Liverpool insurance broker acquires Gloucester firm & more…Keep up with what has been happening this week in our latest insurance news round-up…

Liverpool insurance broker acquires Gloucester firm

Based in Liverpool, insurance broker Butterworth Spengler has acquired Gloucester-based Brunsdon Insurance in its first deal since becoming part of the JMG Group. Brunsdon Insurance’s existing team of 17 will join Butterworth Spengler’s team of 30 employees.

Is extreme weather overheating the insurance industry?

Polar Capital’s Nick Martin and Jupiter’s Guy de Blonay explain what this year’s record-breaking losses mean for the sector. The insurance industry is likely to see more volatility and will come under increasing pressure, as the ongoing effects of climate change escalate the frequency and intensity of extreme weather.

Insurance sector has shown its resilience – Deloitte

WHILE the insurance industry record books may show 2020 was a year in which reported financial results were well below expectations, the industry did show its resilience, while at the same time it positively impacted the lives of its customers in a time of great financial need, according to the Deloitte South African Insurance Outlook 2021 publication.