Former Bluefin and Davis directors set up new brokerage

Yutree Insurance, a commercial broker, has been set up by Mr Smart, Laura High, Kevin Hancock (both former Bluefin directors) and Simon Miller (former director at Allan Chapman & James).

The directors of the new brokerage, a member of the Cobra Network, said that they had created a business model that would avoid policy or administration fees, on the basis that they are unnecessary and unjustified.

Although the individuals had used such fees in their previous roles, Mr Smart said that as they