Marcus Hearn relaunch.

Marcus Hearn has relaunched a new version of its scheduled airline failure, following the 11 Septemb...

Marcus Hearn has relaunched a new version of its scheduled airline
failure, following the 11 September attacks. The policy insures holders
against the cost of refunding tickets in the case of a scheduled airline
liquidation or bankruptcy. Jeffrey Klipp, managing director of Marcus
Hearn, said: "Taking out a policy of this nature is the most
straightforward way for an agent to comply with the Civil Aviation
Authority's stated requirements for protecting passengers in the event of
a failure."

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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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