Broker
News analysis: Why do brokers need to care about the FCA focus on D&I?
A recent letter from the regulator could indicate that it wants to widen its remit to include diversity and inclusion. Should brokers be worried? Martin Friel reports.
People Moves Round-up: 27-31 January 2020
Keep up to date with the latest market moves.
H&R Insurance Services buys APL Insurance Services
The deal was for an undisclosed sum and concluded at the end of 2019.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Saga looking at performance and cost efficiencies
Provider states 60% of new customers are choosing its three-year fixed price product as it publishes trading update for the last six months.
Aston Lark buys Isca Barum in first deal of 2020
Smallholding and farm insurance specialist brings £5m of GWP and 20 staff to Aston Lark.
Les Brewin to exit Marsh-owned Purple
As Brewin is set to retire no replacement has been announced for the network which became part of Marsh following its 2015 Jelf acquisition.
Blog: How does the SM&CR approach misconduct?
Nick Wilcox and Rolleen McDonnell of law firm BDBF examine where brokers may fall foul of the latest regulation to hit intermediaries.
Graham Coates joins Romero as NED
The former Axa and Bluefin director remains in his role at broker Hamilton Fraser.
Andy Fairchild leaves Jensten Group
The former Broker Network CEO joined Jensten (formerly Coversure) in July last year.
Lloyd’s appoints whistleblowing champion
Angela Crawford-Ingle has joined the board of the Audit Committee as Bruce Carnegie-Brown says Lloyd’s is committed to encouraging an open culture.
Wentworth Alexander swaps SSP for Applied Epic
The business is planning to create a self-service portal and mobile apps for staff and customers.
The Blog Spot: Breaking barriers to insurance
As Biba focuses on improving access to insurance in its manifesto, commissioning editor Laurence Eastham considers where changes will occur in 2020.
Ecclesiastical launches wellbeing guidance
Head Lines: The provider has produced a series of videos to help brokers manage stress.
Searchlight believed to be final party in discussions with GRP – reports
GRP has been exploring sale and reinvestment options since last summer.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.
Blog: Reading the tea leaves is a mug’s game
Sharon Bishop, CEO of Close Brothers Premium Finance, discusses how technology will free brokers up to do what they’re good at and urges the sector to increase its focus on diversity and inclusion.
Hyperion and JLT Specialty settle lawsuit
The settlement relates to a team move with 47 staff moving from JLT Specialty to Hyperion.
Biba goes green for 2020
Trade body has announced a raft of initiatives to support “ethical and sustainable trading” as part of its manifesto.
People Moves Round-up: 20-24 January 2020
Keep up to date with the latest market moves.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
CMA urges regulators to put "strong remedies" in place to end loyalty penalty
Government body welcomes the FCA's proposition to ban dual pricing as it publishes update a year on from the Citizens Advice super-complaint.
By Miles receives FCA ‘open banking’ licence
InsurTech will be able to access the financial data of consenting customers.
Hyperion reveals £300m spending pot and multiple deal wish list
CEO David Howden says revenue and GWP increases for 2019 were driven by organic growth as the broker reveals it is looking at 20 acquisition targets.