Broker Analysis – Page 8
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IT Interview
Mike Edgeley: The Clear Group aims to create ‘more efficient and structured’ business over 18 months
The broker intends to keep its ‘very people orientated’ DNA, but will continue work on ‘rationalising our IT’ and delivering ‘growth ambitions’, says group chief executive
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IT Interview
Scott Bennett: Broker network growing despite challenge of M&A activity
Managing director says The Ardonagh Group-owned network business has to ‘pedal hard to stand still’ in terms of maintaining member numbers amid broker consolidation landscape
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News Analysis
Briefing: Is mid-market consolidation coming to an end?
It is surely too soon to sound the death knell for broking M&A just yet, based on recent activity
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News Analysis
Strong dollar provides no shortage of US M&A interest in UK insurance firms
Acquisitive brokers were asked if a strengthening dollar would see more US firms snap up companies in the UK
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News Analysis
Briefing: Stress crisis becoming a real pain for employees
Could we be seeing the start of new risk exposures for sectors that have embedded hybrid working practices?
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IT Interview
Mike Edgeley: The Clear Group has ‘very healthy’ M&A pipeline that is ‘sticking to knitting’ in UK market
However, the intermediary’s group chief executive reveals he ‘will be keeping a weather eye’ on M&A opportunities around MGAs and Ireland-based businesses too
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IT Interview
Lee Mooney: ‘Fear of failure’ inhibited RSA
The insurer is now working to improve by listening and acting on broker feedback, says commercial lines managing director
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News Analysis
In Focus: Consumer Duty presents ‘huge opportunity’, but implementation has not been smooth
With the 31 July 2023 deadline fast approaching, can the general insurance sector properly grasp the opportunities new regulation offers?
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News Analysis
Hardest reinsurance renewal market in years to create knock-on impacts
‘We expect underwriting to remain disciplined in light of strong Lloyd’s market oversight over market’s catastrophe exposure,’ says ratings director
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IT Interview
Phil Bayles: Ardonagh Advisory to use ‘regular drumbeat’ of M&A to add ‘more strings to our bow’
Chief commercial officer reveals that the intermediary organisation is aiming to complete 12 acquisitions in 2023, with plenty of transactions closing in Q1 and Q2
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News Analysis
Opinion: Insurer service ‘disconnect’ for brokers still impacted by post-pandemic work models
Simplification, consistency and delivering on promises must become a priority if insurers are to improve service levels for brokers, writes editor Katie Scott
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News Analysis
Opinion: M&A fuels record aggregate brokerage growth
Last year’s private equity investments and broker consolidation caused hikes in aggregate brokerage across this year’s top 50 brokers – but will this be repeated in 2023?
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News Analysis
In Focus: Broker schemes present an opportunity to better serve clients’ needs
‘By definition, if you’ve created a scheme, you’ve created a unique selling point,’ says group chief executive
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IT Interview
Troy Stevens: Rhino Trade Insurance seeks to demystify insurance for tradespeople
The specialist broker wishes to hit ’a sweet spot’ for supporting tradespeople rather than simply being a ‘jack of all trades’, says chief executive
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News Analysis
Briefing: HNW insurers must work with brokers better to tackle ‘nightmare’ Range Rover cover conundrum
Following increased Range Rover thefts, HNW insurers have put the brakes on their risk appetite for policies covering these cars
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IT Interview
Lee Davey: Creating an ‘intentional’ business requires commitment to ‘core values’
With Partners& growing into its first maturity stage, Insurance Times gets the story behind the business’ progress so far
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News Analysis
Briefing: Is Ardonagh planning divestment following internal restructure?
The intermediary has stoked the industry’s gossip mill with its recent MGA restructure and noise about what the changes mean is now deafening
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News Analysis
Opinion: Is Europe still the next phase of UK broking M&A?
Editor Katie Scott shares broker views around whether the UK really is running out of broker consolidation targets
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News Analysis
Is it the end of the line for property insurance commissions on multioccupancy buildings?
The UK government has indicated its intention to ban managing agents and freeholders from taking commissions when arranging buildings insurance
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News Analysis
Briefing: Brokers are looking for silver linings in economic storm clouds
Macroeconomic conditions are still tough, but it’s time for brokers to roll up their sleeves and embrace the opportunities this could present