Insight
GRP’s County Group buys again in Wales
Global Risk Partners-owned County Group has bought 100% of the share capital of Archenfield Insurance Management in Wales.
Biba extends electric vehicle GAP scheme
The British Insurance Brokers’ Association has approved an extension to its exclusive GAP scheme with Jackson Lee Underwriting to include the recently launched electric vehicle early termination cover.
Zurich opens regional office for East Anglia in Chelmsford
Zurich UK has moved to strengthen its relationships with brokers by opening a regional office in Chelmsford to service the East Anglia area.
People Moves: 11 - 22 April 2022
Keep up-to-date with the top personnel stories on Insurance Age.
Scotland a key part of Partners& strategic vision
The organisation is planning to grow its presence in the region following the deal with Macdonald Group.
AbbeyAutoline buys BMG Insurance
Portadown-based BMG Insurance is to be acquired by AbbeyAutoline for an undisclosed sum.
FCA staff vote to strike
Unite the union representing staff at the Financial Conduct Authority (FCA), announced yesterday (12 April) that staff at the regulator had voted in favour of industrial action.
Bruce Stevenson opens fifth branch
The Scotland-based business has opened an office in Perth as it eyes expansion in the region.
JMG enters Scottish market with joint ownership deal
The JM Glendinning-parent has moved into the Scottish market and will support a management buyout deal at Greenwood Moreland which is headquartered in Hamilton.
UK Broker Awards: Entries now open
The UK Broker Awards, which takes place on 16 September at The Brewery in London, is open for entries for 2022.
Clive Galbraith steps down as chair of Green Insurance
Clive Galbraith has stepped down as chairman of Green Insurance Group but will be staying on with the broker on a part-time basis, Insurance Age can reveal.
Needham Insurance buys Sheffield broker
Needham Insurance Services has bought Baldersons Insurance for an undisclosed sum.
Broker revenue falls at the AA
Revenue from broking activities fell to £100m for the year to 31 January 2022, the AA has revealed.
Extinction Rebellion blockades Lloyd’s
Climate protestors have used superglue, chains and bike locks to block 25 entrances into the iconic Lloyd’s building on Lime Street in London.
Howden buys SPF Private Clients
Howden has signed-up to buy SPF Private Clients for an undisclosed sum, subject to regulatory approval.
Broking Success: Driving ahead with service
Mark Wilkinson, managing director of Norton Insurance Brokers, explains the history of the firm with its specialist classic car and motor trade brands setting out the road ahead with an expanded offering focused on personalised service
Iprism posts increased profit in run-up year to MBO
Iprism Underwriting Agency has reported a 9.7% increase in profit for the year ended 30 June 2021.
Konsileo receives Chartered status
Konsileo has achieved Chartered status from the Chartered Insurance Institute, Insurance Age can reveal.
Biba develops trade credit guide
The British Insurance Brokers’ Association has launched a new guide explaining the need for, and the benefits of, trade credit insurance.
FCA warns on broker clone
Colin Halliday, managing director of Trade and Commercial Broking Services, has praised the work of the Financial Conduct Authority and Ten Insurance after being targeted by a clone website.
Blog: Sanctions screening and responsibilities of UK insurance brokers
It’s critical for brokers to understand and manage sanctions screening and anti-money laundering compliance to avoid possible penalties, including fines, reputational damage and potential imprisonment for senior decision makers, says Paul Tasker CEO of…
Konsileo grows staff to 75
Konsileo has doubled the size of the team and now controls around £25m in run rate gross written premium and is looking to grow further in 2022 with a fresh funding round set to close soon.
Experts dissect FCA three-year strategy
The Financial Conduct Authority’s three-year strategy has “a number of headlines for all financial services firms” according to Michael Sicsic, managing director of Sicsic Advisory.
Lords Committee calls for “a broader reassessment of regulatory culture”
The Industry and Regulators Committee has outlined concerns about proportionate regulation in the London Market in a letter written to the Economic Secretary to the Treasury, John Glen MP.