Broker
C-Suite - Broker: Embrace the standards drive
Recent fines issued by the Financial Conduct Authority are an important reminder of the continuing focus on regulation in the financial services sector.
Marsh records 5% Q1 revenue increase
Broker Marsh has reported a 5% increase in revenue for Q1 2014 up to $1.45bn (£854m) from $1.38bn in 2013.
Broker Network concludes development team expansion with twin hire
Broker Network has hired Ian Wainwright as head of broker development for the network’s premier proposition and Angus Montgomery as broker development manager for the advantage proposition.
Ten Insurance boosts Scottish membership with Insure Scotland
Former Giles Glasgow head office branch manager Murray MacAra's new commercial broker venture, Insure Scotland, has joined the Ten Insurance network.
Mike Hallam promoted to head of technical services at Biba
The British Insurance Brokers’ Association’s head of technical services Steve Foulsham has retired after eight years at the trade body and will be replaced by Mike Hallam.
Towergate in FCA talks over mis-selling
Towergate is in discussions with the Financial Conduct Authority over issues around the sale and advice of two Towergate Financial products.
Oval snaps up Northern Irish broker Trotter and Reid
Oval has acquired the business of independent Northern Ireland broker Trotter and Reid for an undisclosed sum.
Gallagher acquires employee benefits consultancy Shilling
Arthur J Gallagher has acquired Hampshire-based employee benefits communication consultancy Shilling.
Willis appoints Everling as Netherlands boss
Willis has appointed Jeroen Everling as chief executive of Willis Netherlands effective from 1 June.
IBSC launches code of conduct
The Insurance Brokers' Standards Council has today launched its code of conduct for the more than 1000 brokers already signed up to the body.
Stackhouse Poland acquires Liverpool broker Coulter Hurst
Independent broker Stackhouse Poland has acquired Liverpool-based firm Coulter Hurst & Company.
Allianz kicks off commercial growth plan with broker proposition
Allianz Commercial has launched a wholesale and retail proposition to the UK broker market; the first in a series of planned moves to increase its footprint in the mid-corporate sector.
Hodges defends merits of network model following 2013 earnings slump
Towergate boss Mark Hodges has denied appetite for networks is dwindling and has tipped his own network division to bounce back this year in the wake of an almost 50% decline in earnings in 2013.
Willis profits rise in Q1 despite 'disappointing' global performance
Willis Group chalked up a 4.4% increase in revenues of $1.1bn (£652.5m) in the first quarter of 2013 alongside a rise in profit of $246m (Q1 2013: $219m).
Towergate earnings slide 7% in 2013 as pre-tax losses hit £41m
Towergate saw its operating earnings drop 7% to £144.9m last year (2012: £156.2m) as profit within the consolidator’s Broker Network division plummeted 42%, with underwriting, Paymentshield and insurance brokers all contributing to the fall.
Chinese regulator examines intermediary market
The China Insurance Regulatory Commission is attempting to clean up the intermediary market in the country.
Editor's comment: Time to walk the walk on service
If I had a pound for every time I heard the phrase ‘the customer is key’ or we are putting the customer at the ‘heart of the process’, I would be less worried about paying into my son’s college fund.
Increased regulation is no excuse for service decline, brokers tell insurers
Survey shows insurers and brokers disagree over reason for customer service drop
C-Suite: Insurer: Innovation through collaboration
The industry should rethink its efforts to innovate by looking beyond the product-driven approach
BIA Countdown: Q&A with 2012’s achievement award winner Peter Cullum
Since their inception, the British Insurance Awards have become the unrivalled badge of excellence for the insurance sector, raising standards across the industry through their showcasing of best‑of‑breed performance and innovation.
Interview: David Margrett: Bring it on
Welcoming the FCA’s hands-on approach to regulation as a boon to his firm’s ambitions, Global Risk Partners CEO David Margrett tells Post why he has such confidence in his consolidation goals
Video: Aviva Broking Team Q&A
Ahead of the British Insurance Brokers’ Association conference in Manchester editor Stephanie Denton spoke to Aviva's broking management team of Phil Bayles, Gareth Hemmings and Fraser Edmond to find out what the big issues facing brokers are and how…
Marsh boss Julie Page to chair Biba international and wholesale advisory board
The British Insurance Brokers’ Association has named Marsh Limited chief executive for the UK’s consumer and commercial practice Julie Page as chair of its new international and wholesale brokers’ advisory board.