North role

Manchester's insurance industry is continuing to enjoy a period of rapid growth, with much of the expansion in the broking sector. Sam Barrett explains the recruitment issues involved in filling these additional roles

A year ago, the success of Manchester's insurance industry looked as if it could become its undoing. Rapid growth meant that insurers, brokers and recruitment consultants were finding it extremely

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.