Networks
Lloyd's & London market - Compliance burden: The cost of compliance
With the UK the most costly European country for regulation, could UK-domiciled Lloyd’s and London market brokers really become an endangered species?
Willis announces Broker Direct network tie up
Willis Networks and Broker Direct, through its commercial insurance solution Our Network, have entered into a strategic alliance that will allow their respective members access to the services and facilities of the other.
1 Answer Insurance and 1 Answer Network set up office together
1 Answer Insurance is to share purpose-built premises with 1 Answer Network in a move the company directors’ hope will enable the firms to benefit from economies of scale and greater expansion options.
EIS French broker links sealed CBL aquisition
The multi-million dollar acquisition of London-based underwriting agency European Insurance Services was part of a strategic purchase by credit insurer CBL Group to gain access to a network of almost 500 French brokers.
Muir ups One Answer Network stake with Optimas share purchase
Paul Muir, managing director of One Answer Network, has purchased the 38.57% holding of Optimas Insurance Group, signalling the latter's exit from the UK insurance market.
MYI forms joint venture in India
McLarens Young International has opened a full service loss adjusting network in India.
Brokers warned networks no panacea
Moves by brokers to mitigate the effect of economic uncertainty by joining networks is likely to increase over the next few years.
Willis looks to enhance alliance relationships with insurers
Over 100 Willis commercial network members are expected to attend the annual forum of Willis Group Holdings’ which today in Alicante, Spain.
Broker focus - lead generation: follow the leader
Many brokers would not be able to survive without high volumes of lead generation but what form produces the best results? Trevor Cutts assesses the options and factors to consider.
Westinsure reveals SME insurer deals
Broker network Westinsure has secured a range of SME deals with insurers for members that currently transact more than £100m of business in the sector. The new deals are designed primarily to cover package and small combined products and offer a…
Westinsure launches SME initiative
Broker network Westinsure has launched an initiative to create a range of SME deals exclusively designed for its members, providing a combination of bespoke policy wordings, tailored service proposition and competitive ratings.
Perseverance prepares to exit UK insurance market
Perseverance, the Gibraltar-based former owner of KGM, is set to dispose of one of its remaining assets in the UK insurance market, Post understands, following negotiations to sell its stake in One Answer Network.
Erwin: growth to come from broking firm uncertainty
Westinsure's incoming chief executive Norrie Erwin has said regulatory uncertainty in the broking sector will boost the firm's growth.
Willis appoints new commercial and networks boss
Willis UK & Ireland, has appointed Brendan McCafferty as managing director of its commercial and network businesses.
Broker Network and Countrywide adds new members
Intermediary network Broker Network and Countrywide has added 19 new members in 2011 to date.
Westinsure signs six new members
Westinsure has increased its membership by six so far this year.
One Answer Network targets continued growth
One Answer Network has targeted gross written premium of £150m by the end of the year after surpassing the 50-member mark this month.
Cullum backing bodes well for industry
I was personally delighted to see the news that Towergate Partnership has completed its refinancing and secured the investment from Advent International.
One Answer Network adds Lorega LRI to product offering
One Answer Network has added Lorega loss recovery insurance to its suite of commercial products.
Purple signs 50th member
The Purple Partnership has reached its 50th member with Sheffield-based Fletcher Smith Insurances.
LAS aims to treble its market share by 2013
Claims management firm LAS has pledged to treble its share of the drainage claims market by the end of 2012.
Interview - Sarah Lyons: What next for Giles?
Having joined the industry as a school leaver, Sarah Lyons is now group MD of Giles. She explains to Mairi MacDonald why growth, rather than exit plans, remains top of her agenda.
Postbox: Conditions are right for new start-ups
We support the view that market conditions suit the emergence of new start-ups of both insurers and brokers
Power Place gains first broking network customer
Power Place has added 1 Answer to its client list – the first broker network to sign up to the service.