Broking Break - Your Top Five

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This week brokers have wanted to read all about the latest high profile people moves.

  5. Granite set to expand product offering

Granite Underwriting stated that it plans to expand its core product offering.

This followed news from last week that the business, which sits behind broker Acorn Insurance, is set to make over 300 hires in its Liverpool headquarters.

Co-founder and managing director Alan Keating, told Insurance Age: “We’re looking to expand our core products and are ensuring we have the right people on board to manage the growth.”

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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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