Broking Break: Your top five of the week

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It’s been a busy week in insurance. In case you missed them, here are the five most popular stories.

5. Swinton focuses on "simplify" strategy as profits drop 26%

Swinton posted its financial results for the year ended 31 December 2015 and revealed that its profit after tax had dropped 26 percent to £16m (2014: £22m).

The broker highlighted that it would continue on the path of implementing its "simplify and focus strategy".

 

4. Biba hosts "full and frank" meeting with SSP

A full and frank discussion between brokers and SSP was held this week to address the issues caused by the

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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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