Bedford and Maxted - Performance to bank on

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Andrew Tjaardstra meets Andrew Bedford and Tim Maxted of Berkeley Insurance Group, who give him the lowdown on their recent management buy-out of Leicester-based Berkeley Burke

Financial media is alive with journalists coining phrases to describe the state of the financial system. We have seen 'crashing into a brick wall', 'falling off the rails' and many other takes on the theme besides. Yet, has this purported apocolypse actually occurred? Oval's recent refinancing provides an example of banks still willing to lend in an economic environment where credit is extremely hard to obtain.

Similarly, private equity firm Hellman & Friedman's takeover of broker software house

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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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