Broking Break: Your top five stories of the week

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It was Towergate, Towergate, Towergate this week as the consolidator hit the headlines with a £5.5m loss for Q3. But what other companies have you also been reading about?

5) Andrew Kendrick to lead Chubb's European executive team

 

Ace made multiple promotions ahead of completing its acquisition of Chubb. This included the appointment of Andrew Kendrick as senior vice president of the new Chubb Group and regional president of the European Group.

 

 

 4) MUM launches PI product for brokers

Insurance Age revealed the release of a new professional indemnity product for brokers. Manchester Underwriting Management has partnered with CGPA Europe, part of a French

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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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