Start-ups
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.
Start up MGA Aspen Risk Management signs up second underwriter
Managing general agent Aspen Risk Management has unveiled its second underwriting partner.
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
Interview - Karen Ellis: One's formula for success
With the management buyout of motor sport specialist Ellis Clowes & Company from THB, Karen Ellis has certainly made her mark. She talks to Amy Ellis about remaining in pole position in its niche.
Three factors shaping insurance start-ups in 2011
London market specialists Northdoor has identified three key factors that will shape the start-ups market in 2011.
Former Xbridge boss Deacon plots online return with Primary
The former boss of online commercial insurance broker Xbridge Tony Deacon is poised to return to the market with a similar venture, after his new business received the regulatory green light just before Christmas.
Cullum: CBE is testimony to all staff
Towergate's charity work is part of the company's "corporate DNA" according to founder and chairman Peter Cullum, who has been made a Commander of the Order of the British Empire in the Queen's New Year honours list.
FSA authorisations taking 'twice as long' as last year, says law firm
The length of time it takes the Financial Services Authority to grant firms permission to expand their businesses has more than doubled in the last year.
Barbican wins approval to act as a Lloyd's managing agency
Barbican has obtained conditional approval from Lloyd’s and the Financial Services Authority to act as a managing agency at Lloyd’s.
Caribbean $300m reinsurance start-up targets 1 January 2011 launch
Barbados-based Aliseo Reinsurance SCC today announced its entry into the global retrocession market with an initial capitalization of $300m.
Momentum aims to help broking start-ups
A former managing director at Oval is set to target disgruntled account executives within consolidators through the launch of a start-up.
Ex-Marsh and Oval MD Pepper back with new venture Momemtum
Momentum - a support and development service for new and existing brokers - has been launched by the ex-MD of Oval Insurance Broking, Howard Pepper.
Ten unveils new operating model
Independent broking network Ten Insurance has unveiled a new operating model which will allow its members to retain up to 75% more commission.
Interview - Ray Cox: True Brit
Brit may have taken its time in naming a new UK CEO, but now Ray Cox is in place he tells Jonathan Swift he is eager to build on his forerunner's legacy.
Norwegian P&I Club gets Lloyd's green light for new syndicate
R&Q Managing Agency has announced that it has received approval from Lloyd’s to form a new syndicate on behalf of Assuranceforeningen Skuld, the Oslo headquartered P&I Club.
Besso's Gladstone launch is timed for new wave
Intermediary Besso has revealed it timed the launch of its managing general agent to coincide with a new wave of MGAs in the London market.
Equinox reveals plans to go global
Start-up trade credit managing general agent Equinox Global has outlined plans to move into Europe, Asia and the US, following its official launch this week.
Meehan: I may go back into broking, or even a start-up
The former Axa customer experience director Paul Meehan has revealed he will bide his time before deciding what he wants to do having left the insurer last week.
Meehan could return with broker start-up
Paul Meehan is considering his options after exiting Axa Insurance just over two years after he was recruited by former chief executive Philippe Maso as customer experience director.
Esure reveals earliest date for an IPO will be 2014
The founder and chairman of direct insurer Esure Peter Wood has revealed that 2014 is the earliest that it will launch an initial public offering.
Interview - Patrick Snowball: Turning the light on at Suncorp
When Patrick Snowball headed to Brisbane to take the reins at Suncorp, many in the UK industry were surprised. Jonathan Swift finds out why he took this particular job offer and his plans for his tenure.
Start-up taps into insurer PI claim fears
A new legal process outsourcing firm is in trials with "a number" of insurers and brokers to capture third-party personal injury claims.
Delta's new expansion plans take it south
Delta Claims Services is set to extend its presence to the south of England, while hinting at a move into the property market.
Double venture heralds return of Lord Sheikh
Lord Sheikh is set to return to the market with two new public limited companies.