Consolidators
Fitch downgrades Towergate bonds
Fitch Ratings has downgraded Towergate’s senior bonds owing to a slow turnaround in the business.
Towergate ‘awash’ with opportunity following Marsh’s Bluefin acquisition
Towergate is “awash with opportunity” following the acquisition of Bluefin by Marsh, its CEO David Ross said.
Broker investments: What makes the sector so appealing to private equity?
There have been a string of investments in the insurance broking sector over recent years – from refinancing to MBOs. Just what is it about the market that makes it so attractive to private equity?
PMI consolidator Chase Templeton completes fourth 2016 acquisition
Private medical insurance consolidator Chase Templeton has completed its fourth acquisition of the year with the purchase of Wellbeing Health Insurance.
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
Broking M&A boom predicted as private equity appetite grows
Report reveals UK dominance of European insurance deals
Interview: Brent Escott: Change for the better
Brent Escott has seen it all, with his 20-year career covering most areas of the insurance industry. So did becoming CEO of under-fire Card Protection Plan faze him? Not a bit.
Expertise in Action: Broker: Standing out
In an increasingly competitive marketplace, brokers can gain an edge by specialising in niche areas and strengthening their regional focus
Career file: Simon Trott - Sales and service CEO Trott exits Towergate
Towergate sales and service chief executive Simon Trott has left the consolidator after 10 years at the firm.
Towergate network division has “gone backwards” admits Hodges
Towergate chief executive Mark Hodges has conceded that the broker’s network business has "gone backwards" this year, despite being bullish on the future of the division.
Consolidators: Dead or alive?
Critics say the consolidation model is unsustainable, while its proponents argue it is yielding admirable results during difficult economic times. So, are consolidators heading into the future fighting fit, or are they falling apart?
Career file - Ryan Brown: Towergate recruits investment banking specialist
Towergate has hired Ryan Brown to replace outgoing mergers and acquisitions director Dan Saulter.
Oval and Giles management changes sign of wider consolidator shake-up
The change at the top at Oval has been a "long time coming", it was claimed this week, during a 24-hour period that saw another shake-up at rival consolidator Giles result in managing director Sarah Lyons being placed "on leave" amid "contractual issues".
Post magazine – 22 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Oval shake up sees Blanc take CEO role from Hodson while Herdman leaves
Broker consolidator Oval has confirmed that Peter Blanc will take over from Phillip Hodson as group chief executive.
News analysis: Groupama UK up for sale — but who will buy the group?
Will Groupama be sold lock, stock and barrel or broken into an insurer and its broker parts?
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Broker networks: New kid on the block
As Brokerdrive arrives on the scene, the debate over the merits of the traditional network model is revisited.
Marketing: The power of advertising
Effective marketing can be a tough challenge for financial services providers and having a strong presence is not enough, it must also resonate with customers.
Technology: Time for an upgrade
The insurance industry has been out of step with technological advancement in the past, but can it break that trend in the future?
A&A seeks CEO before Euro push
Non-standard motor broking specialist A&A Group has outlined ambitious plans to expand its European footprint, ahead of a potential cash injection.
Bluefin looks to become ‘consolidator of choice’
Bluefin has staked its claim on becoming the consolidator of choice as it sets out to beef up its existing 54 offices in the UK after getting extra backing from its insurer parent.
Interview - Rob Brown: The best job in the market
Despite being one to shun the limelight, Rob Brown, chief executive of Aon UK, has no qualms about answering his critics over the firm's carrier charge and contingent commissions, admitting he is pleased with progress to date. Daniel Dunkley reports.
News analysis - Mark Hodges' move: A little bit of history repeating
With the shock news that Mark Hodges is to join Towergate, Daniel Dunkley reports on the market's reaction and what this means for Aviva and the consolidator.