Product launch: Brokers warned of 'Jack of all trades'

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Groupama has warned scheme brokers of the dangers posed by an increase in business diversification.

Alan Bassett, commercial schemes manager at Groupama, said as businesses struggled in the economic downturn, an increasing number were turning their hands to different trades.

Dawn Dillaway, head of commercial underwriting, said: "There is diversification in terms of electricians, bricklayers and plumbers and so on, branching into different trades but also other examples where people are doing something completely different. For instance, a farming business that transforms one of its barns into

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