Broker
C-suite: With our help, SMEs can flourish
The industry can give SMEs a further boost as the economy recovers and they gain new access to capital.
Towergate tipped to escape with FCA ticking off after misallocation of £15m
Auditor KPMG could find itself in the firing line for failing to spot error.
New Markerstudy bid for Brightside expected as Holman joins insurer
Markerstudy not expected to increase bid that was previously labelled ‘strange’.
Industry wish list asks government to include insurance in education
ABI, Biba and Lloyd’s in talks with government over fuelling growth in market.
Editor's comment: The benefits of owning up
It is not unusual for the average person to have a personal bank account, a credit card account and a savings account.
Towergate acquisition of Footman James complete
Aon Risk Solutions has completed the sale of niche motor broker Footman James to Towergate.
Southern Rock poaches five senior staff from Brightside
Southern Rock has capitalised on the uncertainty at Brightside by swooping for for five senior staff members in the last three months, Post can reveal.
KPMG audited Towergate throughout client money failures
Big four professional services firm KPMG served as Towergate’s external auditor during a four year spell in which the broker misallocated £15m.
Penny Black's Insurance Week - 5 December 2013
Penny has discovered Brightside finance director Paul Chase-Gardener’s hidden talent – the ability to predict the very near future.
Ex-pilot Matcham promoted to head of aviation at Alan & Thomas
Alan & Thomas Insurance Group has appointed Peter Matcham as head of aviation insurance at the Dorset-based firm.
Aon Benfield subsidiary launches flood cat model in Netherlands
Aon Benfield’s catastrophe modelling centre has launched a model to understand the financial impact of flood damage in the Netherlands for property and motor.
Markerstudy 'still has an interest in Brightside' says Holman
Markerstudy still has "an interest in the well-being of Brightside” according to the broker’s outgoing chief executive Martyn Holman.
Ten Insurance to go live on Acturis platform
Ten Insurance Services is set to go live on the Acturis system at the beginning of January 2014.
Simply Business survey points to lack of consumer understanding
Consumers believe UK insurers and brokers are stuck in the twentieth century, according to research carried out by Simply Business.
FCA will push for brokers to have ‘house in order’, UKGI predicts
Compliance consultancy UKGI predicts 2014 will see the conduct regulator pressuring the broking community to “put its house in order” before insisting on fresh regulations.
Howden snaps up Lycetts' Aitken to run private client division
Howden Insurance Brokers has launched a private client division and has recruited Simon Aitken from Lycetts Insurance Brokers as managing director of the new operation.
Hodges plays down client money problems at Towergate
Towergate chief executive Mark Hodges has said that client money failings, which saw the broker misallocate £15m of client and insurer funds over four years, will have little impact on the business.
Towergate YTD earnings dip 3% as network earnings half
Operating earnings at Towergate have tumbled 3% for the first three quarters of the year, dipping from £120m to £116m.
Watson is third directorship change at Towergate
Towergate has denied that James Watson has resigned a directorship at Paymentshield despite papers filed with Companies House appearing to show the contrary.
Towergate among larger brokers targeted by Brightside for Holman replacement
Interim chief executive Paul Chase-Gardener says it was always Brightside’s intention to recruit a new chief executive from a larger rival.
Brightside boss Holman moves to Markerstudy
Markerstudy has recruited Brightside chief executive Martyn Holman to serve as its group commercial director from January.
Gallagher's UK network Compass signs up a dozen members
Arthur J Gallagher's UK networks division Compass Broker Services has unveiled 12 new members controlling a total gross written premium of £24m.
JLT acquires South African broker Eluleka
Jardine Lloyd Thompson Group has acquired South African employee benefits and healthcare broker and consultant Eluleka Consulting.
Biba lobbies government for nationwide broker apprenticeship programme
The British Insurance Brokers’ Association is calling for the government to set up a nationwide apprenticeship programme to recruit and retain people in the broking sector.