Quizzical questions: 15 March 2019

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Need a hint? Try our clues: 

The long-rumoured deal was finally announced in January this year.

A report has exposed the UK insurance sector for failings.

A huge penalty was levied by the watchdog after a whistleblower sounded the alarm.

The deal is described as a “merger of equals”.

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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.

Konsileo seals £8m fundraise

Top 100 insurance broker Konsileo has completed an £8m fundraise to accelerate its expansion across the UK, Insurance Age can reveal.

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