Brokers warn that lessons not learnt from Independent

Blackboard and desk with an apple and books on it

The journey which took Independent Insurance from the darling of the City to liquidation, a Serious Fraud Office investigation and the jailing of staff members, should clearly have left a strong legacy.

However, Lyndon Wood, chairman and chief executive officer at Moorhouse Group, claimed the insurance industry has not learnt a lot from the experience.

"I think the legacy they [Independent] have left is slightly more cautiousness but in terms of the industry, it never learns. Everyone was

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