a fall in premiums
AIG Europe has reported a profit before tax of £59.5m for the 12 months to 30 November 2018, up from a loss of £431.5m the previous year.
Former Cunningham Lindsey boss Pigot joins McLarens
McLarens has appointed David Pigot to the newly created role of director of London Markets and global head of specialty.
Senior departures at RSA as it announces management shakeup
RSA has announced a number of senior role changes in its UK and international business.
Eldon Insurance director no longer at the broker
Jacobus Coetzee no longer holds a directorship at Arron Banks’ Eldon Insurance.
GRP brokers make three acquisitions
GRP-owned Cavendish Munro has made one acquisition, while Green Insurance Group has bought two businesses.