Home-swapping holiday policy launched

Thomas Cook aeroplane

Specialist broker Insurance Tailors has teamed with Hiscox to provide cover for home-swapping holidaymakers.

According to Insurance Tailors, Homeswap Insurance is designed to cover for damage caused to property contents during a homeswap.

The broker said the product was engineered in response to the needs of new company Love Home Swap which struggled to find an adequate policy.

Speaking about the product, Insurance Tailors MD Andrew Boldt, said: "There is an element of insurance required in all businesses and the traditional slow pace of change in the industry can be frustrating, especially to new and

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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