Broker
GRP acquires Country & Commercial Insurance Brokers
Global Risk Partners has acquired a majority interest in agricultural brokerage Country & Commercial Insurance Brokers.
Brexit has led to a drop in overseas business: PWC
Confidence in the market among general UK insurers dropped last year with Brexit set to impact business volumes, according to a survey.
Gallagher's "M&A pipeline is full" after 2017 growth
International broking giant Arthur J Gallagher will continue to acquire in 2018.
One Call ‘regrets’ mishandling of client money
One Call said it has rectified the client money errors that led to more than £1m in fines from the Financial Conduct Authority.
One Call slapped with huge fines by FCA
One Call and its CEO John Radford have been slapped with fines totalling more than £1m by the Financial Conduct Authority.
Cyber MGA Ascent Underwriting acquired by Preservation Capital Partners
Preservation Capital Partners has acquired cyber and specialty lines managing general agent Ascent Underwriting.
Composite Legal Expenses acquires business and assets of General Protection Limited
Composite Legal Expenses has acquired the business and assets of York-based firm General Protection Limited.
Das develops Alexa skill to provide assistance with legal issues
Legal expenses insurer Das Group has launched an Alexa 'skill' for the Amazon Echo Amazon’s virtual personal assistant.
GPI launches legal claim to recover £1m from Lloyd’s broker
Exclusive: An insurer has launched a legal petition to wind-up a Lloyd’s broker, over an unpaid claim of almost £1m.
Treasury MP promises engagement with brokers over regulation
Nicky Morgan, the chair of the Treasury Select Committee, said she looks forward to engaging with brokers over the “important issue” of lost productivity and regulation.
Gallagher employee jailed over £500,000 fraud
A claims manager who defrauded his employer, Arthur J Gallagher, out of more than half a million pounds, has been jailed.
Ardonagh sells remaining Broker Network stake for up to £30m
Nevada Investment Holdings has purchased the remaining 19.9% of Broker Network from Ardonagh Group.
Mobile app Honcho takes aim at price comparison websites
A mobile app is aiming to compete with price comparison websites by creating a ‘reverse auction’ market place for car insurance after raising £850k in investment.
Week in Post: Carillion collapse and the executive merry-go-round
It was oddly coincidental that it was Blue Monday, the most depressing day of the year, when Carillion collapsed – placing 20,000 jobs at risk.
Steve Beslity to retire as chairman of Aon Global Marine
Steve Beslity, chairman of global marine at Aon Risk Solutions, is to retire by mid-2018.
Brexit and PPL top of the agenda for Liiba
The London and International Insurance Brokers’ Association is to focus on getting brokers signed up to electronic trading platform Placing Platform Limited over 2018.
Thomas Miller buys Brookes Bell Group
Thomas Miller has acquired specialist marine and energy consultancy Brookes Bell Group for an undisclosed sum.
Esure boss Stuart Vann steps down with immediate effect
Esure CEO Stuart Vann has stepped down with immediate effect.
Integra Insurance Solutions to consult over 17 redundancies
Exclusive: Integra Insurance Solutions is consulting over making 17 staff redundant as it looks to streamline its operations.
Some insurtech investment doesn't make sense, conference hears
Some investment criteria into insurtech start-ups “don’t make sense over time”, said Neil Harrison, global head of claims at Aon Risk Solutions, warning against “innovation that is going to cause dissatisfaction”.
Marsh threatens to ‘squash’ insurtech Marshmallow over use of name
Insurtech start-up Marshmallow faces a legal challenge from broker Marsh over the use of its name.
Aston Scott and Lark to rebrand as Aston Lark
Aston Scott and Lark Group will rebrand as Aston Lark in July.
Erskine Murray completes second acquisition in six months
Erskine Murray has acquired Essex-based Asciak Holdaway Merrit, a professional indemnity specialist broker.
Q&A: Nigel Edwards, EXL
Nigel Edwards, senior vice-president and head of Europe at EXL Services, spoke to Jonathan Swift about the incoming General Data Protection Regulation and its impact on insurers.