News Review
A review of news stories that broke this week
Former Indie boss passes away
Former Independent Insurance founder and deputy managing director Philip Condon has passed away at the age of 63
Condon was handed a three-year sentence in November 2007
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More on Broker
Ecclesiastical to launch around 12 schemes next year
Chris Withers, schemes and facilities director for Ecclesiastical has predicted the insurer will launch around 12 schemes by the end of 2025.
Close Brothers updates commission requirements for personal lines
After telling brokers to ask for permission from commercial customers in order for it to pay premium finance commission, Insurance Post can reveal Close Brothers is adopting a similar approach for personal lines.
Biba’s Trudgill on managing change
Trade Voice: Looking ahead to 2025, British Insurance Brokers’ Association CEO Graeme Trudgill says brokers should see enormous changes on the horizon as an opportunity rather than a threat.
Gallagher confirms $13.45bn AssuredPartners purchase
Arthur J Gallagher & Co today (9 December) announced it has signed a definitive agreement to acquire AssuredPartners for $13.45bn (£10.5bn).
Gallagher close to agreeing $12bn deal for AssuredPartners
Reports have suggested Gallagher is close to agreeing a deal to bring AssuredPartners into the group, with a deal worth about $12bn (£9.4bn).
How to build a sustainable insurance brokerage
Networking is key to establishing a sustainable insurance brokerage in specialist sectors, according to Jo Sykes, divisional director – broker at Markel.
Gallagher promotes for three northern regional MDs
Gallagher has made a series of leadership appointments in its UK and Ireland retail division, all of which operate in the north of England, and Scotland, covering 14 regional offices and 750 people.
Government accused of rebranding leasehold ‘commission’ as ‘fees’
Yesterday (2 December) the government opened up a consultation looking for feedback regarding permitted fees for landlords, freeholders and property managing agents.