Ardonagh Group
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Towergate group reports Ebitda growth of £21m
Towergate Insurance Group has said it is "highly satisfied" with its performance in 2010, with Ebitda growth of 18% reported.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
New Towergate chairman circumspect on IPO plans
Towergate listing on the London Stock Exchange is "no pre-conceived certainty", according to new non-executive chairman Alastair Lyons.
NIG boosts Leeds office
Senior underwriters have joined NIG’s Leeds office from Allianz, Brit and Towergate.
MoJ and mobile operators join forces to eliminate text pests - Insurance News Now – 21 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including an announcement that the MoJ is to set up a dedicated working group with the UK’s major mobile firm operators to tackle the problem of unsolicited text…
MoJ and mobile operators join forces to eliminate text pests - Insurance News Now – 21 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including an announcement that the MoJ is to set up a dedicated working group with the UK’s major mobile firm operators to tackle the problem of unsolicited text…
New Towergate chair remains tight lipped about successor to Andy Homer
Towergate’s new non-executive chairman Alastair Lyons has refused to give a timescale for it to find a successor to Towergate chief executive Andy Homer.
Towergate appoints non-exec chairman
Towergate has named Alastair Lyons as its non-executive chairman.
Axa pledges autonomy in mass branch overhaul
Regional brokers have welcomed an overhaul of Axa's "overly bureaucratic" regional strategy, after commercial chief executive Amanda Blanc outlined plans to devolve decision-making power from the insurer's head office.
Keelan Westall appoints regional managers
Commercial property insurance broker Keelan Westall has appointed business development managers to cover the South East and Midlands regions.
Towergate shakes up team after Heath Lambert coup
Towergate has rearranged its Scottish management team, after the broker attracted Heath Lambert's former regional head of commercial Mark Webster and his team.
Blanc: Axa will open new branches if brokers want them
Axa Commercial Lines CEO Amanda Blanc has exclusively revealed the firm may open new branches as it seeks to “fill in gaps” in its UK regional network.
Ex-Power Place boss joins Axa as 114 made redundant
The former Power Place chief executive Matthew Reed has been reunited with his former boss, Amanda Blanc, after being appointed managing director of intermediary and direct at Axa Commercial, at the same time as 114 staff members are made redundant.
Heath Lambert announces appointments in wake of team departure to Towergate
Heath Lambert has announced some key appointments in Scotland.
Towergate recruits Heath Lambert team in Aberdeen
Towergate Insurance Aberdeen has recruited Mark Webster and his team from Heath Lambert to lead the expansion of its operation.
MMA and Broker Network strengthen ties
Members of Broker Network can trade with commercial insurer MMA via BN’s Network Trading Room.
Disappointment over 10% increase in FSA funding
The insurance market has expressed disappointment at a 10% increase in the Financial Services Authority's funding requirements during 2011/2012.
Towergate names new sales director
Towergate has appointed David Scutt as sales director for the South west region.
Court dismisses Towergate application
A high court judge has dismissed an application from Towergate Underwriting for a pre-action disclosure against Lorica Insurance Brokers and ordered it to pay costs amounting to £17 000.
Aviva gears up for telematics return as motor rates rise
Aviva has mooted reintroducing telematics technology for private cars during 2011, according to UK chief executive Mark Hodges.
CCV acquires niche motor broker
Cullum Capital Ventures has acquired Hanbury Insurance, a personal and commercial lines broker in South Wales specialising in taxi insurance.
Broker focus – private equity: the start of a broader movement?
2011 has already seen one major broking private equity deal involving Towergate. Rachel Gordon assesses whether this is likely to be a one off, or the start of a broader movement within the intermediary market.
Keelan Westall sets £1m target for online launch
Barbon-owned wholesale property broker Keelan Westall is planning to launch an online trading platform in a bid to make transactions with its partners more efficient.