Merlin clients and staff seek new homes after facilities firm quits takeover talks

Merlin umbrella

After almost two decades in the insurance industry, loss adjuster Merlin Claims went into administration last week, arguably the victim of a private equity deal that saddled it with too much debt and a dwindling client list.

Less than three months ago, Merlin categorically denied it was in trouble when rumours began circulating on the back of a lost solus adjusting deal.

But, conceding defeat on 8 August, Merlin called in

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Biba follows ABI in addressing premium finance

Less than a month after the Association of British Insurers published guidance for members providing premium finance to customers, the British Insurance Brokers’ Association has followed suit.

Biba defends centuries-old commission model

The British Insurance Brokers’ Association has today launched a guide encouraging members to stick to the traditional commission model and warning of the dangers of straying from it.

Jensten restructures after £170m fundraise

Following the recent announcement of its £170m in fundraising, Jensten has announced a “strategic reorganisation” with the view “to triple the premium managed” by the MGA business within the next four years.

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