Wednesday, 12/12/2018 | : : UTC-5
Insurance Breaking News | Home & Auto Insurance
  • Gallagher buys Pavey Group – Insurance coverage Age
    Gallagher buys Pavey Group – Insurance coverage Age

    The deal follows Michael Rea’s promise that Gallagher would have one other acquisition finalised earlier than the top of 2018. Gallagher has accomplished its fourth deal of 2018 by shopping for Pavey Group for an undisclosed sum. In accordance with a press release Graham Brown, Pavey Group managing director, will stay with the enterprise and […]

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  • Brightside concentrating on £250m GWP inside 5 years
    Brightside concentrating on £250m GWP inside 5 years

    Dealer trying to digital for natural progress however can also be prepared to purchase. Brightside Group is trying to increase its 150,000+ coverage rely throughout automotive, van and SME to 300,000+ inside three to 5 years, in line with CEO Brendan McCafferty. “It’s completely doable,” he informed Insurance coverage Age explaining that the goal was […]

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  • Fusion sports activities group strikes into Geo Specialty after Ardonagh sale
    Fusion sports activities group strikes into Geo Specialty after Ardonagh sale

    UK development portfolio additionally ring-fenced from deal. Fusion’s sports activities, leisure and leisure (SLE) staff has moved throughout to Geo Specialty, a part of Geo Underwriting, for the launch of a brand new unit. The changeover got here simply over a month after the Ardonagh Group agreed to promote its business managing basic agent (MGA) […]

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  • SEIB buys Greenwood Moreland Insurance coverage Brokers’ equine ebook
    SEIB buys Greenwood Moreland Insurance coverage Brokers’ equine ebook

    Ebook was bought to construct on present foundations and to ship a better degree of experience. SEIB Insurance coverage Brokers has purchased Greenwood Moreland Insurance coverage Brokers’ equine ebook of enterprise for an undisclosed quantity. Insurance coverage Age revealed earlier this yr that SEIB was open to alternatives for purchasing books of enterprise or entire companies. […]

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  • Pre-tax lack of £20m for GRP
    Pre-tax lack of £20m for GRP

    Nevertheless Mike Bruce factors to four% natural progress and suggests the enterprise is on monitor to purchase “double digit” companies, together with MGAs, in 2019. International Danger Companions (GRP) achieved natural progress of four% for the yr ending March 2018. That is in accordance with a press release posted by GRP forward of its outcomes […]

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  • Video: Scheme Sensible – How To Future-Proof Your Scheme
    Video: Scheme Sensible – How To Future-Proof Your Scheme

    The third episode of Insurance coverage Age’s documentary collection with Axa, Scheme Sensible, focuses on what steps might be taken to future-proof schemes and delegated authorities and what sectors brokers can look to for future progress. One profitable DA facility doesn’t a enterprise make, so it’s crucial that brokers not solely shield and develop present […]

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  • PIB reveals new construction with Lorica
    PIB reveals new construction with Lorica

    Consolidator purchased the enterprise in March. PIB Group has mixed PIB Insurance coverage Brokers and Lorica Insurance coverage Brokers in a transfer that sees Stefan Puttnam turn out to be managing director for each models. He’ll report back to Nigel Salisbury, CEO of PIB Group’s specialty division which additionally consists of Cooke & Mason, DE […]

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  • Ceta concentrating on as much as 500 brokers with new on-line non-standard property service
    Ceta concentrating on as much as 500 brokers with new on-line non-standard property service

    “Recreation altering” providing set to go reside in mid-January. Ceta intends to launch its Infinity portal for brokers in mid-January 2019, Insurance coverage Age can reveal. The brand new service will begin by delivering quote and bind on-line functionality in non-standard property with extra strains to be added over time. The service has already gone […]

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  • Chubb launches terrorism danger administration device
    Chubb launches terrorism danger administration device

    The product is designed to assist clients perceive their terrorism danger and shall be distributed by way of brokers. International insurer Chubb has launched a brand new terrorism associated product aimed toward multinational corporations and enormous center market companies. Obtainable by way of brokers, the brand new providing, Terrorism Danger Analysis Providers, combines the insurer’s experience […]

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  • Miles Smith backers purchase The Underwriting Trade and LIME
    Miles Smith backers purchase The Underwriting Trade and LIME

    Miles Smith and TUE Corporations to maintain personal manufacturers as separate companies in expanded group. Personal fairness home Pollen Road Capital, majority proprietor of Miles Smith Insurance coverage Group, has purchased The Underwriting Trade and sister firm London Eire Market Trade. Pollen Road snapped up a majority stake in Miles Smith final December in a […]

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  • Turnover up at One Dealer for 2018
    Turnover up at One Dealer for 2018

    Prices of Gibbs Denley purchase knocks income. One Dealer has reported a 27% leap in turnover for the yr ended 31 Might 2018, in response to a submitting at Corporations Home. The rise to £6.39m was enhanced by the acquisition of Gibbs Denley Insurance coverage Providers on 9 June 2017, nevertheless managing director Robin Plaster […]

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