Broker
85% of SMEs concerned over potential IPT tax rise
More than eight out of 10 small businesses are concerned about the possibility of a rise in the insurance premium tax, according to research.
Bruce Stevenson steams past £30m GWP, acquires regional broker
Independent Scottish broker Bruce Stevenson has bought Turiff-based Youngson Insurance Consultants.
Interview: Geoff Carter and Trevor Webb, Sabre Insurance
A self proclaimed ‘little gem’, Sabre literally went public last year with a London Stock Exchange listing. Jonathan Swift caught up with the management team to get under the bonnet of the non-standard motor insurer
Brokerbility targets younger brokers to boost membership numbers
Independent broking network Brokerbility is targeting brokers with younger management teams in a bid to avoid clashing with consolidators, managing director Ian Stutz told Post.
Dual pricing sees price comparison sales drop
A greater awareness of dual pricing among customers is seeing fewer people buying insurance online, according to research.
Scottish broker becomes latest Brokerbility member
Glasgow-based broker CCRS becomes the 27th current Brokerbility member.
County Group expects to close more deals after swooping for Derby-based broker
The County Group has made its second acquisition of the year, having acquired Derby-based broker Rahon Insurance.
Analysis: Chatbots – Where is the love?
‘Chatbot’ has long-become an insurance industry buzzword, but penetration remains low and firms are still grappling with how to use early iterations of the technology. Elsewhere, some chatbot pilots have failed.
Allianz partners with ‘game changer’ car sharing marketplace Turo
Exclusive: Car sharing marketplace Turo has credited the unique insurance product for its successful UK launch last Tuesday.
Brokers look for alternatives following Premium Credit outage
Exclusive: Brokers have been seeking alternative premium finance partners as backup in the wake of the Premium Credit outage.
This week in Post: Swipe right for Swinton
As Swinton meets its match in Ardonagh, the insurance courtship game has continued to hit headlines.
Ardonagh to enter consolidation phase in retail
Ardonagh will hit pause on further major retail acquisitions as it consolidates its current assets.
Swinton to be ‘repackaged’ under Ardonagh
Swinton will continue its trajectory toward becoming primarily a digital business, Ardonagh CEO David Ross said, but he refused to call time on the high street broking model.
Dive In: Marsh UK CEO decries lack of female 'pipeline' for senior roles
Marsh UK CEO Chris Lay has decried the lack of a 'pipeline' of women in line for senior roles, urging for flexible working as a possible solution.
Ardonagh Group swoops in for Swinton
The Ardonagh Group has struck up a deal with Covéa to acquire Swinton for £165m.
Dive In: Insurance companies urged to support social mobility
Human resources departments in the insurance industry need to start supporting social mobility in the same way they’ve been promoting gender balance and ethnic diversity, a Dive In panel heard.
Start-up motor MGA to target £20m premium in first year
Motor managing general agent Hedgehog aims to reach £20m in gross written premium in its first year of operations, following its launch in Q4.
Biba promotes Martin Bridges to corporate affairs manager
Martin Bridges has taken on the role of Corporate Affairs Manager at the British Insurance Brokers’ Association.
Honcho delays launch until 2019
Honcho has become the first ‘reverse auction marketplace’ to gain Biba associate membership, but the firm alleges that software house delays have pushed its launch date back
MGAs roundtable: What does the future hold for managing general agents?
Nimble and niche, managing general agents have carved themselves a sizeable market share. A roundtable organised by Post, in association with RSA, discussed how these strengths equip them for the future
Ratings agencies shift Marsh outlook to negative over JLT deal
Marsh’s whirlwind acquisition of JLT surprised ratings agencies, as it was a “larger” deal than expected from the world’s biggest broker.
Ex-CBL firm EISL to launch new products after MBO
Exclusive: Former CBL-owned wholesale broker European Insurance Services Ltd will look to launch new products following its management buyout.
CBL broker EISL stages management buyout
Exclusive: The administrators of CBL have sold UK-based European Insurance Services Ltd in a private equity-backed management buyout.
ERS owners explore potential sale
The owner of Lloyd’s motor insurer ERS is exploring the potential for a sale of the business.