Broking Break – Your Top Five

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Two big acquisitions, a court case, troubles in technology and a restructure make up the top clicked stories in the past week.

5) Chaos for brokers as SSP system breaks down again
Brokers on SSP have encountered another connectivity issue affecting its Pure Broking platform this morning (15 November) following the chaotic breakdowns last week and yesterday (14 November).

The software house has come under fire again from users, after running into problems for the second time in a week.

 

4) JLT sells majority stake of Thistle to PIB
Jardine Lloyd Thompson is to sell the majority of its Thistle UK business to

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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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