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Feeling under pressure.

New regulations designed to keep pressure equipment up to scratch have led to safety concerns in some quarters, though the effect on the insurance industry is not yet clear. Diane Smyth explains.

On 29 May 2002, the Pressure Equipment Regulations 1999 will come
into full effect after a four year introductory period. The regulations'
primary aim is to remove technical barriers to trading new pressure
equipment across the European Union. They therefore seek to harmonise each
country's laws regarding the design, manufacture, marking and inspection
of pressure equipment.


The term 'pressure equipment' covers vessels, piping, safety accessories
and pressure accessories, as well as any pipes or

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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.

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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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