Broker
Marsh and Jelf confirm £258m acquisition
Marsh and Jelf have agreed on the terms of a cash acquisition that will see Marsh acquire the entire issued and to-be-issued share capital of Jelf.
Savesure shareholder Whittington banned and fined by FCA
The Financial Conduct Authority has fined Savesure shareholder Ralph Whittington £42,111 and banned him from performing any function in relation to regulated activity for failing to act with integrity in carrying out his controlled functions.
Biba presents City Minister Harriet Baldwin with alternative FSCS plan
Corporate brokers have joined colleagues in the personal lines space in voicing concerns that the rise in insurance premium tax will result in more premium leaving the market.
Howden gets green light for Perkins Slade Forrest takeover
Hyperion-owned Howden UK has completed the acquisition of sports and recreation specialist Perkins Slade Forrest Holdings following shareholder and regulatory approval.
Career Development: CII provides flexible working guidelines
The Chartered Insurance Institute has launched a guide for companies looking to introduce flexible working arrangements.
Career File: Sue Langley - Former Hiscox COO takes on non-exec chairmanship at Gallagher
Arthur J Gallagher International has hired Sue Langley as non-executive chairman of the Gallagher Holdings UK board.
Towergate broking boss Lawton departs after three year stint
Towergate insurance broking CEO Mike Lawton is to exit the business three years after joining from RSA.
County Group eyes further acqusitions following hire of Swinton M&A boss
Former Swinton acquisitions manager Keith Frost has joined The County Group amid plans to support the firm’s appetite to acquire UK based brokers.
Bluefin appoints Thistle COO Watson as operational performance director
Thistle Insurance Services chief operating officer Anita Watson has been appointed to the newly created role of operational performance director at Bluefin.
C-Suite - Broker: The scourge of predatory pricing
The industry needs to ditch the tactic of winning new business with the hook of low price.
Analysis: How Asian wellness programmes could protect the bottom line
Asian health insurers are increasingly turning to wellness programmes in a bid to manage rising claims costs writes Nicky Burridge.
Markerstudy acquires Birmingham broker Lionheart
Markerstudy has gained approval from the Financial Conduct Authority to acquire Birmingham-based Lionheart Insurance.
Ex-Howden boss Tim Coles joins Nexus as CEO as MGA targets more M&A
Nexus Underwriting Management has unveiled former Howden Broking Group boss Tim Coles as its new CEO.
Survey ranks insurance as top performing sector in dodging hackers
The insurance industry is outperforming other sectors in the battle to combat data breaches, according to a survey that revealed just 17% of insurance companies have been hacked –although lost data remains an issue.
BLP Insurance responds to regional growth with two senior appointments
BLP Insurance has announced two senior additions to its business development executive team in response to increasing regional demand for its building insurance products in the Midlands and South West of England.
Biba appoints Yutree to provide ‘quirky’ liability scheme
The British Insurance Brokers’ Association has appointed Yutree Underwriting to provide a new liability insurance scheme that will allow brokers to place unconventional or quirky liability cases including public, products and employers' liability.
Ex-Gallagher execs to fork out £2m in settlement costs
The settlement between Arthur J Gallagher and former international division CEO David Ross and others will cost some of the broker's former executives £2m.
CFC launches global cyber risk portal
CFC has extended its cyber product suite with the launch of an online hub, which it claims enables brokers to deliver an end-to-end solution to their clients.
Post’s State of the Young Broker Nation Webinar
Post is delighted to host a webinar on attracting and retaining broking talent and invites you to watch at 11am on Wednesday 16th September 2015.
Editor's Comment: The best is yet to come
The biggest story of the year has run its course, or so many would have us believe, now that Towergate and Arthur J Gallagher have settled their personnel spat out of court, albeit with a £20m price tag, excluding the legal fees already shelled out.
Bluefin delivers £23m statutory loss in 2014 as Ebitda margin narrows
Bluefin Insurance Group’s statutory results for last year, including gross revenue and a goodwill amortisation charge of £16m, show a reported loss of £23m.
Blog: It is way too early to declare Gallagher or Towergate the £20m winner
It is perhaps an indication of the ‘now-now’ world we live in that so many people were happy to crown either Towergate or Arthur J Gallagher the ‘winner’ last week following the £20m settlement.
Former Hiscox COO Langley becomes Gallagher non-exec chair
Arthur J Gallagher International has hired Sue Langley as non-executive chairman of the Gallagher Holdings UK board.
Bollington back in the black in 2014 with £1.1m profit
Bollington Insurance Brokers has bounced back from a loss of £586,471 in 2013 to record an after tax profit of £1.1m for the year ended 31 December 2014.