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Broker

IPT untouched in latest Budget

While the tax cut on flights ahead of COP26 grabbed headlines, brokers breathed a sigh of relief as hated insurance premium tax remained at 12%.

Fidelis opens trading floor in London

The Bermuda-based specialty insurance and reinsurance provider said its new operation would enable brokers to meet with its underwriters, actuaries, wordings and claims specialists to discuss 57 lines of business.

PIB expands into Spain

Consolidator buys Cicor in its first acquisition in the Spanish market as it continues its European expansion.

Motor premiums stabilise as telematics grows

Data from Consumer Intelligence reveals that 1 in 4 cheapest motor insurance quotes are provided by telematics firms, and while motor premiums plunged 9.4% in the last 12 months, prices are now beginning to stabilise.

iRevolution buys BG Insurance

CEO Mark Rigby has said the acquisition of BG Insurance would give the business further expertise in other areas of the non-standard motor market.

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