Giles Insurance Brokers
CBG secures blind society appointment
Independent insurance broker and financial services intermediary CBG Group has been appointed by a society for the visually impaired.
Giles in bid to protect jobs after CBG buy
Expansionist broker Giles has vowed to protect jobs “where possible”, following the acquisition of Manchester-based broker CBG, which is expected to be finalised within two weeks.
Insurer estimates hit £750m as city riot damage racks up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories which include how RSA, Aviva and Axa are likely to incur the biggest losses from commercial property claims, based on market share, as the latest riot bill estimate hits …
Giles confirms redundancies may be needed to "achieve benefits" of CBG deal
Giles has today admitted that in order to achieve the planned benefits of the acquisition of CBG, some operational restructuring will be required following completion of the deal, which may lead to some redundancies.
Giles CEO dampens IPO speculation after £5.1m CBG move
The CEO of Giles Insurance Brokers has dampened speculation his firm will seek an IPO any time soon by claiming that being a listed broker is a "regulatory burden".
Jersey firm has Giles in its sights after takeover
Bosses from Jersey-based Islands Insurance have heralded the acquisition of Reed Insurance Associates as "a big leap forward", after finalising a deal that sees the firm become the self-proclaimed second largest operator on the Channel Islands.
Towergate Scotland appoints MD
Towergate Insurance in Scotland has appointed Gordon Crosbie as managing director of its Perth and Stirling businesses.
Giles plans flotation after MBO
Giles Insurance Brokers aims to float on the stock market by 2009, its chief executive said after it completed its £45m private equity-backed management buyout this week.
Giles confirms £5m CBG offer
Giles Insurance Brokers has confirmed that discussions are underway with CBG concerning a possible offer at a price of 32p per share in cash for the entire issued and to be issued share capital of CBG.
Giles approaches CBG over potential purchase
CBG has issued a statement confirming an approach from Giles Insurance Brokers.
Lorica targets leisure parks with niche team
Lorica Insurance Brokers is aiming to build its multi-niche offering by expanding in the leisure sector, after taking on two specialists from JLT. Paul Brearton, who left JLT last September, and Robert Kluth, who is finishing his gardening leave, join…
Solicitors' professional indemnity: Turning off the life support
Potential sweeping changes to the solicitors' professional indemnity market could see the controversial assigned risks pool scrapped. Jakki May investigates the effect on qualifying insurers hoping to turn a profit.
Oamps acquisition heralds push into specialist schemes
Oamps has kick-started its plan to expand in the UK insurance market through the acquisition of new teams, after taking over Giles Insurance Brokers' life science business.
McLaren Stewart appointed to new director role at Giles
Giles Insurance Brokers has appointed John McLaren Stewart as UK sales director.
Giles wins two stars in customer service assessment
Giles Insurance Brokers has been awarded an 'outstanding' two-star rating in its first independent assessment on customer service.
Broker IPOs: Who dares wins
Broker IPOs keep the rumour mill active but very few actually occur. Rachel Gordon finds out why this is and looks at which companies are most likely to pursue the public route.
Oamps sets sights on UK expansion
Oamps has confirmed its acquisition of the book of the life science and associated business from Giles Insurance Brokers as part of a strategy to grow its UK business through the acquisition of new teams.
Giles sells life sciences book to Oamps
Giles is understood to have sold its life sciences business to Oamps Special Risks.
Career development & CSR: Giles in the Community launched to co-ordinate charitable efforts
Giles Insurance Brokers has launched an initiative to encourage staff involvement with charitable and voluntary organisations in the communities in which they operate.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Giles rebuffs claim that growth dependent on acquisitions
Giles Insurance Brokers has stated its growth "does not depend on acquisitions" as it recorded an operating loss of £6.5m (2009: £8.4m profit) for the year ended August 2010.
Giles reports 2010 loss of £37m
Giles made a loss of £37.11m in the year to 31 August 2010, according to accounts filed with Companies House this week.
Pearson joins Oamps
Former Giles Insurance Brokers retail managing director Howard Pearson has joined Oamps' UK operation as divisional broking director.
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.