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Bankhall sets up new firm in move on GI market

Bankhall is entering the general insurance market with the launch next month of Bankhall UK GI following the acquisition of GI broker support firm Total Broker Solutions.

Bankhall says it is championing a return to the composite model, where intermediaries, particularly IFAs and mortgage brokers, will be able to sell GI products and says it will revolutionise the UK financial services industry.

Bankhall says the strategy will open up an untapped revenue stream for advisers.

Mike Williams, former TBS chief executive and former chief executive of the British Insurance Brokers Association, joins Bankhall UK GI as head of general insurance.

Chairman and majority shareholder Bob Beckett, who is president of the Chartered Institute of Insurers, will join Bankhall as a non-executive.

Bankhall commercial development director Shaun Godfrey says: “Mike brings a wealth of experience in GI broking. He will be invaluable in building the GI side of the Bankhall operation.”

Williams says: “We are ent-ering a new era for general insurance broking and I am delighted to be a part of it with Bankhall. I firmly believe that the Bankhall concept brings a wealth of new opportunities for general insurance brokers, mortgage brokers and IFAs to grow their business.”

l Comment, p35


A consumer’s view

With the election campaigns well under way and the pros-pect of Labour being returned to power, voters will be dis-appointed to find out that there is nothing in the Labour Party’s manifesto, other than a few platitudes about want- ing a sustainable system, about pensions.

Secure second tranche

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Winterthur Life roadshow predicts IFA advantage

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US loan growth is not painting a pretty picture for the US economy

Written by Mike Riddell One of the current big debates in global financial markets is whether investors should believe ‘hard’ rather than ‘soft’ data, where the usually reliable business and consumer surveys have been suggesting strengthening in global growth momentum for some time now, while the economic data that feeds through into the Gross Domestic […]


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