Headline makers - September 2021
The hottest stories on www.insuranceage.co.uk, the month in numbers and quotes from the biggest news stories of the month
The top 5 most readThe hottest stories from 1 July to 25 August 2021 on www.insuranceage.co.uk
Former Allianz employee sentenced for stealing £67,000 from insurer
Rasheed Talabi, 34, of Hombury Grove, Croydon, London, has been found to have abused his position at Allianz and sentenced for stealing £67,499.88 from his employer then fleeing to the United States.
www.insuranceage.co.uk/7544856
UK boss Middle lifts lid on Ageas’s restructure and job cuts
Ageas’s Ant Middle and Adam Beckett
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JMG in quadruple deal swoop
JMG has snapped up four brokers, adding additional expertise in high-net-worth, commercial, motor trade, technical and specialist consultancy services to the Yorkshire-headquartered group, Insurance Age can reveal.
Polaris at 30 – managing director Vivek Banga
Ahead of a week-long ‘Polaris at 30’ series Insurance Age caught up with managing director Vivek Banga to run the rule over the history of e-trading developments and what is coming next for brokers.
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FSCS gives first insight on increasing levy to £394m
The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.
News analysis: Acquisitional independent brokers are on the rise, but are they any different to consolidators?
Whilst larger international and private equity backed-brokers might get the most headlines when it comes to mergers and acquisitions, they are not the only firms looking to buy. Martin Friel looks at the emergence of a host of smaller independent companies which are looking to supplement their organic growth with the odd dabble into M&A.
Close Brothers bringing in written consent rule on commercial broker premium finance commission
Close Brothers will require consent from commercial customers for broker commissions for premium finance as of Monday 25 November.
Konsileo seals £8m fundraise
Top 100 insurance broker Konsileo has completed an £8m fundraise to accelerate its expansion across the UK, Insurance Age can reveal.
JM Glendinning Real Estate expands footprint into London
JM Glendinning Real Estate is growing its team and geographic footprint with a new base in London this month.