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Emsdray intervention order

The General Insurance Standards Council has served an intervention order on Gosport-based intermedi...

The General Insurance Standards Council has served an intervention
order on Gosport-based intermediary Emsdray. The order requires Emsdray to
cease accepting premiums of any kind until Emsdray demonstrates to the
GISC's satisfaction that it has substantially complied with the
recommendations made by GISC monitors, including compliance with GISC
rules relating to insurance money separation.

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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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