Broker
AJ Gallagher gains regulatory approval for Wesfarmers broker deal
Regulatory approval has been granted for the A$1.1bn ($928m) acquisition by Arthur J Gallagher of Wesfarmers insurance broking operations.
Profit margin slips by 1% at Tysers as chair eyes 'opportunities'
Tysers saw its Ebitda profit margin slip on a year-on-year basis from 19% in 2012 to 18%, despite recording 3% growth in overall revenues to £38.7m in 2013 (2012: £37.6m).
Henderson sets up marine division
Henderson Insurance Brokers has established a marine division to take advantage of growing opportunities in the UK maritime and ports sector.
ERS recruit from Rural for business development pair
ERS has picked up a pair of business development executives from Rural Insurance, with responsibility for Scotland and the North East.
Head to Head: Commercial rates
This year’s Airmic conference, taking place at Birmingham’s International Convention Centre, will see insurers and risk managers come together to share experiences and influence forward thinking. Post asked some leading industry figures to go head-to…
C-Suite - Broker: The equation for M&A success
Success, like genius, is both inspiration and perspiration. And while Thomas Edison believed genius to be 1% the former and 99% the latter, whether the balance is the same in success is perhaps a matter of debate.
Marsh boss Weil calls for U-turn on 'perverse' risk pooling for schools
Global broker Marsh is urging the government to rethink the introduction of a risk pooling arrangement for academies and free schools amid claims the scheme will result in a substantial loss for the taxpayer.
Market Moves - 12 June 2014
All the latest job moves in the insurance market
Willis launches Shariah compliant real estate product
Willis has launched the UK's first Shariah compliant commercial real estate insurance solution.
David Holman memorial service open to market colleagues
Market colleagues have been invited to attend a memorial service in honour of the former boss of Lloyd’s broker John Holman & Sons, David McArthur Holman, who has passed away at the age of 85.
Insurers recognise need for efficiency
Insurance executives have identified back office functions and claims as the top areas of their business where efficiency could improve, according to research from the EDM Group.
Bluefin hires Sherwood for Milton Keynes role
Bluefin has appointed Craig Sherwood as its Milton Keynes branch director.
Industry welcomes government fraud action
Insurers have welcomed government measures to tackle insurance fraud announced today by Justice Secretary Chris Grayling.
LV Broker unveils property investor cover
LV Broker has revealed a new cover for clients with large property portfolios in a bid to grow its commercial property offering.
Biba concerned by riot damages cap
The British Insurance Brokers' Association has expressed concern over the suggested cap on claiming compensation proposed by government in its overhaul of the Riot (Damages) Act.
JLT Specialty partners with Starr on solicitors' PI agreement
JLT Specialty has expanded its solictors' professional indemnity offering through a partnership with Starr Companies for four to 10 partner firms in England and Wales.
ULR Additions sold to claims investment group
Legal expenses provider ULR Additions has been sold by founders Alan and Birgitt Macalister to an investment group specialising in claims management firms, Post can reveal.
Broker Network recruits from CCV for business development boss
Broker Network has taken a new head of business development from Towergate-owned CCV Risk Solutions.
RFIB launches insolvency protection
Independent broker RFIB has launched a financial resource policy, led by Ironshore Europe.
Insurers vie for RSA broker motor business despite ‘unsustainable’ label
LV and Zurich among the major insurers looking to capitalise on RSA’s motor cuts
Adding 1 eyes regional brokers after reforming as an MGA
Former Jersey-based intermediary Adding 1 has reformed as a managing general agent and is targeting independent brokers across the UK.
Aon completes Lorica Employee Benefits purchase
Aon has completed the acquisition of Lorica Employee Benefits, boosting the broking giants own human resource solutions business to more than 400 employees.
Market Moves - 5 June 2014
All the latest job moves in the insurance market
BP Marsh eyes start-up opportunities
The current tough environment for brokers could create significant investment opportunities for venture capital firms, according to BP Marsh chairman Brian Marsh.