Networks
Interview - Edward Fitzmaurice: Broking promises
With Hastings Direct on the cusp of becoming a top five broker and securing its one millionth customer, 2012 could be a landmark year for chief executive Edward Fitzmaurice
Your say: Urgent lessons must be learnt from the government’s critical riot report
The government’s interim report on the summer riots makes uncomfortable reading for the insurance industry.
Ten targets directly regulated brokers
Bosses from Ten Insurance have revealed proposals to begin forging relationships with directly regulated brokers, following a year in which record profits were recorded by the broking network.
Moyes chooses Momentum for start-up
Terry Moyes, who quit Oval to start his own broker business, has signed up with the Momentum network, run by former Oval boss Howard Pepper.
Former broker boss launches new network
A former provincial broker is hoping to attract thousands of independent intermediaries to his newly launched network, after claiming the traditional model has reached “saturation point”.
PSTF: Customer experience: the new battleground
Providing a compelling customer experience will be the critical basis of competition for insurers in 2012 and the foreseeable future. This was the main message from Richard Edwards, principal analyst at Ovum, pictured, on managing IT strategy in an ever…
Your say: Unpalatable truth
The article by Amy Ellis concerning so called ‘referral fees’ paid by contractors’ networks takes up a subject that has been central to the concerns of some in the loss adjusting profession for many years
Brokers Link growth takes it to $14bn
José Fonseca, chairman of Brokers Link, has told delegates at the Broker Network conference that new joiners in Israel, Indonesia, South Korea and the Caribbean had increased members’ managed premium to more than $14bn.
McManus Towergate move rubbished as Wilkinson wins Willis UK CEO role
Market speculation suggests that outgoing Willis UK & Ireland chief executive Brendan McManus will target a role at another major broker, after well-placed sources rubbished rumours linking him with a move to Towergate.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Muir calls for better motor insurance PR
Paul Muir, managing director of broker club One Answer Network, has called on motor insurers and brokers to be honest and open with the public to improve the industry’s image.
French broker joins Brokers Link
Filhet Allard has become a member of independent insurance broker network Brokers Link.
French broker joins Brokers Link
Filhet Allard has become a member of independent insurance broker network Brokers Link.
Lloyd's & London market - Compliance burden: The cost of compliance
With the UK the most costly European country for regulation, could UK-domiciled Lloyd’s and London market brokers really become an endangered species?
Willis announces Broker Direct network tie up
Willis Networks and Broker Direct, through its commercial insurance solution Our Network, have entered into a strategic alliance that will allow their respective members access to the services and facilities of the other.
1 Answer Insurance and 1 Answer Network set up office together
1 Answer Insurance is to share purpose-built premises with 1 Answer Network in a move the company directors’ hope will enable the firms to benefit from economies of scale and greater expansion options.
EIS French broker links sealed CBL aquisition
The multi-million dollar acquisition of London-based underwriting agency European Insurance Services was part of a strategic purchase by credit insurer CBL Group to gain access to a network of almost 500 French brokers.
Muir ups One Answer Network stake with Optimas share purchase
Paul Muir, managing director of One Answer Network, has purchased the 38.57% holding of Optimas Insurance Group, signalling the latter's exit from the UK insurance market.
MYI forms joint venture in India
McLarens Young International has opened a full service loss adjusting network in India.
Brokers warned networks no panacea
Moves by brokers to mitigate the effect of economic uncertainty by joining networks is likely to increase over the next few years.
Willis looks to enhance alliance relationships with insurers
Over 100 Willis commercial network members are expected to attend the annual forum of Willis Group Holdings’ which today in Alicante, Spain.
Broker focus - lead generation: follow the leader
Many brokers would not be able to survive without high volumes of lead generation but what form produces the best results? Trevor Cutts assesses the options and factors to consider.
Westinsure reveals SME insurer deals
Broker network Westinsure has secured a range of SME deals with insurers for members that currently transact more than £100m of business in the sector. The new deals are designed primarily to cover package and small combined products and offer a…
Westinsure launches SME initiative
Broker network Westinsure has launched an initiative to create a range of SME deals exclusively designed for its members, providing a combination of bespoke policy wordings, tailored service proposition and competitive ratings.