Broker
Spotlight: Future of broking: Get the training right
With few students willing to even consider insurance as a career option, how can the industry persuade young people that it is a viable career choice?
Sources play down Advent's growing Towergate holding
A reduction in Peter Cullum’s shareholding in Towergate to just 20% has been played down by a source close to the broker, who linked the move to the broker’s falling earnings.
Claims Club Monthly Missive: Driverless cars, connected homes and PPOs
From Tennessee to London, over the past few months I have heard a considerable amount about the future of insurance.
Price Forbes looks to Willis for accident and health hires
Price Forbes & Partners has launched an accident and health division as well as appointing Richard O'Brien as head of the area.
Devitt and LV Broker partner on motorcycle offering
Motorcycle insurance broker Devitt Insurance Services and LV Broker are launching a scheme for the motorcycle trade.
Moody’s raises default warnings in Towergate ratings
Moody’s amended its ratings to reflect an increased likelihood of Towergate defaulting, while also lowering ratings for bonds issued by the broker.
Soundbite: Listen to Mark Cliff on his Brightside move
Ageas retail and distribution CEO Mark Cliff has told Post exactly what lured him to a new role as Brightside executive chairman.
Cliff notes Anacap ambition ahead of Brightside move
Outgoing Ageas retail and distribution CEO Mark Cliff has cited a combination of ambition from backer Anacap, as well as a desire for a personal stake in his work, as key factors in luring him to Brightside.
Ageas retail boss Cliff heads to Brightside
Brightside Group has named Ageas Retail CEO Mark Cliff as its new executive chairman, subject to regulatory approval.
Towergate Underwriting director Lawrence to lead Direct Insurance MGA
Lloyd’s broker Direct Insurance Group has hired Towergate Underwriting sales and marketing director Tony Lawrence to lead its new managing general agent Imperium Insurance.
Interim Towergate boss resigns as non-exec chairman of Serco
Alastair Lyons’ temporary leadership of Towergate has coincided with his resignation as non-executive chairman of outsourcing company Serco.
Dates announced for dissolution of parliament and general election in 2015
The Leader of the House has announced that, subject to the progress of business, the last sitting day of parliament before the dissolution prior to the General Election will be on Thursday 26 March 2015.
Fitch downgrades Towergate to B-
Fitch Ratings has downgraded Towergate to B- and placed the consolidator's rating on rating watch negative.
Marsh tipped to lead Towergate bidding
Some of the UK’s largest brokers have been floated as potential bidders for Towergate, with Marsh favourite among some observers.
Martinez and Partners to enter professional indemnity market
Basingstoke-based broker Martinez and Partners is to launch stand-alone professional indemnity products for architects, surveyors and accountants in 2015.
Towergate 'gearing up' for Q1 sale conclusion as consultation count reaches 1000
Towergate’s executive chairman Alastair Lyons is hoping to conclude talks over a potential sale in the first months of 2015, after the broker confirmed it had received multiple bids for the business earlier today.
Towergate confirms approaches to buy firm
Towergate has appointed Evercore and Rothschild as joint advisers ahead of a possible sale after receiving approaches from parties interested in acquiring the group.
Flexible commissions look set for FCA scrutiny over conflicts of interest
Compliance specialists say regulator is ‘incredibly interested’ in the practice
CGSC announces rebrand ahead of 50th trading year
Cooper Gay Swett & Crawford has renamed its London market brokerage business as CGNMB, a single brand that combines Lloyd's brokers Cooper Gay & Company and Newman Martin and Buchan.
Howden turns attention to UK market with Powell Bateson acquisition
Howden Broking Group has moved to expand its UK regional footprint with the acquisition of commercial broker and risk management consultancy Powell Bateson.
Regional Review: Glasgow
Glasgow’s reputation as a vibrant, people-orientated city is reflected in its dynamic general insurance market in which over-capacity and a high number of resident brokers have not deterred new players from pouring in. Even hardened insurance…
Legal Update: The countdown to change
Alex Traill explores the ramifications of the incoming Insurance Bill for brokers
Market Moves - 20 November 2014
All the latest job moves in the insurance market.
Ten Insurance completes ownership model switch
Independent broker network Ten Insurance has completed its switch to an employee-ownership trust business model.