News
Kingfisher tipped to sell Fresh brands to Right Choice amid court battle
Kingfisher (formerly Vantage) bought Fresh in 2018. The sale follows Kingfisher taking the Fresh-sellers to court alleging it had been “induced to enter into the purchase by fraudulent misrepresentations made by and/or on behalf of the warrantors”.
Atlanta snaps up Be Wiser
Move follows redundancies and a number of management exits at Be Wiser and will see the personal lines broker operate alongside Swinton, Autonet, Carole Nash and Marmalade.
Aston Lark buys O’Loughlin Insurance Group in Ireland
Aston Lark Ireland CEO Robert Kennedy says further acquisition announcements are "imminent" as broker makes its second Irish deal of the year.
Ardonagh Specialty reveals capacity deal with Beazley
Business says cross class follow capacity solution will benefit Price Forbes clients across cargo, specie, terrorism, financial products, healthcare and marine.
Allianz offers free legal line for commercial customers
The insurer’s 24/7 telephone service can provide guidance on any business-related legal matter, from employment law to debt recovery and property disputes, as well as advice on Covid-19 related legislation.
MHIB and Biba launch largest ever insurance mental health survey
Head Lines: The survey will benchmark the health of people working in the insurance sector for the first time.
Acturis buys Brovada from Willis Towers Watson
Deal is the software house's second in the Canadian market.
SSP confirms job cuts as CEO Stephen Lathrope exits
CTO Kevin Gaut and COO Jim Sadler have also left the software provider, following the recent sale of SSP to Volaris Group.
Google: Why brokers are "key enablers"
Insurance Age meets Dr Henna Karna, who heads up reinsurance and risk management solutions at Google Cloud, to learn more about Google's insurance plans and discuss the future for brokers in a tech dominated landscape.
Xenia buys West Midlands-based trade credit broker
The Nexus-owned business says Credit Insurance Alliance Brokers will be integrated with its Credit Risk Solutions unit.
Analysis: The future of the networks model
Following on from GRP's surprise purchase of Marsh Networks, Martin Friel investigates how consolidation is changing the networks landscape.
BLM launches cross-industry property damage body to combat claims surge
The industry-wide property damage Task Force is meant to bring insurers, brokers, loss adjusters, legal specialists, and corporates together to identify emerging issues in the property claims sector.
1st Choice opens office in Willenhall
The Shrewsbury-based broker hopes to generate more business and create more jobs in the area as it expands across the West Midlands.
FCA data reveals progress as insurers settle Covid-19 BI claims
Updated figures show providers have made interim payments of £247.7m and final settlements of £352.1m since the Supreme Court verdict, but 12,217 policyholders are still waiting to hear whether their policies provide cover or not.
Blog: Could Aviva ever dominate the high net worth market?
Private client expert, John Sims, considers how composite providers have fared in the competitive HNW space as Aviva sets its sights on the market.
People moves: 12-16 April 2021
Stay up-to-date with the latest personnel changes in the world of broking and insurance.
Partners& buys Nottingham-based broker
Business says deal for IFM Select supports its strategy to build its presence in the Midlands.
Brokers may be failing to report misconduct
Sicsic Advisory says that only 1% of brokers reported conduct rule breaches in the last year and warns they may not have robust processes in place to capture and report issues.
Former Tesco Bank boss, Benny Higgins, joins Markerstudy
Higgins comes on board as group chairman
Mulsanne accuses Marshmallow of stealing trade secrets in court battle
Mulsanne says it has suffered loss and damage of at least £39m, as judge orders Marshmallow to disclose information relating to the case.
Clear targets net zero carbon emissions by 2030
Firm claims to be the first broker in the UK to set this commitment through the Science Based Targets initiative.
Acturis partners with the RAC for breakdown cover
Acturis brokers can now access RAC Breakdown products for a range of vehicle types on either a standalone or add-on product basis.
Interview: A niche focus
Insurance Age meets the team at specialist managing general agent Avid Insurance.
GRP spent £60m on 18 deals in 2020
Consolidator's financial results for the year ended 31 March 2020 show a pre-tax loss of £23.4m, but rising turnover and a 42% boost in operating profit.