Graeme Trudgill, executive director of the British Insurance Brokers’ Association (Biba) has said that the trade body can’t wait to get back to business following the General Election on 8 June. The election resulted in a hung parliament, with the Conservatives being the largest party. Commenting on the result, Trudgill said: “It’s extremely interesting and there’s obviously a lot of uncertainty yet as to what’s going to happen in the next 24 to 48 hours.” IPT According to Trudgill the stand Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact [email protected]. You are currently unable to print this content. Please contact [email protected] to find out more. You are currently unable to copy this content. Please contact [email protected] to find out more.
A UK insurance lobby group has expressed cautious optimism after the cabinet ministers that imposed an unpopular tax on insurance lost their seats in the 8 June General Election . Simon Kirby , previously city minister , insurance minister and economic secretary to the treasury , along with Jane Ellison , who was the financial secretary to the treasury , were ousted in the vote . The cabinet ministers had not been " particularly helpful " to the insurance sector , according to Graeme Trudgill , executive director of the British insurance Brokers ’ Association . Trudgill added that he hoped the new government would pursue a soft Brexit policy .