Broker
BMS sells £30m minority stake to PE investor
BMS Associates has sold a £30m ($50.7m) minority stake to private equity investor Capital Z in a bid to support expansion of both Lloyd's broker BMS and underwriting agency Pioneer.
Rivals set to swoop for Broker Network members as hunt for new CEO begins
Network-jumping between rivals tipped to increase as competition hots up
Homeserve UK profits half in three years
Homeserve has seen its UK profits slump to £53.4m, just over half of its equivalent figure of £104.3m in 2011.
Fall in general insurance complaints to FOS linked to FCA investigations
Motor remains most-complained-about class of business
C-Suite - Insurer: Brokers adapting and surviving
The broker channel is coping comparatively well in the tricky personal lines marketplace
Interview: Mark Cliff: Moving on up
Ageas broking boss Mark Cliff tells Post how he plans to use growth, simplification and people power to propel the firm into the top three UK personal lines intermediaries
BIA Countdown: Marketing moguls reflect on 20 years of the BIAs
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to the major insurers who have experienced wins in the marketing category over the years, asking them how the industry has changed since the first BIAs.
Penny Black's Insurance Week - 22/29 May 2014
Penny loves a jaunt, so gleefully dusted off her carriage and headed to Manchester last week for the Biba conference.
Market Moves - 22/29 May 2014
All the latest job moves in the insurance market
Bonuses to be annualised at Broker Network amid restructure
Broker Network will make bonuses an annual arrangement following the implementation of a new bonus structure alongside broader changes to its sales and business development function.
RSA sells Canadian broker to AJ Gallagher
RSA has sold its Canadian broker Noraxis Capital to AJ Gallagher for C$500m (£273m).
Blanc pleads for 'pause' in Gallagher's UK buying spree
Arthur J Gallagher's UK retail head Peter Blanc has asked for a “pause” in the broker’s buying spree to allow time for the current businesses to be properly integrated.
Brokerbility unveils Academy website
Independent broker group Brokerbility has today launched the website for its academy, providing help for prospective applicants to the group’s training scheme.
Gallagher restructures retail division
Arthur J Gallagher has restructured its UK retail division with chief executive Peter Blanc signalling the completion of the broker's regional retail broking platform.
Willis weighing 200 UK jobs for relocation or redundancy
Broking giant Willis is planning to either axe or relocate as many as 200 UK roles, with potential destinations including a lower cost location in Ipswich.
Pricing and claims service key for commercial clients Ace survey finds
Competitive pricing, breadth of cover and a high quality claims service were identified as what commercial clients want from insurers, an Ace survey has found.
BIBA Fever episode 4: Pills, thrills and headaches
It is the second day of the British Insurance Brokers’ Association conference in Manchester and there were some sore heads today as delegates assembled this morning to reflect on a night out in the city.
Biba 2014: Deregulated insurance industry would be stronger, says Davis
The insurance industry would benefit from significant deregulation, former shadow home secretary David Davis MP has claimed.
Biba 2014: Axa approves second phase of transparency project
The second pilot phase of Axa's project to increase transparency in the claims process has been given the green light, with around 100 brokers set to take part.
Bluefin unveils group personal accident and travel insurance cover
Axa-owned broker Bluefin has unveiled a new personal accident and travel policy for small and medium sized businesses.
Giles parent records £72.5m Gallagher takeover charge
Giles parent Expectrum has taken a £72.5m charge on its sale to Arthur J Gallagher last year, according to recent accounts.
BIBA Fever episode 3: Mad for it in Manchester
The wait is finally over and the British Insurance Brokers’ Association conference in Manchester opened today for business.
Duggan seeking internal candidate to take over his Broker Network role
Broker Network has prioritised recruiting an internal candidate as Gary Duggan’s successor as chief executive and will begin its search next week.
Invicta acquiring A&A commercial and property owner portfolio
Kent-based Invicta Insurance Services is to buy a portfolio of select commercial and property owner policies from The A&A Group.