Andy Homer is to be the next Chairman of BIBA following his departure from Towergate as CEO. Still a share-holder and Non-Exec at Towergate, he is set to see that story through to IPO.
Let's hope that Andy brings with him some of the energy and zeal which have enabled him to stamp his mark on the industry over the past 40 years. I bet they're quaking in their boots at BIBA! (.....just an opinion).
Wednesday, 21 September 2011
Monday, 19 September 2011
Whittington London bought by Tawa consortium
"UK-BASED specialist insurance firm Tawa has
joined with Norwegian marine insurer Skuld, Bermuda-domiciled Paraline and
company management to buy Whittington Insurance Markets Ltd (WIM), the
London-market operations of Whittington Group. Stephen Cane, Whittington CEO,
and his management team will be equity backers of the new business".
As reported in Insurance Day, 19 Sept 2011
Friday, 16 September 2011
Insurance can be fun!
The view that there is no humour in insurance is misplaced! Follow this link to read the irreverent views (or not) of one West Yorkshire broker:
Bearing in mind also that this is one of the UK’s leading specialist insurance claims management
companies, this ins't a bad effort!
Oxford Insurance Brokers is clearly one to watch
 |
| Not the OIB team! |
This move follows a number of high profile hires by OIB - clearly one to watch. The name change (formerly NCG Professional Risks) is having the right effect - and of course, Brian Marsh's money!
Thursday, 15 September 2011
Beware the team promising to ‘bring their book’
Reported today in Post Magazine: "JLT boss Dominic Burke has declared open
season on poaching top staff from rival firms after the £166m investment from
its 30-year backer Jardine Matheson".
I am not sure it has ever been anything but open
season in the Insurance Industry! Team
moves have always formed a part of every broker’s growth strategy –
particularly with many employment contracts still not being securely
drafted. Also we mustn’t forget that
clients buy their insurances from whom ever they choose! Nobody owns the clients! The nearest we get is the Account Manager /
Account Exec / Broker who manages the relationship. With him or her rests the ability to ‘move’
clients – if it lies anywhere.
Beware the team promising to ‘bring their book’ – divide what they 'have' in half, then divide it again and you might be coming
closer to reality! And don't forget that a seasoned business developer might look expensive on paper, but set them running and they might just prove the cheaper option!
Wednesday, 14 September 2011
CCV makes second acquistion of the month
CCV has
acquired Midlands-based Three Counties Insurance Brokers.
Located in
Stratford-upon-Avon, Three Counties currently controls £4m gross written
premium and has 14 staff.
Author:
Liz Mc Mahon
Source:
Insurance Age |
13 Sep 2011
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