Editor’s letter - July 2014

emmanuel-kenning-06-2012

“Good acquisition deals can undoubtedly enhance a business. However, there are many well-documented dangers”

Three matters in this month’s issue can certainly be interwoven. Firstly, as revealed by Insurance Age, Liberty Mutual bought Hughes Insurance in Northern Ireland. It is an interesting deal for a variety of reasons as Caitlin Morrison tackles in her piece on page four. The acquisitions theme is also developed in Tony Cornell’s piece (page 16) on brokers selling their business. He describes “pent up” demand and he is right from both the buyer and the seller point of view.

Good acquisition deals –

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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