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A visit to the Post Office highlighted the lack of expertise of part-time insurance dealing and consequently brought to attention the industry's sense of defeatism regarding GISC rule 42.

I was in the Post Office the other day when I overheard the
conversation at the next cashier's window.


"I'd like to find out about travel insurance, please, for me and my
husband. We're going to Majorca," said the enquirer.


"Here's the form," said the cashier, "the premiums are, if you'll pardon
the expression, competitive. You just need to fill in the form."


"We saw your insurance advertised on the TV and we're both over 60, does
it make any difference?"


"No I don't think so, but it's all on the

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Yutree outlines plans after MBO

Laura Hancock, managing director of Yutree Insurance has outlined plans for the future following a management buyout, including opening an office in Norwich.

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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