The Association of British Insurers (ABI) has hit out at the government and said it would not renew the statement of principles for flood insurance as it was supposed to be a short-term measure and grossly distorted the market.
The declaration came on the same day as MPs criticised the government over flood defence spending and a lack of clear lines of responsibility in a new report. The ABI stated that insurers were "frustrated"...
Motor insurers fear news could have negative impact on the UK insurance market.
Brown says no deals on current agenda but does not rule out acquisitions down the line. Business also seeking to develop London specialty and private client market.
Regional broker plans to grow through acquisitions.
Motor broker sees 77% increase in pre tax profit according to results for 2015.