News
Close Brothers wins Swinton account in £60m deal
Move seen as first step in Ardonagh “monetisation” strategy.
Aviva Community “not a reaction to consolidation”
Phil Bayles denied that the Community, for brokers with under £1m GWP, had been set up to face off consolidators and networks.
Quizzical questions: 5 October 2018
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Aviva launches "Community" for small, independent brokers
Aviva Broker Community is set to offer same day response times, discounted compliance packages and free learning tools and the club will be chaired by former Aston Scott CEO Andrew Scott.
Brokers question RSA's future after losses
Market experts predict more insurers will follow in RSA's footsteps and pull back from unprofitable business lines.
No deal on the table, confirms Mistry
Brokerbility boss says 13 organisations want to speak about buying in.
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Swinton reveals £32m loss for 2017
Turnover also dipped at the broker, which is set to be bought by Ardonagh, as number of live policies fell to 1.6m.
Zurich launches fresh cyber policy
Product includes GDPR wording and covers reputational damage.
PIB’s purchase prices revealed
Consolidator moved into Ebitdae profit in 2017.
InsurTech Futures: Romero’s Booking Protect rated in top 10%
Technology-based company has grown to £2.8m turnover since starting up in 2014.
Ansvar introduces cyber cover for churches
Cyber has been added to its Church Connect and Church Fellowship Connect policies.
Deal for Abbey owners Prestige completes with Capital Z taking 65% share
Former LV boss Phil Bunker will chair the board as George Storey retires.
RSA not scared to "walk away" from business - Stephen Hester
Group CEO says provider is to take action on pricing and portfolio reshaping following £70m UK underwriting loss in Q3 2018.
Brokerbility adds CCRS in Scotland
New member takes total to 27.
Finch and ICB mull rebrand options and confirm merging date
Verlingue bought ICB at the start of August.
#Insagepeople: 1 - 5 October 2018
Stay up to date with the latest people moves.
Bruce Stevenson buys Youngson Insurance Consultants
The deal adds around £2.5m in GWP to the Scottish broker’s numbers.
Hine Insurance Brokers buys W Brian Wilson & Son
Specialist church and charity broker brings £1m of GWP to Hine.
GRP-owned County Group buys Rahon Insurance
The deal is the broker's second since being bought by GRP.
Brit's Mark Cloutier to become Aspen CEO
Move follows Apollo's purchase of Aspen.
Azur unveils HNW home renovation product
Policy provides protection for buildings, works and contents.
InsurTech Futures: Equipsme teams up with Konsileo
Broker to sell Equipsme’s healthcare product.
Broker optimism rebounds
Sector bucks the trend in wider financial services market.