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Brokers advised to check clients' liability cover ahead of law change

A recent study by Venture Preference (VP) has revealed that many care home managers and owners remai...

A recent study by Venture Preference (VP) has revealed that many care home managers and owners remain unaware of the implications of the Corporate Manslaughter Act, including the potential for unlimited fines.

The study also revealed that most care home managers were unable to estimate how much they should be paying for insurance to cover claims under the Act.

The study, conducted by Gold Direct - the care home division of VP broker Smart & Cook - found that four out of five care home owners and

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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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