Broker
CBG reacts to drop in profits with rebrand
CBG is to undergo a “total rebrand” and change of chairman after posting a reduced profit for 2009. The Manchester-based broking group saw adjusted pre-tax profits halve to £1.02m (2008: £2.46m) while revenue fell to £8.96m in 2009 (2008: £11.15m).
Roundtable - Pro-active Claims Management - Setting out the crucial aims for claims
Many insurers now view claims management as a way to differentiate their service from that of their peers. Leigh Jackson reports on how a panel of experts see this as a crucial way to retain customers and win business.
Editor's comment: The managerial merry-go-round spins again
Last week's announcement from Giles of another senior departure would appear to the casual observer to be the latest in what seems a regular rolling cast change at the private equity-backed broker.
BGL targets new insurer partners
Junction is to target home and motor insurers keen on going direct by providing them with additional distribution capabilities, according to managing director Peter Thompson.
Oval appoints Rothschild to consider future options
Oval has made Gloucester-based broker JL Fisher & Co its first acquisition of 2010, adding it would also consider a "transformational deal" to take it past its £200m target.
MMA to open three new branches as others downsize
MMA has outlined "phase two" of its commercial roll out with the establishment of three new regional trading centres.
Towergate beats £1m charity barrier again
Towergate has raised more than £1m for charitable causes for the second consecutive year.
Sporting events - Terrorist Threat: Sports under scrutiny
With large sporting events such as the Commonwealth Games and the World Cup attracting the threat of terrorist activity in 2010, Edward Murray looks at the concerns insurers have.
Get to know your biba representatives
With eight weeks to go before the start of the British Insurance Brokers' Association conference, Post has decided to shine a light on some of the perhaps lesser-known staff at the trade body. This week, we talk to Kirsty Wingrove, Biba membership co…
Budget 2010: Broker IPT burden significantly reduced
Broker trade bodies the British Insurance Brokers’ Association and the Institute of Insurance Brokers have both expressed their satisfaction following the publication in today’s Budget of the final legislation extending the scope of insurance premium tax.
Budget 2010: LCCI: Budget a “mixed blessing” for City businesses
The London Chamber of Commerce and Industry has claimed that the 2010 Budget is a “mixed blessing” for businesses in the capital.
Budget 2010: Darling to “double” entrepreneurs CGT relief
Chancellor Alistair Darling has revealed that the government will double entrepreneurs relief for capital gains tax.
Willis to make redundancies to trim costs - sources
According to Reinsurance sources, Willis has already begun to make cuts in its casualty unit with more expected across the board
Oval swoops for South-west broker
Oval has acquired Gloucester based insurance broker J L Fisher
Aon claims market leading position with deal
Aon has acquired the local German broker Versicherungsmakler which specializes in placing insurance for environmental projects.
Aon claims market leading position with deal
Aon has acquired the local German broker Versicherungsmakler which specializes in placing insurance for environmental projects.
Start-up broker NMJ partners with Open GI
The new branch-based broking network established by former Equity Insurance Group Directors has signed up to the Open GI platform for a minimum of four years.
One Answer Network teams up with Selfnet
One Answer Network has teamed up with Selfnet to offer its members a Selfsure product designed to simplify the insurance buying process for both brokers and customers.
CBG chair steps down as revenue and profits dip
Broking group CBG Group saw revenue drop to £8.96m (2008: £11.15m) with adjusted pre-tax profits also falling from £2.25m to £1.026m.
RG Ford acquires Abba
Chelmsford-based RG Ford Insurance Brokers has completed the first of the five acquisitions it hopes to make in 2010.
Towergate shuffles senior management
Towergate Partnership has appointed Jonathan Walker as managing director of the retail division and Mike Newman as its new chief information officer in a management shake-up at the firm.
IFB and MIB join forces to tackle fraud
The Insurance Fraud Bureau has entered into an agreement with the Motor Insurers’ Bureau for support services following a consultations between the two boards.
Junction targets personal lines insurers in drive for new partnerships
Junction is targeting motor and home insurers as part of a drive for new partners in the insurance sector.
Guy Carpenter appoints vice chairman
Guy Carpenter has promoted Victoria Carter to vice chairman of Guy Carpenter International.