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Folgate sets out plans for its future broker leaders

The Folgate Partnership has launched a new broker academy, together with sister company Towergate Un...

The Folgate Partnership has launched a new broker academy, together with sister company Towergate Underwriting Group, in order to develop broker leaders for its hub and spoke operations when principals and managing directors step-down.

Peter Cullum, chairman, said, for example, both he and Andy Homer, chief executive of Folgate, may only have a shelf life of three years and they needed to ensure they invested sufficiently in the long term future of the company. "Our people are our intellectual

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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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