Broker
LV hires four former NIG staff
LV announced today that it is opening a new office in Exeter and has appointed Steve Meredith as regional manager for the South West.
Post in print - 3 June 2010
Post reporter Leigh Jackson gives a snapshot of some of the main news stories in this week's issue of Post.
Wood advisory role
Gateshead-based Northern Counties Insurance Brokers has appointed Mark Wood, managing director of UKGI, pictured, in a non-executive advisory capacity.
Lockton values England squad as £293m risk
Insurance broker Lockton has valued the England football squad as £293m risk to the London market as it completes its flight to South Africa for the World Cup.
Junction reveals ambitious growth plans
Junction said it has today revealed ambitious growth plans in a marketplace otherwise seen by analysts as static.
Beazley appoints broker relations boss
Beazley has appointed Dan Jones to lead its strategic broker relations programme.
Hyperion backer posts profit for 2009
Venture capitalist BP Marsh has posted a consolidated profit on ordinary activities after tax of £0.3m for the year ending 31 January 2010 (31 Jan 2009, loss of £1.7m).
Bluefin completes Gilbert Insurance Brokers purchase
Insurance broker Bluefin has announced the acquisition of St Albans-based intermediary Gilbert Insurance Brokers.
Simply Biz appoints MDs
Simply Biz PLC has made Matt Timmins & Neil Stevens Joint managing directors of the Simply Biz Group.
Penny Black's insurance week
Despite claims to the contrary, Penny is still not 100% convinced by former Lorega chief executive John Sims' claims that he is not having a mid-life crisis.
Postscript - 5 years ago: Heath secure with £20m war chest
Looking through Post's back cataloguepaints a unique picture of more than 150 years of insurance news, as this highlight from 5 years ago reveals.
Career development & CSR news: Working together to beat the recession
Recent figures indicate that the UK economy grew between February and April this year. It seems almost too good to be true to think that, after 18 months of economic crisis, the tide may be turning for UK businesses.
Career development & CSR news: Towergate raises £350 000 to train Childline counsellors
More than 223 volunteer counsellors will be recruited and trained across the UK, helping more than 50 000 children in danger and distress, thanks to £350 000 raised for Childline by Towergate.
Conference research reveals importance of legal cover for SMEs
Less than 25% of small businesses are likely to have sufficient funds to cover the cost of a legal dispute, according to research conducted by First Assist Legal Protection at the recent British Insurers' Brokers Association conference.
Invicta buys four more books as spending spree continues
Invicta Insurance Services has made four further acquisitions, following its swoops for Williams Insurance Services and Lowe Insurance earlier this year.
Heath Lambert appoints Darby in new Manchester move
Heath Lambert has appointed Robin Darby as the head of its Manchester operation.
Biba kicks off lobbying with Treasury meeting
British Insurance Brokers' Association chief executive Eric Galbraith has voiced his concerns over the latest wording of the Bribery Act 2010, warning the new government it must learn from its predecessor's handling of the insurance premium tax issue.
Editor's comment: M&A activity is steady, with some green shoots
This year has seen only a steady drip of merger and acquisition activity, rather than a flurry, something that was noted by Pricewaterhouse Coopers in its European Financial Services M&A Insight published yesterday.
BMS sets growth strategy of doubling in size by 2015
London market broker BMS is set to make a number of acquisitions and team hires as part of plans to double its business by 2015.
Aviva charity pledge
Aviva plans to mark the first anniversary of its rebrand by pledging to donate 1% of its average daily broker generated premium for the month to the Aviva 'Street to School' campaign.
US giant Gallaghers unveils second UK swoop in months
US broking giant Arthur J Gallagher has announced the acquisition of London-based Risk & Reward Group. Terms of the transaction were not disclosed.
CCV broker plans to double in size in three years
Alker Brothers, a Wigan insurance broker and part of independent insurance intermediary Cullum Capital Ventures, has rebranded as part of its objective to double in size in three years.
HDI-Gerling in regional shake-up
HDI-Gerling is to form two new business divisions, major and global risks and UK corporate, together with the creation of a new regional structure.