Broker
Bluefin M&A pipeline strong with two 2015 purchases yet to be announced
Bluefin has completed two further acquisitions in 2015 that it is yet to formerly announce, in addition to the purchase of Bennett Fozzard in May.
Bluefin creates merged retail broking division in business restructure
Bluefin has merged its commercial and corporate divisions to create one national retail broking division, the company announced today.
Calera Capital completes purchase of RFIB majority stake
Calera Capital has closed its deal to acquire a majority stake in RFIB Holdings following the completion of all shareholder and regulatory approvals.
Blog: Product ratings gaining momentum as an alternative to claims ratios
In my last blog for Post, I pitched the idea of product ratings as an alternative to claims ratios. I am delighted to say that the debate has moved on significantly in recent weeks, thanks to an independent review company which publishes star ratings for…
Applied Net 2015: Client self service and mobile developments unveiled
Applied Systems has rolled out Applied CSR24 2016, the latest online self-service solution, to UK brokers.
Ex-Towergate brokers launch sports and leisure MGA
A trio of former Towergate brokers have joined forces to launch a managing general agent specialising in the sports and leisure sector.
Applied Net 2015: No better time in history to be a broker, says CEO French
Reid French, CEO of Applied Systems, has set out what he believes are the five characteristics of the digital agency of the future.
Editor's Comment: The Down Under conundrum
I’m all for encouraging the global imports and exports trade and, over the years, us Brits have adopted several Aussie traditions – such as throwing shrimps on the barbie, Kylie, Foster’s, Uggs, and, my favourite, Hugh Jackman.
European firms not doing enough to understand cyber risk, Marsh finds
Most European organisations are not doing enough to identify, analyse and understand their cyber risks, according to Marsh's 2015 Cyber Risk Survey Report.
BP Marsh doubles profit
Venture capital firm BP Marsh & Partners has doubled its profit before tax for the six months to 31 July 2015 to £3.4m.
Applied Net 2015: Comparing Google
Ellen Carney of Forrester Research has predicted that there will be a 25% reduction in the number of insurance agencies in the US by 2020.
Applied Net 2015: Millennials hold key amid ageing shareholder demographic
The US insurance industry must up its investment in young talent in order to secure a healthy future for the market, according Reagan Consulting principal Thomas Doran.
Applied Net 2015: Smaller brokers told to take long-term approach to M&A
Smaller brokers must focus on “life after the deal” in order to compete against the likes of Arthur J Gallagher and private equity-backed rivals in the booming mergers and acquisition environment.
Ten Insurance Services furthers staff ownership plan with shares incentive
Network Ten Insurance Services has introduced a shareholder incentive plan as a means for staff to purchase shares in the company.
Barbon hires Cigna's Glynne for commercial role
Barbon Insurance Group has appointed Cigna Insurance Services' Andy Glynne as its commercial director.
Gillian Anderson Brown and Alastair Drew named directors at Alan Boswell Group
Broker Alan Boswell Group has appointed Gillian Anderson Brown and Alastair Drew to the board of two of the group's companies.
Profits increase 31% at Besso
Lloyd's broker Besso has posted an increase in both profit and turnover for the year ending 31 December 2014.
Insurance fraud offences recorded by NFIB rise 13%
Insurance fraud offences recorded by the National Fraud Intelligence Bureau increased 13% in the 12 months to June 2015 to 9417 cases.
Tugendhat given Towergate chief commercial officer role
Former Towergate Direct CEO James Tugendhat is to remain with the company as chief commercial officer.
Business minister Javid helps mark London opening of Aon's global HQ
Secretary of State for Business, Innovation and Skills Sajid Javid MP joined Aon CEO Greg Case in the opening of the broking giant’s new global headquarters in The Leadenhall Building last night (14 October).
FCA cancels broker's permission to carry out regulatory services
The Financial Conduct Authority has banned AAA Insurance from carrying out regulatory services work.
Ghost broker jailed for three years
A Barking man has been jailed for three years for selling fake motor insurance policies to criminals.
A-plan to target specialty brokers
A-Plan Insurance CEO Carl Shuker has confirmed the company is looking to go on the takeover trail following the appointment of Jonathan Hartley as acquisitions manager.
Editor's comment: An opportunity to build trust
A lack of relationship with customers in the insurance market is often blamed on annual touch points, insurance being a grudge purchase and policyholders looking for the cheapest price they can get.