News analysis: Covid - The hard work has only just begun

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SME coronavirus struggles start to hit home for the UK broker space

Brokers have stated that they continue to see opportunities in the SME sector despite the increasingly difficult trading environment for smaller businesses in the UK.

When the pandemic hit, the country-wide lockdown forced many firms that were deemed non-essential to close their doors and the continuing restrictions and social distancing rules are throwing further hurdles their way. 

Government relief measures, including the furlough scheme, have helped companies stay afloat since March, but

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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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