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News - B2Bi takes on retail run-off.

Europe Intelligence Wire

| February 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Post Magazine)

Broker 2 Broker Insurance Services has taken over the run-off of Croydon-based broker Parker Barnard Havers' retail package scheme.

The internet portal, which was launched by Leeds-based broker SME Insurance Services last November (Post, 26 October 2006, p6), was chosen to handle the run-off of the schemes on behalf of PBH, owing to its expertise within the retail market.

It is understood that PBH's retail package was put into run off as the account was declining in overall policy volume.

Jason Gandy, joint managing director of B2Bi, could not comment on details of the purchase price.

"This is a great opportunity to work with both past and present PBH brokers who will now benefit from access to the B2Bi ...

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