Broker
Willis IRM buys Hale Kavanagh in Leeds
Belfast-based Willis Insurance and Risk Management has bought Leeds firm Hale Kavanagh Insurance Brokers for an undisclosed sum.
This Week: Getting stuff done
Helios has (almost) done his work and got the week done. Probably because he has an oven ready plan. To leave the working week and enter the weekend.
Eldon rebrands as Somerset Bridge
Arron Banks’ Eldon Insurance Services has rebranded as Somerset Bridge Insurance Services after receiving approval from members and the Financial Conduct Authority.
No sales talks at Kingsbridge, says CEO
Kingsbridge is “not currently in a sales process”, CEO James Twining has confirmed to Post.
Trade Voice: The ABI's James Dalton on why GI pricing will be a priority in 2020
James Dalton, director of general insurance policy at the Association of British Insurers, reveals what the trade body will be focusing on next year and why.
Pukka no longer writing new business with Gefion
Pukka Insure stopped writing new business with Gefion in July, replacing it with two A-rated carriers.
Danish regulator demands action as it identifies ‘serious liquidity problems’ at Gefion
Unrated Danish insurer Gefion Insurance must have liquid assets of at least €5m by the end of the year amid fears by the regulator that the company has “serious liquidity problems.”
Searchlight trained on GRP as broker eyes PE deal
Global Risk Partners is in discussion with three private equity firms including Searchlight Capital Partners about taking a majority holding in the consolidator, Post can reveal.
ICO procedural errors in handling Eldon/Leave EU investigation exposed
The Information Commissioner’s Office will be hoping that procedural bungles do not jeopardise its proposed audit and fines of Eldon Insurance and Leave EU, after its legal counsel was forced to admit standards had fallen “well below” expectations, Post…
Eldon and Leave EU take a ‘two-faced’ and ‘cavalier’ approach to compliance: ICO
Arron Banks’ group of companies take a “two-faced approach” to regulation and the Information Commissioner’s Office should be allowed to maintain its fines and audit against Leave EU and Eldon, a tribunal heard.
Rising Star: Shaun Towner, MPW Insurance Brokers
After completing two CII qualifications in quick succession, Shaun Towner has already risen through the ranks to the position of account executive
ICO fines and enforcement action ‘significant and novel extension’ of regulatory powers: Eldon and Leave EU
Eldon Insurance and Leave EU fines totalling £105,000 and a data audit against the broker levelled by the Information Commissioner’s Office are “divorced from reality,” a tribunal heard yesterday.
Eldon sold 788 insurance policies through Leave EU marketing emails
Eldon Insurance brand Go Skippy sold 788 policies via Leave EU marketing emails, which were later branded as contravening regulation by the Information Commissioner’s Office.
Blog: Aviva, ERS, ? … What Amanda Blanc did next
Her appointment as a NED of Aviva triggered one former colleague to boast 'It’s coming home, it’s coming home, insurance is coming home'. Jonathan Swift reflects on what lies ahead for Amanda Blanc here, at ERS and where she might pop up next.
MGA Mole: Why is client 'confidentiality' a dirty word?
Post has enlisted a managing general agent industry mole to lift the lid on what the sector is really like. In the first of this new series, our anonymous commentator asks why the industry isn't more careful with customers' information and warns that -…
Liiba to roll out broker placing committee in new year
The London and International Insurance Brokers’ Association will launch a broker placing committee next year to replace its broker placing and electronic development committee and its PPL broker panel which will be wound up at the end of 2019.
PIB buys credit insurance specialist CMR Insurance Services
PIB has bought credit insurance specialist CMR Insurance Services and health and safety consultancy firm Sue Smith.
Aston Lark buys again in Ireland
Aston Lark has bought Wright Insurance Brokers in Ireland, its second deal in the country having snapped up Dublin-based Robertson Low this January.
Roundtable: A customer-centric approach to the digital future
On the back of research into the shape of the future delivery of personal lines, Post held a roundtable, in association with EXL, with experts to investigate how ready organisations are to meet customer expectations as demand for cover evolves in the…
Gilchrist Standard unveils broker rating platform
Start-up firm Gilchrist Standard has rolled out a ratings service grading brokers A, B or C.
Blog: If the market is serious about stamping out harassment it cannot reward bad behaviour
For a market suffering from serious reputation issues when will insurance learn it must start making serious changes?
Analysis: We Work and Softbank saga could push insurtechs and insurers to partner up
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
Insurtech Wrisk launches 'new type of insurance' with BMW for Mini drivers
Insurtech Wrisk has unveiled the first fruits of its tie up with BMW Financial Services Group and Allianz Automotive by offering all new UK Mini owners three months free insurance underwritten by LV Broker.
Insurers warned to take action to reduce exposure to cyber risk
The insurance sector must take action to reduce exposure to cyber risk and ensure it is future-proofed, according to research.