Review of the year: October 2017

Review of the Year 2017 - October

Reaction to the government’s Ogden rate proposals, a broker start-up, Martin Oliver’s departure, ongoing consolidation and Aon buying Henderson topped the charts in October.

5) Hard on the heels of being in the top five stories in September, so the Ogden rate issue continued into October with brokers venting their opinions on the government’s proposed changes.

News analysis: Ogden upheaval continues as government unveils fresh proposals

Brokers lamented the instability caused by the shock change to the Ogden rate and said, despite plans to legislate over how the figure is calculated, volatility could continue until the rate is

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Polaris at 30 – Ray Vincent

As insurance industry owned Polaris celebrates its 30th birthday, Insurance Age asks experts for their recollections on the dawn of digital trading and what is coming next.

JMG in quadruple deal swoop

JMG has snapped up four brokers, adding additional expertise in high-net-worth, commercial, motor trade, technical and specialist consultancy services to the Yorkshire-headquartered group, Insurance Age can reveal.

FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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