Talent spotting

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Having the right people with the right skills is vital to the insurance industry, but, as Daniel Pedley says, the sector is not attracting as many new entrants as it could

Attracting and developing the next generation of talent is vitally important to the future of the insurance sector. It might sound an obvious thing to say but it is something that we cannot forget. The Treasury’s Insurance Growth Action Plan (IGAP) acknowledged this. But it also recognised the difficulty firms often have in finding the right recruits.

The UK and London in particular are key players in the global profession that is insurance. Our prominent position is one that has been nurtured

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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