Networks
Editor’s letter - November 2013
“When networks work best they should be about more than hitting insurers like a piñata and watching enhanced commissions fall out”
In-depth: Where next for networks?
Networks have taken a few body blows in recent months, but brokers can still gain value from the sector. Caitlin Morrison reports
Former Allianz chief Hanks to replace Finch at Purple
Ex-Allianz boss to replace Alec Finch at the Jelf-owned network, Insurance Age can reveal.
Prism takes on former Oval director Herdman
Prism Network has snapped up former Oval executive director Jeff Herdman as non-executive chairman.
Expertise in Action: Supporting profitable growth for brokers
The trading landscape for brokers continues to be one marked by tough competition and tight margins.
Purple's Alec Finch to leave role this month
Purple Partnership's non-executive director Alec Finch will leave his role at the Jelf-owned network at the end of the month.
BrokersLink goes for profit
BrokersLink has switched from not-for-profit status to a for-profit global broking company in a move designed to accelerate growth.
Alto posts loss of £578,000 for first 15 months in business
Alto Insurance Group has reported a loss of £578,543 for the 15 months to March 2013.
Prism Network targets recruitment drive after £2m boost
Disaster recovery and repair provider Prism Network has secured a £2m investment fund.
HNW broker Smith Greenfield in mortgage broker network tie-up
High net worth (HNW) broker Smith Greenfield has been named on the general insurance (GI) panel of mortgage intermediary network First Complete.
Ten to follow John Lewis with Employee Benefit Trust set up
Ten Insurance is set to follow in the footsteps of John Lewis and set up an Employee Benefit Trust (EPT) over the coming weeks.
Westinsure MD Erwin shrugs off broker departures
Two former Westinsure brokers have left to join Bluefin Network.
TEn partners with ALPS
TEn Insurance Services has teamed up with Auto Legal Protection Services (ALPS) as its preferred partner on a range of legal protection products and services.
Towergate’s networks add nine
Broker Network & Countrywide has revealed that nine brokers signed up to the networks in the past two months.
Bluefin makes double promotion
Bluefin Insurance has appointed Robin Thomson as regional managing director for the Midlands within the commercial division.
Keychoice confirms LV Broker tie-up
Keychoice has partnered with LV Broker in a move which will provide the network with access to the insurer's ABC home product.
TEn totals 81
TEn Insurance has revealed that and has reached a total of 81 members with six new additions last quarter.
Hodges pleased with top-line growth
Mark Hodges, CEO of Towergate, has declared the 1% increase in gross written premium and 3% rise in income as "really important" and a "positive for the group".
Towergate posts £10m loss
Towergate has revealed a loss before tax of £9.9m for the first half of 2013.
Product roundup: Networks to the fore this month
It was a month dominated by networks as the likes of Broker Network, Countrywide and Purple Partnership all released an assortment of products.
Towergate founder Proverbs joins 1 Answer Brokerdrive board
Tony Proverbs has been appointed as non-executive director at 1 Answer Brokerdrive.
Broker Network & Countrywide adds Pitt to top team
Broker Network & Countrywide has appointed Richard Pitt as sales and marketing director.
Purple and Sterling in commercial and MNW product tie-up
Sterling Insurance Group has joined the Purple Partnership preferred partner list.
Willis Networks rebuilds membership
Willis’ networks division has added 12 new members.