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Broker buys underwriting agency to close in on £30m target

LFC Insurance Group, the South-East based commercial broker, has acquired the shareholding of RS Hayworth & Co, trading as Shield Policies.

This underwriting agency has a track record going back to 1923 and operates from Feering, near Colchester, in Essex. Shield has 200 agents around the UK, offering a range of small to medium-sized

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Willis warns 7 in 10 businesses are underinsured

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