Broker
The challenges and opportunities in the UK insurance brokerage market
Age Lindenbergh, leader of the European Alvarez & Marsal’s Transaction Advisory Group, unpacks the difficulties and opportunities within UK broker consolidation, and how the UK can keep its prominent standing in Europe.
Sabre chair Andy Pomfret passes away
Sabre has announced that its chairman and McGill and Partners director, Andy Pomfret, passed away at the weekend following an illness.
Big Interview: SRG CEO Warren Downey and deputy CEO Lee Anderson
Specialist Risk Group CEO Warren Downey and deputy CEO Lee Anderson explain how Marsh snapping up JLT created a gap in the market for a "great alternative for great specialists."
Managing underinsurance risks and valuations
Analysis: As inflation continues to be an issue across all lines of insurance, Sam Barrett explores how brokers can use AI to manage underinsurance risk and valuations.
Is the broker pledge on leasehold commissions a load of not much?
News Editor's View: After five brokers committed to capping and no longer sharing commissions in a new government pledge, Scott McGee asks: “What is it actually achieving?”
Aon to bring UK and EMEA businesses together
Aon has announced that it is bringing together its client-serving capabilities and operations in the UK and Europe, Middle East and Africa regions.
Q&A: Jacqui Kelly, Zurich
Following her permanent appointment as head of sales and distribution at Zurich, which she took on as an interim in July, Jacqui Kelly explains her plans to deepen the insurer's relationships with brokers.
Five brokers to scrap third-party leasehold commissions
Five insurance broking groups have pledged to stop sharing buildings insurance commissions with landlords and to cap their own fees.
Applied ‘picking up steam’ as it targets more market share in UK
Applied Systems group CEO Taylor Rhodes has hailed a bumper year for the UK business, as it looks to take market share from the ‘weaker’ competition.
CII young brokers turn to TikTok to fight talent war
The Chartered Insurance Institute’s New Generation Broking Group is turning to TikTok and Instagram to attract fresh talent to the industry.
Biba launches FVA framework after FCA scrutiny
The British Insurance Brokers’ Association has launched a new framework to help members better articulate fair value.
Gallagher’s Foley on why post-M&A integration is key to success
View from the top: Ronan Foley, CEO of Gallagher in Ireland, explains why post-acquisition integration can be make or break for brokers.
How Birmingham’s insurance sector is evolving
As sister title Insurance Age takes over the Birmingham NEC for Broker Expo and the Broker Awards, Insurance Post looks at the challenges and opportunities facing the city’s insurance sector.
FCA promises action against overcharging brokers
The Financial Conduct Authority has warned brokers it will “take action” against those charging inflated commissions for arranging cladding cover, with some charging up to 62%.
FCA to hit brokers with fresh leasehold insurance reforms from 2024
The Financial Conduct Authority has issued a wave of reforms around leasehold buildings insurance, coming into force in the new year.
Verlingue’s Amin on why insurance failed to attract Muslims
Sakib Amin, head of insurance broking at Verlingue, shares his experience as a Muslim, British Asian working in the industry and why there is still a long way to go before the market fully embeds inclusivity into its practices.
A-Plan to be replaced by Howden on high streets
The A-Plan brand is to disappear from 100 branches across the UK, replaced by the Howden brand.
Trade Voice: Biba’s Trudgill on scanning the horizon
Graeme Trudgill, CEO of the British Insurance Brokers’ Association, says brokers need to anticipate the products clients of the future will need.
Miller settles negligence suit brought by Cardiff City FC
Miller Insurance has agreed a settlement with Cardiff City Football Club, concluding a professional negligence suit brought against the broker in connection with the death of Emiliano Sala in 2019.
Ardonagh and Markerstudy’s £1.2bn merger confirmed
The Ardonagh Group and Markerstudy Group have agreed a merger between Markerstudy and Atlanta Group, Ardonagh’s personal lines broking business, to create a “major new player” in the UK insurance market.
Q&A: Onno Janssen, CEO, PIB Group Europe
Onno Janssen, CEO of PIB Group Europe, speaks to Scott McGee about PIB's European expansion, and how the the UK and the continent’s regulatory environment differs.
Trade Voice: Ajay Mistry on why networking is more important than ever
Ajay Mistry, founder of Gambit Partners and an advisory board member of the Chartered Insurance Institute’s broking community, outlines seven reasons why networking is crucial for insurance brokers.
Insurance M&A volume soars but deal value falls
Data analysis: The number of UK insurance merger and acquisition deals rose from 48 in the first half of 2022 to 54 at the start of 2023 but the total publicly disclosed deal value fell from £3.8bn to £16m year-on-year.
Marsh appoints Nick Harris as CEO of UK retail
Marsh has hired Nick Harris as CEO of UK Retail, effective from 1 January 2024, subject to regulatory approval.