Groupama makes push into high net worth market.

Groupama has entered the high net worth market, appointing Richard Hawkins as director of high net w...

Groupama has entered the high net worth market, appointing Richard
Hawkins as director of high net worth. The group is currently up for sale,
though it does not expect to know its fate until mid-October.


Tim Ablett, managing director, said: "Recent market events have reduced
capacity and brokers' choice and we believe that there is room for a
strong new player in this important niche area.


"While the group has had some success with the development of our
'prestige home' mid net worth product, we

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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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