Broker
Marsh tipped to lead Towergate bidding
Some of the UK’s largest brokers have been floated as potential bidders for Towergate, with Marsh favourite among some observers.
Martinez and Partners to enter professional indemnity market
Basingstoke-based broker Martinez and Partners is to launch stand-alone professional indemnity products for architects, surveyors and accountants in 2015.
Towergate 'gearing up' for Q1 sale conclusion as consultation count reaches 1000
Towergate’s executive chairman Alastair Lyons is hoping to conclude talks over a potential sale in the first months of 2015, after the broker confirmed it had received multiple bids for the business earlier today.
Towergate confirms approaches to buy firm
Towergate has appointed Evercore and Rothschild as joint advisers ahead of a possible sale after receiving approaches from parties interested in acquiring the group.
Flexible commissions look set for FCA scrutiny over conflicts of interest
Compliance specialists say regulator is ‘incredibly interested’ in the practice
CGSC announces rebrand ahead of 50th trading year
Cooper Gay Swett & Crawford has renamed its London market brokerage business as CGNMB, a single brand that combines Lloyd's brokers Cooper Gay & Company and Newman Martin and Buchan.
Howden turns attention to UK market with Powell Bateson acquisition
Howden Broking Group has moved to expand its UK regional footprint with the acquisition of commercial broker and risk management consultancy Powell Bateson.
Regional Review: Glasgow
Glasgow’s reputation as a vibrant, people-orientated city is reflected in its dynamic general insurance market in which over-capacity and a high number of resident brokers have not deterred new players from pouring in. Even hardened insurance…
Legal Update: The countdown to change
Alex Traill explores the ramifications of the incoming Insurance Bill for brokers
Market Moves - 20 November 2014
All the latest job moves in the insurance market.
Ten Insurance completes ownership model switch
Independent broker network Ten Insurance has completed its switch to an employee-ownership trust business model.
Aon approves £3.2bn share repurchase programme
Aon's board of directors has approved a $5bn (£3.2bn) share repurchase programme.
Financial crime risk management no longer 'tick box' exercise says EY
Small commercial brokers face an uphill struggle to ensure they are meeting the the Financial Conduct Authority's expectations on financial crime risk management, according to EY.
New broker Shepherd Compello launches in London Market
EPG Insurance Services has launched a new Lloyd’s broking arm Shepherd Compello.
FCA slams SME commercial brokers for narrow bribery risk control
The Financial Conduct Authority has accused small commercial insurance intermediaries of failing to manage bribery and corruption risk effectively.
AIG to re-align distribution function in Scotland and Northern Ireland
AIG has named casualty business boss Ross McLeod as head of its new Glasgow office amid the re-alignment of its distribution function in Scotland and Northern Ireland.
Howden snaps up Brazilian broker from Hub
Howden Broking Group has acquired Brazilian broker Harmonia Corretora de Seguros from Hub International.
Marsh claims executive Croll joins Cunningham Lindsey
Cunningham Lindsey has hired Marsh claims executive Brian Croll as a customer service consultant based in Glasgow.
Miller launches membership and affinity cover after hiring International SOS trio
Independent broker Miller is has launched insurance for membership and affinity schemes following the launch of a dedicated offering driven by three senior hires.
AIG's Aubert appointed Willis UK CEO designate
Willis has appointed AIG EMEA chief operating officer Nicolas Aubert as CEO designate of its UK insurance business.
Creditors of liquidated broker EPLS owed more than £500,000
Blocked London insurance broker EPLS Risk Solutions is in more than £500,000 of debt to creditors, according to its liquidators.
Axa unveils big data tool for brokers targeting commercial business
Brokers are expected to be able to provide a more bespoke offering to clients following the launch of a big data tool by Axa that pools company information from public sources.
Swinton unlikely to be last broker to face add-ons penalties
The sales practices that saw three former Swinton executives fined and banned remain widespread and the broker is unlikely to be the last to face sanctions, according to compliance specialists.
Fusion looks to Aviva for Glasgow-based underwriting hire
Fusion has appointed Richard Daubney as Scotland and Northern Ireland regional underwriting manager as it announces a move to larger premises in Glasgow.