Broker
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.
Biba Daily: Day Two – Thursday 16 May
To tie-in with the 2019 British Insurance Brokers’ Association Conference in Manchester Insurance Age and Insurance Post have joined forces to publish a daily newsletter for the event
Research: Making it in mid-market
Price still outweighs insurer financial strength in burgeoning mid-market sector.
Jonathan Evans to replace Lord Hunt as Biba chair
Former Conservative politician Jonathan Evans will replace Lord Hunt of Wirral as the chair of the British Insurance Brokers’ Association.
Biba CEO Steve White highlights skills and AI as he opens annual conference
Steve White, CEO of the British Insurance Brokers’ Association, used his conference address on Wednesday morning to highlight the need for brokers to attract young talent as the industry becomes more technologically sophisticated.
Aspen MGA in run off with 111 jobs at risk
Aspen has cut loose its UK SME managing general agent, with 111 jobs on the line as a result.
Biba Daily: Day One – Wednesday 15 May
To tie-in with the 2019 British Insurance Brokers’ Association Conference in Manchester Insurance Age and Insurance Post have joined forces to publish a daily newsletter for the event
Majority of Lloyd's syndicates exceed Q1 e-placement targets
Eight out of 10 Lloyd’s syndicates met electronic placement targets during the first quarter of 2019, according to data released by the board of the Placing Platform Limited.
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.
Blog: How digitalisation can be an enabler of customer-centric strategies
A survey conducted by Post showed that insurers and brokers saw improved customer engagement as the top positive outcome anticipated from partnering with insurtechs. John Price, chief operating officer of Schemeserve, believes digitalisation is key to…
Blog: Treating customers fairly is a business imperative too
Personal lines is a competitive space but Mike Smart, business development director at BAE Systems Applied Intelligence, believes that the first movers to tackle dual pricing and look at business structure will be the winners in the long run.
Ardonagh vs Gallagher judgement could take longer than three months
The long-running court battle between Ardonagh and Gallagher finally wrapped up on Friday, but a written judgement may take more than three months to arrive.
This month: Celebrations, culture and change
In this month’s issue, Post publishes the annual Insurtech 100, a celebration of growth and innovation in insurance across Europe, Asia and the USA, in association with Tällt Ventures.
Gallagher and Ardonagh return to court as closing statements begin
The parties in the ongoing legal dispute between Gallagher and Ardonagh returned to the Royal Courts of Justice yesterday, as the court heard closing statements from two of the defendants.
Analysis: Consolidators look to Europe for acquisitions as UK competition grows
The UK has seen a wave of consolidation in regional broking over the past few years, making competition for viable targets a challenge. In response, several consolidators are starting to look to Ireland and Europe as a potential area of expansion.
Top 100 Insurtech Firms 2019 - Spotlights
As the Insurtech 100 publishes, Post caught up with some of the firms listed across Europe, USA and Asia to reflect on the past 12 months, the future, favourite apps and food
Brightside CFO steps down
Brightside’s chief financial officer, Ian Sutherland has left the broker.
Editor's comment: Broker rebellion?
May is upon us and that means that thousands of insurance brokers are preparing for the annual camp out in Manchester to hear what their trade body the British Insurance Brokers’ Association is doing for them, plans to do for them and how insurers can…
Interview: Michael Rea, Gallagher
With Gallagher re-entering the M&A game after a four year hiatus, Michael Rea spoke to Harry Curtis about what makes a good deal, how consolidation is changing, why restrictive covenants need to be upheld and the Ardonagh court case
Bloody Bay files counterclaim in near $10m Besso ‘secret profits’ lawsuit
Exclusive: The litigation group claiming Besso owes a Carribean hotel group almost $10m in concealed brokerage has filed a counterclaim in an ongoing lawsuit.
This week: The Godfathers of insurance return
Just when they think they’re out, insurance pulls them back in. This week, two big names from the recent past, Stephen Catlin and Steve McGill, returned to the fold.
Blog: What the FCA market study means for brokers
Despite giving the broker market a clean bill of health Richard Burger, head of financial services regulatory investigations warns brokers should expect the FCA to continue to explore key areas it has identified that are in need of improvement.
Blog: Why mediocrity shouldn’t be accepted
Would you give a contract to a software firm that says it will be complacent with your business? Why accept it when it happens then, argues André Symes, chief operating officer of Genasys Technologies.
Eldon Insurance director no longer at the broker
Jacobus Coetzee no longer holds a directorship at Arron Banks’ Eldon Insurance.