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D&O, employee benefits and key man cover top list as brokers optimistic on growth

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Brokers have ranked D&O, employee benefits and key man cover as the top areas most likely to grow in the coming 12 months as they expressed near unanimous optimism about their businesses and the sector.

Property and cyber cover completed the top five lines cited by 100 UK brokers in a survey by Ascend Insurance Holdings conducted in March.

In the wake of a slew of brokers joining amii, a trade body representing intermediaries advising on health insurance, protection and wellbeing services, Insurance Age investigated last month why firms are branching out to capitalise on opportunities in the employee benefits market.

RelatedAnalysis: Are employee benefits the new diversification frontier for GI

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Blog: When does optimism topple over into delusion?

The Biba Conference last month was a triumph, and the lyric that united every insurance conversation in the city was growth. But the unbridled optimism about growth almost always came with the bassline ‘have you heard about the crazy rating in the market?’ Emmanuel Kenning interprets the notes asking if maybe for once it really is time to shrink to greatness.

Flood Re rolls out consumer campaign

Flood Re has launched a UK-wide educational tour promoting flood resilience and encouraging people to rethink the response to flood risk, with the joint initiative between the government and insurers using “the UK’s largest digital advertising van”.

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