This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
More than 200 Ageas staff due to lose their jobs from the closure of the company’s Stoke-on-Trent offices could get to retain their positions after Autonet’s owner Atlanta Group agreed to take over the lease.
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.
Brokers have always innovated to survive and will continue to do so, writes Ian Donaldson, CEO of Autonet and Carole Nash, explaining how technology can help cross-selling.
MDS and HPS Investment Partners have completed the acquisition of Compass Broker Holdings following approval from the Financial Conduct Authority.
Exclusive: Compass Broker Holdings will retain its own brand after being acquired by HPS and Madison Dearborn Partners, executive chairman Alex Alway has confirmed.
Some of the movers and shakers in the market this month
David Newman is to step down as CEO of Carole Nash following its acquisition by The Ardonagh Group.
Newly formed broking group Ardonagh has acquired Altrincham-based motorcycle broker Carole Nash and Hertfordshire-based broker Mastercover.
Solera has sold a portion of its business as a result of a competitions watchdog investigation following its acquisition of Autodata.
The Ardonagh Group will not look to integrate the businesses under its control, the company’s CEO told Post.
The Ardonagh Group posted adjusted Ebitda of £57.6m in the first six months of 2017, a 21.3% rise year-on-year.
The Ardonagh Group, the Towergate holding company, has acquired Petersfield-based Healthy Pets.
This week we saw the ‘Great Repeal Bill’ being introduced to Parliament, a key waystone on the long and arduous journey to leaving the European Union.
Newly-renamed Direct Group will “consider acquisition opportunities” following its own takeover by Towergate-backer KIRS Group.
The insurance giant created from Towergate and other companies is set to relaunch under a new name and branding, following the completion of a £800m bond offering.
The broking giant formed from the merger of Towergate and other firms has confirmed the interest rates for its £800m bond offering, announced last month.
The insurance broking giant created from the merger of Towergate and other firms has put out a £800m bond offering and a £90m credit facility.
The majority of the Post team started the week as ‘virgins’ of the British Insurance Brokers’ Association annual conference. This morning, I see most of them have the same look in their bloodshot eyes. War veterans call it the thousand-yard stare.
The as yet-unnamed general insurance group formed out of Towergate and other brokers has ambitious plans to expand its revenue.
#BibaFever: B-B-Q: Aviva, Towergate and Zurich set out insurance industry demands for new UK Government
As the British Insurance Brokers’ Association got underway in Manchester this morning, the #BibaFever team went out to grill senior executives about the issues that matter.
Broker Network will not rejoin Towergate as part of HPS and MDP’s newly formed general insurance giant.
Towergate backers HPS Investment Partners and Madison Dearborn Partners will consolidate Towergate with Autonet, Chase Templeton, Price Forbes and Ryan Direct to form a general insurance giant.