Broker
Blog: Restrictive covenants or restricting growth?
The vexed topic of restrictive covenants has reared its ugly head of late, with an escalation of high profile team lifts and an increase in legal actions, as well as ‘other skulduggery' against past employees.
Former Endsleigh commercial head buys charity broker
Endsleigh’s former head of commercial Tim Larden has completed the purchase of Sheffield-based broker Ladbrook Insurance.
Moody's puts CGCS debt ratings on negative review
Moody's has placed the ‘B3’ corporate family rating and ‘B3-PD’ probability of default rating of Cooper Gay Swett & Crawford on review for downgrade given deterioration in the group’s Ebitda, financial leverage and interest coverage metrics.
Swinton poaches Lloyds' Beaven for distribution director role
Swinton has looked to the banking sector in recruiting a new distribution director, appointing Richard Beaven, formerly of Lloyds Banking Group, to the role.
Axa issues travel policy guidance on Greece and Tunisia
Insurer Axa has agreed to double the cash limit on all travel products at point of claim for customers travelling to Greece or any Greek islands until 30th September 2015.
Blog: Six reasons 2015 will be the biggest year yet for insurer M&A
I have to admit I am prone to the odd football analogy and the news yesterday that Ace is to acquire Chubb in a £18.1bn mega deal has certainly given me more scope to plough this furrow given that it happened on the day the transfer window opened (1 July…
Gallagher Bassett bolsters UK footprint with CAA purchase
Global third party claims administrator Gallagher Bassett International has moved to boost its UK presence with the acquisition of Countrywide Accident Assistance.
Ex-Esure and L&G boss Peter Graham returns with Barbon role
Former Esure and Legal & General insurance boss Peter Graham is poised to return to the UK market as non-executive chairman of Barbon Group, Post can reveal.
Hyperion looks to Towergate for CFO hire
Towergate interim chief financial officer Oliver Corbett is to succeed Eric Fady as Hyperion Insurance Group's CFO.
Analytics key for mid-market brokers following 'defensive' Willis merger
The Willis and Towers Watson merger is a defensive move to prevent the broker being targeted for acquisition, according to industry insiders, who also claim mid-market brokers must boost their analytics offerings in the wake of the deal.
LMA reissues guidance in face of Greek exit fears
The Lloyd's Market Association has reissued guidance and a model relating to the withdrawal of a country from the Eurozone as doubts about Greece's future intensify.
Right Choice Insurance Broker takes stake in Digilog UK
Essex-based Right Choice Insurance Broker has bought a stake in Digilog UK, a technology firm specialising in supplying integrated voice risk analysis solutions.
Ex-Zurich corporate boss Green joins broker as director
Former Zurich corporate boss Steve Green has joined broker Anthony Jones as a director.
Market Moves - 2 July 2015
Find out the movers and shakers in the insurance industry this week.
Research: Young Broker Nation: 2: Experiences so far
In the second of a four-part report based on surveys with 20 young insurance brokers, we report on their experiences of the industry so far, what they have learned and how much their views of broking have changed since joining the sector.
Willis and Towers Watson join forces to create broking and analytics powerhouse
Willis Group and Towers Watson today announced their intention to combine forces in an “all stock merger of equals”.
Green acquires MB Mulcahy Associates
Green Insurance Group has announced the acquisition of MB Mulcahy Associates, based in Merton, South London, for an undisclosed amount.
Broker talent: painful breakups
As recent court cases have shown, leaving a company to join a competitor can be a less than straightforward affair.
Willis deputy CEO Hearn to take charge at CGSC in November
Cooper Gay Swett & Crawford has appointed Willis Group Holdings deputy CEO Steve Hearn as Toby Esser’s successor as group CEO.
Willis to restructure N2 network by 2016
Willis is meeting with members of its N2 network of smaller regional and community brokers to discuss changes to the network's structure.
Notorious ghost broker told to pay £658k back to fraud victims
The Old Bailey has ordered for £658,460.84 to be confiscated from a ghost broker currently imprisoned for masterminding what is believed to be the UK’s biggest fake car insurance scam.
Video: Q&A with Aon on increased competition and trends in public sector insurance
In this video, Post’s content director Jonathan Swift talks to Nigel Cooper at Aon Risk Solutions.
Insurers and brokers report rise in business volumes over past three months
Business confidence for brokers, life and general insurers continues to rise, according to a joint survey by CBI and PWC published today.
FWD’s Gaughan, Ingenie, LV and Aviva among winners at first Insurance Marketing and PR Awards
FWD founder Michael Gaughan was crowned the winner of the achievement award at the inaugural Insurance Marketing & PR Awards this afternoon.