Broker
PE investment and consolidation to continue in broking following flurry of deals
Consolidation and private equity investment are far from reaching their zenith in the broking sector, according to market insiders, who have tipped brokers Be Wiser, Jelf and Autonet Insurance Services as attractive prospects for buyers.
ULR Additions to rebrand as Motorplus
ULR Additions has vowed to refocus on the products and services “in which it excels” following a rebrand that will see the company name changed to Motorplus.
Brightside and Southern Rock reach out of court settlement
Brightside and Southern Rock bosses have reached an “amicable” settlement of all claims following a dispute in a number of areas that commenced in May last year.
Biba bites: Russell Bence
Post caught up with Markerstudy’s Russell Bence, ahead of the Biba conference in Manchester.
Gallagher merges GIS with UK retail and creates single underwriting unit
Gallagher Insurance Solutions managing director Martin Oliver will report in to incoming UK retail CEO Stuart Reid following a restructure at Arthur J Gallagher International.
Jelf plots commercial acquisitions in mid-market boost
Jelf is looking for acquisition opportunities in the commercial market alongside plans to grow the insurance division's mid-market presence, according to group CEO Alex Alway.
Head to head: Is it inevitable that SME will go automated?
This year’s Biba conference has the theme ‘Delivering our promise’. With that in mind, Post asked some leading industry figures to go head-to-head on SMEs.
Towergate agrees five-year partnership with Allianz worth £770m
Towergate Insurance has extended its underwriting partnership with Allianz for a further five years.
Biba unveils holiday home scheme alongside Intasure
The British Insurance Brokers’ Association has launched its first ever holiday home scheme in partnership with specialist Arthur J Gallagher subsidiary Intasure.
Trust Insurance Campaign: A thirst for knowledge
The Chartered Insurance Institute’s Made Simple campaign is the result of a year spent listening to customers and realising how much uncertainty surrounds insurance – and how much the buying public wants to learn.
FCA finds insurers and brokers wanting on premium finance advice
The Financial Conduct Authority has found insurers and brokers do not always provide customers with clear information about payment options for general insurance products.
Jelf Group's H1 revenues jump 11%
Jelf Group's revenues have jumped 11% to £43.7m for the six months ended 31 March 2015 from £39.3m in 2014.
Biba : What if Independent Insurance really did relaunch
On 1 April, Post broke the news that Independent Insurance was relaunching at the 2015 British Insurance Brokers’ Association conference as a managing general agent. Twitter was soon abuzz with comments, with a considerable number of people not noticing…
Allergies: Food for thought
A tightening of regulations around food supply should be good for consumers – and consequences of businesses getting it wrong are serious.
Chase Templeton snaps up SME broker Get Private
Private medical insurance specialist Chase Templeton has boosted its presence in the SME sector with the acquisition of London-based intermediary Get Private.
Australia's Honan buys MACS in Singapore
Melbourne-based Honan Insurance Group, part of the Worldwide Broker Network, has acquired Singapore-based MACS Insurance Brokers for an undisclosed amount.
Trio of broking businesses rebranded by Brokerbility
Brokerbility will rebrand its three trading businesses as Brokerbility Insurance Brokers from 1 June in a bid to support strategic growth plans.
The insurance quiz of the week
How much do you know about insurance developments in the last seven days?
Blanc to focus on 'straightforward' growth plan at Aston Scott
Aston Scott executive chairman Peter Blanc plans to make the business "the best insurance broker" he can by targeting a combination of acquisitions and organic growth over the next five years.
Seventeen Group eyes other deals after Thompson & Partners purchase
Seventeen Group managing director Paul Anscombe has outlined his appetite for further deals after confirming the firm's acquisition of specialist credit and marine broker Thompson & Partners.
Peter Blanc becomes exec chair at Aston Scott following MBO
Aston Scott Group has completed a management buyout funded by private equity firm Bowmark Capital.
Howden makes care sector acquisitions
Howden has acquired Brighton-based Care Home Insurance Services and PrimeCare, both independent brokers.
Zurich's McManus takes Aon HNW role
Former Zurich personal lines broker head Ian McManus is to join Aon Risk Solutions as high net worth proposition head.
Brightside pegged as Autonet purchaser
Bristol-based broker Brightside is said to be pursuing Autonet Insurance Services - a previous acquisition target of Arthur J Gallagher.