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K Drewe (Insurance) awarded 'approved coverholder' status

Due to the rapid expansion of its overseas holiday property account, specialist leisure insurance br...

Due to the rapid expansion of its overseas holiday property account, specialist leisure insurance broker K Drewe (Insurance) has been awarded 'approved coverholder' status by Lloyd's. Ian Drewe, managing director, said: "This really is a great accolade and we hope that we can build on it and continue to develop new and exciting opportunities in the future, while maintaining our present rate of expansion."

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Yutree outlines plans after MBO

Laura Hancock, managing director of Yutree Insurance has outlined plans for the future following a management buyout, including opening an office in Norwich.

Should you sell your broking business to an Employee Ownership Trust?

Tax-efficient exit strategies and staff incentivisation have become hot topics among broker leaders since the recent increases in Capital Gains Tax and Employer National Insurance. In the second part of a series focused on the fallout from the 2024 Labour Budget, Catherine Heyes examines how broker owners can use Employee Ownership Trusts to respond to these developments.

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