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Higos buys Mike Deverell

Wells-based Higos Insurance has added two more branches to its high street network, with the acquisi...

Wells-based Higos Insurance has added two more branches to its high street network, with the acquisition of Mike Deverell Insurance Services, which controls £1.2m. The commercial and household broker has two offices in Somerton and Langport, both in Somerset, and will keep the Mike Deverell brand. Higos has plans to build a network of 10 retail sites by the end of 2008. Managing director of Higos Ian Gosden has plans to turn the broker into a £100m gross written premium broker by 2012 (PB

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Yutree outlines plans after MBO

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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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