Networks
Broking Supplement: Networks - Joined-up thinking
Networks may give a bigger voice to small and medium-sized brokers - but after 20 years is the model still valued by insurers?
Axa launches tradesman policy on Power Place
Axa Commercial Lines has launched its tradesman and professional policy on Power Place.
Moody’s downgrades Towergate after patchy 2012 financial results
Towergate’s financial results for 2012 have revealed vastly divergent performances among its four main insurance divisions, ranging from a 24% year-on-year drop in earnings in its network arm to a 17% rise in underwriting earnings.
Ten prepares to bolster membership following profitable Q1
Ten Insurance has chalked up first quarter gross written premium growth of £5.9m, representing an average rise of 23.4% for the opening three months of the year.
Brokers Link hires employee benefits expert to head up new practice group
Broking network Brokers Link has launched a global employee benefits practice group and appointed Gerard Baltazar as its first chairman.
Broker networks called into question after Aviva ends Willis relationship
Willis Networks’ remaining insurer partners have pledged support for the business despite broker concerns that insurers will exit network relationships as part of their pursuit of profitable commercial lines business, after it was confirmed it will sever…
Aviva: We are not anti-network
Aviva is confident it will not lose out on any relationships with individual brokers after it breaks ties with Willis Networks, according to the insurer's director of broker distribution, Phil Bayles.
Willis Networks and Aviva confirm panel split
Willis and Aviva have mutually agreed that Aviva’s participation as an insurer panel member for Willis Networks will not be renewed upon expiry of the current agreement on 31 December.
One Answer Network snaps up Broker Drive
One Answer Network has acquired Broker Drive, in a deal which will see the network increase its membership base to well over 200.
Marsh strengthens UK networks operations
Marsh has announced three appointments in the insurance placement team of its UK networks, which focuses on developing products and services for members of its networks.
Giles adds five brokers to network arm
Five brokers have joined Ink Underwriting's new network proposition, Compass Broker Services, so far this month.
European View from the Top: Meeting the challenge
Independent brokers need to address many challenges in a global environment, says Jose Manuel Dias da Fonseca.
Mass chairman responds to Dispatches motor insurer claims
Motor Accident Solicitors Society chairman Craig Budsworth has suggested that the Competition Commission looks into whether insurers are authorising motor repairs to be done to unequal standards depending on whether they are at fault or not.
View from the Top: Premature death notice for networks
Contrary to popular belief, broker networks are thriving domestically and internationally, says Brendan McManus.
Jelf to set up managing general agency as it pays maiden dividend
Jelf is to set up a managing general agency offering products to members of its Purple network as the company plans its first acquisitions in five years.
View from the Top: Difficult break-ups
Expect more insurers to terminate relationships with partners that yield insufficient returns, says Karen Hogg.
Broking network Ten Insurance signs up two new members
Independent commercial brokers network Ten Insurance has signed up two new members in the form of Professional Indemnity and Pure Risks.
Can Germany's local brokers serve global firms?
After calls for the German insurance market to open up to the international market, Francesca Nyman asks whether it could really support new business from this quarter.
BrokersLink offers supply chain risk advice
International broker network BrokersLink has launched a supply chain risk management service for its members.
APC brings in northern development boss
Commercial insurance underwriting agency APC has appointed former Singers Asset Finance development manager Neil Jenkinson to fulfil a similar role in the firm's northern operation.
Autonet welcomes new motor dealer to affiliate network
Van insurance broker Autonet has unveiled a new affiliate partner collaboration in a deal that will see Perrys Group join the firm's networking scheme.
Willis attracts 12 new network members
Willis has attracted 12 new members to its UK broker networks.
Giles to launch new network next month
Giles is gearing up to launch a new network proposition for brokers, which will be headed up by Cobra's former network and London market managing director John Lincoln.
Houghton joins JM Glendinning
Nick Houghton, who stepped down as managing director of Broker Network last week, has joined Broker Network member JM Glendinning as MD.