Broker
Hyperion hires CFO to replace Oliver Corbett
Hyperion has hired Richard Houghton as chief financial officer, replacing Oliver Corbett.
Ed unveils CEO Hearn’s replacement and plots Bermuda office
Andrew Draycott will take on the role of Ed Broking CEO once its acquisition by Besso owner BGC Partners is complete, while the specialty, wholesale and reinsurance broker has also revealed plans to open a Bermuda office.
Gallagher acquires South West commercial broker
Gallagher has acquired Devon-based commercial insurance broker Pavey Group, in its fourth acquisition of the year.
Brightside winds up lawsuits under Brendan McCafferty
Brightside had been battling for payouts from two legal claims, but is no longer engaged in any litigation under CEO Brendan McCafferty.
Blog: Why it’s time for standardised cyber policy terms
Cyber attacks are on the rise and as brokers and risk managers urge insurers to make policies clearer Cyber Decider CEO Neil Hare Brown explains where definitions need simplifying.
Jacqueline Legrand steps down as Brokerslink CEO after less than a year
Brokerslink CEO Jacqueline Legrand has resigned from her post, effective immediately.
GRP to add two more regional ‘hubs’ next year
GRP is on the hunt for two more large regional brokers to act as hubs in Essex and the Midlands, respectively.
Finch Group snaps up Southampton-based broker
Broker Network partner Finch Group has bought Specialist Insurance Agency.
Brightside hiring COO with departure of David Sweeney
Brightside is hiring a chief operating officer now that managing director of insurance David Sweeney has left the Bristol-based broker.
Gallagher opens new Eastern regional office
Gallagher has opened a new office in Ipswich, bringing together teams from its existing branch in the city and the team from its now-closed Feering branch.
Blog: Why you should get involved with The Claims Apprentice in 2019
From automation to digitalization; from controlling claims inflation to the legal framework for driverless cars, it could be argued that working in claims has never been scarier – but more exciting.
Government-funded training scheme set for 2019 launch
Wiser Academy, a training provider started by personal lines broker Be Wiser Insurance, plans to launch a new co-funded training programme for the insurance sector.
Analysis: The Arron Banks show
No stranger to controversy, Arron Banks is back in the news and under the spotlight with allegations and appeals
This week in Post: Another unrated insurer bites the dust
Hooking the headlines this week, Danish unrated insurer Qudos was placed in liquidation by its owner.
Ardonagh slices losses by almost half for first nine months of 2018
The Ardonagh Group cut down on its losses for the first nine months of the year, down to £48.9m compared to £92.7m in 2017.
Analysis: Making mining work
The mining industry is facing a shrinking pool of project managers but improved project management software, what impact is this having on the industry and its insurers?
Stackhouse Poland acquires HNW broker
Stackhouse Poland has acquired Hampshire-based high net worth private client broker, Symmetry Private Insurance.
Broker in liquidation Larksway has FCA authorisation pulled
Broker Larksway, which is currently in liquidation, has had its Financial Conduct Authority authorisation removed after the regulator alleged it failed to comply with a Financial Ombudsman Service ruling.
Telematics Watch: The state of play for 2019
Post has teamed up with telematics broking specialist Igo4 for a new quarterly series looking at the growth and trends in this the sector. To kick things off its CEO Matt Munro looks at who is buying these policies and where they live.
Brexit stockpilers face 'huge risk of underinsurance'
Exclusive: Businesses that stockpile goods in preparation for potential Brexit-related disruptions are leaving themselves at risk of being underinsured, brokers have warned.
Sure Thing grows policy count as losses hold steady
Broker Sure Thing has grown its policy count by 12.8%, while making an operating loss of £1.9m in its fourth year of trading.
Digital and Insurtech Awards 2018: Full list of winners
Aviva was declared the Digital Insurer of the Year at the 2018 Digital and Insurtech Awards on Friday 23 November.
Arron Banks’ BBC appearance generated 'thousands' of complaints
Exclusive: BBC data has shown that Arron Banks’ appearance on the Andrew Marr show received 521 complaints during or after transmission, but “thousands” more complained before it was aired according to Newswatch.
Analysis: Review of 2018
The spectre of Brexit loomed large over the insurance sector this year, and although the picture is still no clearer in terms of how the UK market will continue to trade with Europe after 29 March 2019, significant merger & acquisition activity was among…