Broker
Treasury delays transposition of IDD into national law
The Treasury has paused the implementation of the Insurance Distribution Directive, earning praise from insurers.
GRP acquires majority stake in Camberford Law
Global Risk Partners has acquired a majority stake in Bromley-based specialist MGA, Camberford Law.
Marsh and McLennan see revenue up 6% at full year
Marsh and McLennan Companies has reported a 6% boost in full year revenue.
London market makes ‘significant step’ with new claims model
The London market has launched a claims model to simplify how claims are handled in an effort to improve client service and streamline claims agreement across the market.
Towergate Underwriting rebrands as Geo Underwriting
Towergate Underwriting has restructured and rebranded to become Geo Underwriting.
Liiba chair calls for contract continuity post-Brexit
Contract continuity and cross-border market access will be essential post-Brexit, the London & International Insurance Brokers' Association chair said in a speech in Europe.
Andrew Bailey and Canadian Astronaut confirmed to speak at Biba conference 2018
Andrew Bailey, CEO of the Financial Conduct Authority and Canadian astronaut Chris Hadfield are among the speakers confirmed for the British Insurance Brokers' Association's 2018 conference.
FSB launches broker venture following departure from Towergate deal
The Federation of Small Businesses is launching its own broker following the termination of its affinity deal with Towergate.
Marsh's Lei Yu on the right cover in the age of product recalls and class actions
While the US has led the consumer rights crusade against defective products, other countries are becoming increasingly protective, writes Lei Yu, managing director, Marsh Hong Kong and Macau.
Allianz to make up to 80 further redundancies in claims restructure
Allianz is placing a further 80 jobs at risk of redundancy amid a restructure of its claims operation.
LV prepares to overcome ‘challenges’ with re-entry to home market
LV has acknowledged it faces “challenges” in making profitable the home portfolio it acquired as a result of the Allianz personal lines merger.
Pre-tax profits jump 40% at Aston Scott Group
Aston Scott Group saw a 40% increase in pre-tax profit to £1.9m to the year ending 30 June 2017.
London market training goes international
The Lloyd's Market Association will begin offering a range of technical programmes and courses internationally.
Interview: ABC Investors - Bunker, Cassidy, Castle, Horton and O’Roarke
With their restrictive covenants expiring at the end of 2017, the former LV general insurance management are now free to re-enter the market. Jonathan Swift speaks to the quintet about their new consortium ABC Investors, digital innovation and what it…
Brokers unprepared for IDD, research suggests
Two thirds of brokers have little or no knowledge of the Insurance Distribution Directive.
Former Aviva director develops broker customer data sharing platform
Broker Insights has developed a platform which uses broker customer data to help insurers identify business opportunities.
Romero Group sees 14% Ebitda growth for 2016/17
Leeds-based Romero Group saw adjusted Ebitda increase 14% to £2.7m in the year to 30 April 2017.
Former AIG UK boss Jacqueline McNamee returns with insurtech MGA
Jacqueline McNamee, former managing director of AIG in the UK, is to return to the market fronting a new Insurtech start-up.
CII consulting on new corporate chartered title
The Chartered Insurance Institute is considering introducing a new chartered designation to reflect the current shape of the insurance market.
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.