Broker
Simply Business survey points to lack of consumer understanding
Consumers believe UK insurers and brokers are stuck in the twentieth century, according to research carried out by Simply Business.
FCA will push for brokers to have ‘house in order’, UKGI predicts
Compliance consultancy UKGI predicts 2014 will see the conduct regulator pressuring the broking community to “put its house in order” before insisting on fresh regulations.
Howden snaps up Lycetts' Aitken to run private client division
Howden Insurance Brokers has launched a private client division and has recruited Simon Aitken from Lycetts Insurance Brokers as managing director of the new operation.
Hodges plays down client money problems at Towergate
Towergate chief executive Mark Hodges has said that client money failings, which saw the broker misallocate £15m of client and insurer funds over four years, will have little impact on the business.
Towergate YTD earnings dip 3% as network earnings half
Operating earnings at Towergate have tumbled 3% for the first three quarters of the year, dipping from £120m to £116m.
Watson is third directorship change at Towergate
Towergate has denied that James Watson has resigned a directorship at Paymentshield despite papers filed with Companies House appearing to show the contrary.
Towergate among larger brokers targeted by Brightside for Holman replacement
Interim chief executive Paul Chase-Gardener says it was always Brightside’s intention to recruit a new chief executive from a larger rival.
Brightside boss Holman moves to Markerstudy
Markerstudy has recruited Brightside chief executive Martyn Holman to serve as its group commercial director from January.
Gallagher's UK network Compass signs up a dozen members
Arthur J Gallagher's UK networks division Compass Broker Services has unveiled 12 new members controlling a total gross written premium of £24m.
JLT acquires South African broker Eluleka
Jardine Lloyd Thompson Group has acquired South African employee benefits and healthcare broker and consultant Eluleka Consulting.
Biba lobbies government for nationwide broker apprenticeship programme
The British Insurance Brokers’ Association is calling for the government to set up a nationwide apprenticeship programme to recruit and retain people in the broking sector.
Towergate's Williams to replace Holman as Brightside CEO
Brightside has appointed Towergate director Paul Williams to take over as chief executive early next year following the departure of outgoing CEO Martyn Holman.
Hyperion seeks new chairman
Hyperion Insurance Group’s non-executive chairman John van Kuffeler will retire from the board next month following five years at the broker.
Van Kuffeler to step down as Hyperion chairman next month
Hyperion Insurance Group’s non-executive chairman John van Kuffeler will retire from the board next month following five years at the firm.
Keychoice and Brilliant Law launch product to help brokers
Keychoice has partnered with Brilliant Law to launch a fixed price legal services package for its members.
Post Magazine - 28 November 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Drivers take risks with floodwater driving, according to AA
More than half of UK drivers are putting themselves in danger attempting to cross dangerous flood water, a joint AA and Environment Agency survey has found.
Expertise in Action: Generalist versus Specialist
How much do prospective customers place on their insurer and broker’s specialist knowledge when buying insurance? And does it become stronger depending on the size of the niche?
Expertise in Action: Broker: Sharper focus
Combining a generalist approach with specialist knowledge is essential for insurers seeking to differentiate themselves from the competition.
Expertise in Action: Broker: Standing out
In an increasingly competitive marketplace, brokers can gain an edge by specialising in niche areas and strengthening their regional focus
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.
Brokers baffled as FCA places them in ‘high risk’ group
Aggregators say FCA probe into sector no longer relevant.
Editor’s Comment: Thematic fatigue
The old cliché goes that you should sometimes be careful what you wish for.
Lloyd’s: A period of adjustment
In a challenging year for the market, how is Lloyd’s responding to regulatory changes, international competition and the potential threat posed by passive underwriting structures?