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Big or small, risk affects them all

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The Association of Insurance and Risk Managers plans to forge closer links with smaller enterprises to secure mutual benefit. Andrew Cornish reports

Anyone who thinks our industrial base is in terminal decline may be surprised to learn that more than 10,000 new manufacturing businesses started up in the UK during 2003, the last year for which

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2025 was a landmark year for MGAs, marked by record growth, major partnerships, technological innovation and expanding global reach, even as soft market conditions and pricing pressures tested resilience across the sector.

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Insurers managed to post profits amid a softening market in 2025, invested in technology and pushed to reaffirm the industry’s vital role in protecting society with the Labour government and regulators.

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