Broker
Aon-NFP deal clears key hurdle in US
Aon’s $13.4bn (£10.6bn) purchase of NFP has passed a crucial test in the US, with the transaction still expected to close in the middle of this year.
April leaders on moving into UK with Lexham buy
Moving into the UK with the purchase of Lexham is part of a plan to build Europe’s premier two-wheels specialist broker, rather than the start of a buying frenzy as a new consolidator, April Group leaders have confirmed.
Blog: UK SME cyber resilience – let’s reverse the backwards trajectory
Ian Summerfield, head of cyber at Pen Underwriting, on how brokers and providers must work together to move the dial of SME cyber insurance.
FCA survey outlines broker Consumer Duty performance and room for improvement
The Financial Conduct Authority has released the findings of a survey of 634 mainly SME firms, including 82 personal and commercial lines intermediaries, on compliance and action taken in response to the Consumer Duty.
Brokerbility becomes first network to join Insurtech UK
Brokerbility has become an associate member of Insurtech UK, the first broker network to join the community.
Has cyber reached a tipping point with new entrants and incumbent product pushes?
Against a backdrop where the Financial Conduct Authority has warned the cyber insurance market over its concerns on policy wordings, a recent survey has found over one-third of brokers are still not selling this product. Siân Barton mulls whether a raft…
Partners& adds two brokers in Midlands
Partners& has snapped up Monaco Insurance Services and Church Side Insurance Services to boost its presence in the Midlands.
Ex-Aviva boss Andrew Moss joins Brown & Brown (Europe) board
Former Aviva group CEO Andrew Moss has joined the board of Brown & Brown (Europe).
Tint’s Jodi Cartwright on shifting the customer acquisition timeline
Tint Financial Services is targeting going live with broking before the end of the year with the goal of becoming an award-winning broker, chief commercial officer Jodi Cartwright has confirmed.
Start-up broker partners with Agile on fleet claims app
Agile Developments Group has partnered with brokerage Hummingbird Insurance Services to deliver the Agile claim app, portal and dashboard tailored to meet the needs of its fleet clients.
Buying or selling an intermediary: Lessons from the front line part 2 – Tax
In the second of a three-part series on broker M&A, Mark Ellis and Tom Golding, both partners in PFK Littlejohn’s Tax team, identify some of the most common tax-related pitfalls that broker leadership teams should look out for during the acquisition…
Insurance surge of 28% drives 2023 revenue growth at Moneysupermarket
Aggregator Moneysupermarket grew insurance revenue by 28% to £220m last year as group revenue rose 11%.
Mathews on his trust and growth mission at SSP
The foundations have been laid at SSP and with a programme of enhancements to roll out in 2024, the software house is confident of delivering for customers on the road to user growth next year, according to Martyn Mathews, managing director of SSP Broker.
Brokers told to act now over BT Redcare closure
Brokers should alert clients about the closure of BT’s Redcare signalling system next year, and need to find an alternative supplier as soon as possible to avoid “installation bottlenecks”, insurers have warned.
Profile: Kelly Ogley, Howden – Growth strategy
Kelly Ogley, CEO of Howden Consumer and Local Commercial, outlines the firm’s growth strategy and urges women to back themselves.
People Moves: 12 – 16 February 2024
Keep up to date on the latest personnel changes in insurance.
News analysis: Employee ownership – how does it work for brokers?
Towards the end of 2023, Thomas Carroll became the latest broker to become employee-owned. Ida Axling looks at the benefits of the model for intermediaries and how the sale of Ten to Acrisure busted one myth that they cannot be sold.
Interview: Matt Pawley, NFP
NFP’s Matt Pawley reflects on record levels of M&A, organic growth, brands and business as usual as the Aon deal looms.
Enness Global targets HNW insurance
Enness Global, the firm of international advisers and mortgage brokers for high-net-worth individuals, has launched a range of insurance services through Enness Insurance Brokers.
How AI can help brokers overcome the fear and frustration of compliance in 2024
With compliance costs on the up, brokers need all the help they can get to address this regulatory burden. FullCircl's Ashleigh Gwilliam, and David Sparkes of the British Insurance Brokers’ Association, outline the benefits of a data-drive approach to…
Allianz creates financial lines claims team in D&O and PI push with brokers
Allianz has created an in-house financial lines claims team covering mid-corp and SME firms, focusing on directors & officers and professional indemnity business.
GI & Protection accounted for 4% of FCA financial promotions cases in Q4
The Financial Conduct Authority intervened to get 10,008 financial adverts and other promotions withdrawn or changed in 2023, a year-on-year rise of 17%.
TBIG takes stake in Jenkinson Insurance and Penk Insurance
The Broker Investment Group has taken a 49% stake in both Rotherham-based Jenkinson Insurance and Chesterfield-based Penk Insurance.
Acturis seals personal lines win with First2Protect
Acturis has partnered with home, landlord and tenant insurance broker First2Protect after a competitive tender process.