Broker
Brightside hires Markerstudy retail boss Russell Bence
Brightside Group has appointed Russell Bence as its managing director of volume lines.
Cooper Gay hires former Brightside CEO
Reinsurance broker Cooper Gay Swett & Crawford has poached Andy Wallin, former group CEO of Brightside.
Two brokers lose permission to carry out regulated activities under FCA
Brokers David Michael Sayer and Lester Evans have lost their Part 4A permission to undertake regulated activities under the Financial Conduct Authority after failing to pay overdue balances.
C-Suite Broker: Brightside's Mark Cliff on the trend for insurers to move to brokers
The last car I bought was a large 4x4. As I drove it around I noticed plenty of other people driving the same model of car on the road - these cars seemed to be everywhere.
Reinsurance broker hires two JLT execs for marine and energy
Capsicum Re has appointed Alistair Lockhart-Smith and Jerry Reeves to its marine and energy specialty business, as a managing partner and partner respectively.
Hearn takes over helm of CGNMB following Newman’s retirement
Steve Hearn has been appointed CEO of CGNMB following Gordon Newman’s retirement from the Lloyd's broker.
Fourth company acquired by Bluefin in 2016
Bluefin Insurance has announced its fourth acquisition for the year, with Liverpool-based Exchange Insurance Services the broker’s latest purchase.
FCA SME claims review “sharpened” focus, but was not a major factor in industry response during 2015/16 floods
The insurance industry’s response to the winter flood in terms of SME commercial claims would have been hailed a success, even without the Financial Conduct Authority’s 2015 thematic review into this area.
Cooper Gay CEO Gordon Newman to step down
Cooper Gay CEO Gordon Newman will retire from the role and be replaced by group CEO Steve Hearn.
Allianz UK direct home and motor exit a ‘good sign’ for brokers
Allianz UK’s proposed withdrawal from the direct home and motor markets was welcomed by brokers as it will go towards reducing competition in an overcrowded market.
Biba, IBSC join forces to create standards committee
The British Insurance Brokers’ Association and the Insurance Brokers’ Standards Council have formed a standards committee to create a single code of conduct for insurance brokers.
XL Catlin appoints head of insurance strategic client and broker management
XL Catlin has named Philippe Gouraud as its head of strategic client and broker management for its insurance division.
C-Suite Broker: Jelf's Phil Barton on the prospects for networks
Some industry commentators are predicting the death of the network - others see them only growing in stature. Why is opinion so divided?
Europe: Join the caravan
Caravans and motorhomes are increasingly popular and many vacationers are choosing to take them to Europe. What insurance challenges does this pose?
Markel reduces number of operating divisions
Markel International has reduced the number of its operating divisions from seven to three, with the changes effective from 1 May.
Romero targets £4m in premiums for Nottingham office
Romero Insurance Brokers will aim to place around £4m in premiums in the first year of operation from its new Nottingham branch.
British Insurance Awards: The 2016 shortlist
Have you made the cut as a potential headliner? Well the wait is over - as today we reveal those companies that made it onto the British Insurance Awards 2016 shortlist.
Gallagher swoops for two US retail brokers
Arthur J Gallagher has acquired two US retail insurance brokers in deals that closely follow it agreeing an $800m unsecured credit facility earmarked for acquisitions.
UK insurtech start-up Guevara to follow US P2P provider Lemonade and launch licensed insurer
One of the investors behind insurtech start-up Guevara has warned others they will need "a lot of patience” to bear fruit in the insurance market.
Simply Business indicates growth appetite after Aquiline purchase
SME broker Simply Business is expecting a "suite of investments" following its purchase by Aquiline Capital Partners, as CEO Jason Stockwood said the two companies have a shared ambition.
C-Suite Broker: Marsh's Charles Beresford-Davies on the importance of communication around the Insurance Act
With the implementation of the Insurance Act imminent, insureds are already attempting to seize the opportunity to gain the benefits
Gallagher earmarks $800m facility for acquisitions
US-headquartered Arthur J Gallagher has entered into a five-year $800m (£561m) unsecured credit facility with a group of banks pegged for acquisitions.
Howden's Rootham to leave the business in June
Howden UK retail division boss Stuart Rootham is to leave the broker at the end of June.
Simply Business sold by Anacap to ERS-owner Aquiline
Private equity firm Anacap has sold SME broker Simply Business to Aquiline Capital Partners, generating a return of 4.5-times its original investment in 2013.