Brightside
Ex-broker bosses beaten in mayoral elections
Two former broker bosses have lost in their attempts to become mayors following yesterday’s local elections.
Profile: Abby Houghton – Young female broker
As part of Insurance Age's Broker Diversity Push - Gender Leadership Gap campaign, Sophie Locke-Cooper spoke with Brightside Insurance Services’ Abby Houghton about what it is like being a young female in the industry.
Markerstudy takes £16m hit on its Brightside business value
Markerstudy has taken a £16m hit on the value of its Brightside business, according to the group's latest accounts.
News analysis: What next for brokers amid FCA premium finance crackdown?
The Financial Conduct Authority’s premium finance crackdown threatens a significant revenue earner for brokers. Big players with strong balance sheets are making moves
Kitsune enters administration after reinsurance renewal declined
Specialist motor managing general agent Kitsune Associates has entered administration after its reinsurance renewal was declined.
Buyer gears up for Markerstudy insurer swoop amid QIC exit
Qatar Insurance Company wants to exit loss making business and is poised to sell its Gibraltar-based direct insurance carriers.
Insurtech app Honcho shuts up shop
Motor specialist Honcho has closed for business after three years of trading citing difficulty acquiring customers and the competitive environment as reasons for the closure.
R&Q delays shareholder vote on takeover
R&Q has postponed the shareholder vote on being bought by Brickell until 25 May.
Think targeting £30m GWP within three years
Think Insurance is currently looking at two more broker buys and has set a target of £30m gross written premium by 2025, commercial director Russell Bence told Insurance Age.
Think Insurance makes first broker buy
The motor and niche specialist has added to its commercial offering led by Russell Bence.
R&Q agrees £482m sale to Brickell
The deal would give shareholders a premium of around 20% on yesterday’s closing price.
Markerstudy rejoins Biba
The business stopped exhibiting at the trade association’s annual conference in 2017.
Analysis: Spotlight falls on personal lines amid consolidation frenzy
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.
Blanc exits Hastings board as Mark Cliff steps in
The former Brightside boss has joined Hastings as non-executive director following Peter Blanc's resignation prompted by the Aston Lark-Howden deal.
Market Analysis: Broking consolidation from 2010 to today – how the top 100 has changed
Insurance Age content director Jonathan Swift charts consolidation among the top 100 intermediaries from 2010 to today and reflects on the biggest winners in terms of M&A success
Gallagher appoints Derek Henry to lead micro-SME
Henry, formerly of Brightside, will also be MD of personal lines as the broker zones in on digital innovation.
Markerstudy Broking looks to £600m GWP
The business is set to invest in its digital capabilities as MD, Ross Barrington, reflects on its Brightside deal and future M&A plans.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
Markerstudy Broking hires trading director
Simon Townsend joins Markerstudy following its purchase of Brightside earlier this year.
Russell Bence joins Think Insurance
Bence, formerly of Markerstudy, was most recently with Complete Cover Group.
Former Brightside boss Mark Cliff joins Hiscox
He becomes an independent non-executive director alongside James Illingworth and Jane Hayes.