Broker
Ardonagh backers complete Compass acquisition
MDS and HPS Investment Partners have completed the acquisition of Compass Broker Holdings following approval from the Financial Conduct Authority.
Broker leaves SSP for Open GI
Islands Insurance Group has left SSP for rival provider Open GI, after a fresh round of outages at the software platform.
PIB capture sees GWP rise to half a billion
PIB Group has acquired commercial broker Wilby, the group’s 14th acquisition in 21 months.
Insurers still failing to meet FCA renewal rules
The Financial Conduct Authority has warned it will take action against general insurers who fail to implement rules introduced to encourage shopping around at renewal time.
Brokers informed Q&A: Chubb's Karen Strong and Dan Atkinson
Chubb’s Karen Strong and Dan Atkinson talk to Jonathan Swift about why Chubb reviewed its real estate offering and how it intends to take this to the ‘next level’ with hires and delivering a ‘complete solution’ to clients
Brokers informed: W&I for bricks and mortar
Warranty and indemnity insurance has seen significant growth in the real estate sector over the last few years. And, with the cover offering significant advantages to those involved in real estate deals, many expect it to become a standard part of any…
This week in Post: Caution, doubt and selling out
This week in Post, there was news of sales, incompetence and unprecedented losses.
Magenta takes minority stake in Eaton Gate
SME growth investor Magenta Partners has taken a minority stake in Eaton Gate Holdings and Vigilis Holdings, collectively known as EGV.
Integro snaps up Lloyd’s broker Tysers
Private equity-backed broker Integro has acquired specialist Lloyd’s broker Tysers.
Blog: What the Oak acquisition means for RSA, Zurich and the wider market
Jonathan Swift looks at whether RSA selling Oak Underwriting to Zurich is going to trigger a bolt-on bonanza - and if it really equates to Manchester United selling Carlos Tevez to Manchester City
LV to remain ‘vigilant’ on home business ahead of Allianz deal
LV will take a cautious approach to the home market following the acquisition of Allianz’s personal lines portfolio.
Aviva's Phil Bayles reveals plans for UK GI growth
Aviva started the year in its healthiest shape in recent memory, shaking off the impact of the Ogden rate reform to return to profit.
CBL-owned broker struggling to get approval in France
SFS France, which is owned by CBL, is having difficulties getting approval from Orias, the French association registering and approving brokers.
Seeking the ultimate 'flying Uber car' is unrealistic, Equipsme boss warns insurtech investors
Exclusive: Private equity providers need to have realistic expectations when investing in insurtech start-ups, because they are unlikely to find the next “flying Uber car”.
Over half of Lloyd’s MGAs have under resourced teams
The majority of Lloyd’s managing agents are struggling with a lack of resources in their delegated authority teams.
Marsh's White replaces Agnew as LIIBA chair
Roy White, chairman of UK specialties at Marsh, has been named as chair of the London and International Insurance Brokers’ Association.
Analysis: Passing up on passporting
What next after the UK ruled out maintaining passporting within the European Union?
Hiscox's Masojada named PPL chair
Hiscox CEO Bronek Masojada has been named chair of the London market’s electronic placing platform, Placing Platform Limited.
Gosden retires as Higos chairman two months into role
Ian Gosden is to retire as chairman of Higos two months into the role and step down from the business on Friday.
Lloyd’s confirms electronic placement mandate
Members of the Lloyd’s market must process 30% of risks electronically by the end of the year, following a mandate from the Lloyd’s Board and Council.
Biba signs deal to gain post-Brexit EU access
UK brokers will be granted an introduction to European brokers in order to continue to write business across the Channel, under a deal announced by the British Insurance Brokers’ Association.
Aston Lark’s Peter Blanc on the M&A courtship
For a merger or acquisition to work, both sides need to get to know each other and have a post-deal plan, explains Peter Blanc, CEO of Aston Lark.
Blog: How brokers can convince schools to buy cyber coverage
With less than one in three UK schools covered by cyber insurance, Faith Parish, education director at Ecclesiastical, explains how brokers can encourage take-up.
Broker Network makes fifth ‘powerhouse’ acquisition
Broker Network has bought a West Sussex commercial broker with turnover of £2.9m.