Ian Ritchie.

Mergers are resulting in the industry losing valuable expertise, at a time when it is swamped with new legislation.

Last month'S PB survey on standards of service from general insurers
was very interesting. My firm would certainly echo many of the concerns
raised.


Derek Harper and Mike Prior are unsung heroes of our industry, although
most readers have probably never heard of them. They are due to leave
soon, following the merger of the former GA and CU branches in
Southampton, and with them will go 60 years liability and property
underwriting expertise.


This is happening up and down the country as a by-product

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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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