Consolidation
C-Suite - Insurer: Which way now?
The market is in transition and will continue to change – it’s an exciting time to be in insurance.
SME ambitions behind Marsh interest in Jelf but integration remains an issue
Marsh’s potential acquisition of Jelf would allow the global broker to realise its SME ambitions and extend its regional presence, according to industry insiders who have warned the possible integration process must be handled carefully.
Cost-cutting and consolidation among insurers predicted for 2015
Scattered reductions in profitability and organic growth over the course of last year will trigger more consolidation and cost-cutting measures among insurers in 2015, industry experts have claimed.
Novae tipped as next listed player to be sold as Lloyd's consolidation hots up
Pressure on profitability in the Lloyd’s market has been cited among the main drivers for consolidation by analysts, with Novae tipped to become the latest listed player to be snapped up.
Ten looks back at the past decade
The financial crisis, broker consolidation and the rise of e-trading - Ten's Malcolm Lee looks back at the years since the company opened its doors
Blog: State of the Broking Nation Findings, Week 3
LV's Mike Crane looks at the issues raised by this week's State of the Broking Nation research, which canvassed broker opinion on networks and consolidation
Video: Allianz Commercial general manager Simon McGinn (Part Two)
In the second of two videos Allianz Commercial general manager, Simon McGinn discusses how his business plans to connect with brokers to help it achieve its objectives, and what concerns he has over renewed levels of consolidation among intermediaries.
C-Suite - MGA: Small can be beautiful
There are clear benefits in staying small, rather than blindly rushing to consolidate.
2014 tipped to see consolidation surge as sector’s M&A appetite increases
Regulatory certainty, soft market and economic recovery make deals likely.
C-Suite: What does 2014 have in store?
While last year can be regarded as a good one for some, difficult times could lie ahead for brokers.
Insurers say consolidation is behind CMC decline as they back clampdown plans
PI claims management firms decrease by 38% between April and September.
Cullum’s consolidation credentials face test as he joins Penta in backing GRP
Global Risk Partners warned it must adapt quickly amid market uncertainty.
Editor's comment: Harvest time in EC3?
The UK recently celebrated the Harvest Festival, a time when the growing season has finished and the mature crops have been gathered successfully, ready to feed hungry mouths over the cold winter months.
High Street Brokers: Word on the street
While many had expected the increase in alternative methods of buying insurance to signal the demise of high-street brokers, they are still going strong. What are they doing right?
Legal Market: Joining forces
Mergers and acquisitions in legal markets show no sign of abating. But what is behind the desire to consolidate law firms, and what does it mean for the insurance industry?
View from the Top: You can’t keep a good broker down
With the British Insurance Brokers’ Association conference taking place this week it seems appropriate to consider the sheer resilience of the independent broking sector in the UK market.
View from the Top: Because we’re worth it
Forget the naysayers, brokers play a crucial role in the relationship between insurers and policyholders, says David Ross.
Smaller brokers have nothing to fear from Financial Conduct Authority
An ageing workforce rather than more stringent regulation is likely to drive consolidation of smaller brokers in the year ahead, according to market experts.
Kwik Fit helps staff find new roles ahead of Glasgow consolidation
Kwik Fit Financial Services will press ahead with consolidating its insurance business in Glasgow, after revealing that the majority of the 170 employees affected by the closure of its Birmingham office have secured new positions.
MENA insurance market needs less fragmentation
The future of the Middle East and North Africa insurance market remains bright, but local insurance companies must transition from fragmented companies to become national champions, according to a survey.
Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Editor's comment: Consolidation casualties coming?
The specifics of what went wrong at North West personal injury firm Donns - forcing it into administration at the cost of 42 jobs, while 2500 cases were still in progress - will remain the subject of speculation for some time.
View from the Top: An illusion of choice
With no sign of a turning market, a bout of consolidation looks on the cards
Editor's comment: Speculation turns into action
The chatter around ‘Tesco Law’, alternative business structures and law firm consolidation appears to be getting louder each week as another eye-opening deal is unveiled to the media.