Ardonagh Group
Towergate postpones bond issue for 4-6 weeks
Towergate has postponed its £665m bond issue and will bide its time over the next month and a half to see if the markets improve.
Ex Broker Network MD joins Marsh
Marsh has appointed Martyn Denney to the newly-created role of networks leader.
Round table - E-trading: Progress through technology
Technology plays an important role in delivering products efficiently and in a more economic fashion. A panel of experts debate why take up of e-trading has, therefore, been so slow in commercial lines. Amy Ellis reports.
New MD for Towergate Underwiritng Financial Risk
Towergate Underwriting has appointed Peter Newson as managing director of Towergate Underwriting Financial Risk.
Biba preview - speakers' views: Excel-lent adventure
This year's British Insurance Broker's Association conference held in London on 19 and 20 May will see 2810 attendees descend on the Excel conference centre where 168 exhibition stands await. We caught up with some of the event's speakers to find out…
Insurer ratings: The rate debate
With the troubles that have beset Quinn recently, Daniel Dunkley asks whether brokers should take more notice of whether an insurer has a rating or not.
Towergate smooths IPO path with debt restructure
Towergate has enlisted investment bank JP Morgan to advise it on a debt restructure that will extend the length of time it has to repay monies owed by swapping bank debt and preferred shares for a stake in a new subsidiary.
The Aldermanbury Declaration - watch the debate
If you missed yesterday's live webinar debating the recently launched Aldermanbury Declaration it is now available for viewing on-demand.
Towergate seeks £665m cash boost
Towergate Finance, part of the Towergate Partnership, is seeking a £665m cash boost from investors to refinance its existing debt and redeem certain preferred shares.
Towergate appoints managing director
Towergate Underwriting has appointed Peter Newson as managing director of Towergate Underwriting Financial Risk.
Power Place adds six to broker development team
Power Place has made a series of new appointments to its broker development team.
Post in print - 22 April
Post reporter Dan Dunkley provides a quick overview of this week's major news including: Towergate brings in IPO experts, Capita insurance chief quits, Lib Dem's in mutual manifesto, Quinn faces UK underwriting decision and insurers assess volcano…
Regional Review - Glasgow: Local strength
With significant activity already in 2010 and the emergence of a new financial district, the Glasgow insurance market looks set for further growth. Mairi MacDonald assesses the financial landscape in Scotland's largest city.
Interview - Matthew Reed: Ship shape and Bristol fashion
Power Place chief executive Matthew Reed took a circuitous route into the insurance industry, after a stint in the Navy. Mairi MacDonald asks him about his plans for the firm and how he intends to drive the business forward.
Fusion gears up for launch
Towergate-owned underwriter Fusion is to launch a continuity offering as part of its wider business interruption risk management service.
Towergate creates two PLCs and appoints IPO specialist
The Towergate Partnership has instructed an international corporate law firm to help it oversee a financial restructuring of the business including the formation of two "public-limited company" operations, Post has learnt.
Broker Network names new director
Broker Network has appointed Paul Roberts as customer services director, for its network division.
Towergate boss hails Glasgow consolidation
The managing director of Towergate's Scottish operation has hailed the consolidation of its five Glasgow businesses under one roof is a marker of its proper arrival in the city's insurance market.
Countrywide offering extended
Broker Network has launched a full membership proposition for Countrywide members called Countrywide Complete.
Biba clarifies members' position over limitation of liability
The British Insurance Brokers’ Association has launched a new publication to provide clarification to brokers on the issue of limitation of liability when advising clients.
Jubilee raids Oval for A&H Underwriter
Jubilee has appointed Steve Green as Accident & Health underwriter at Jubilee Syndicate 5820.
MPPI product launched
Unemployment, accident and sickness specialist British Insurance has launched its first direct mortgage payment protection insurance product.
Homer defiant over "negative" outlook
Towergate chief executive Andy Homer has refuted rating agency Moody's claim that its short-term outlook is 'negative', insisting it will not sell off parts of the business to cut debt.
Brokers offer welcome mat
Quinn Insurance's fall into the hands of administrators was "a disaster waiting to happen", according to broker bosses.