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The president of the Forum of Insurance Lawyers (Foil), Martin Bruffell, is considering running for Parliament as a Labour Party candidate.
Bruffell is being urged to run by his close friend Geoff Hoon, the Foreign Office minister and one-time second-in-command to Lord Irvine in the Lord Chancellor's Department.
Bruffell - who is also managing partner at Berrymans Lace Mawer's Southampton office and joint national head of Berrymans' insurance liability division - will meet with Hoon in three weeks time to discuss his political future.
Bruffell says: "They haven't asked me yet to stand but they have asked whether I would be interested."
Last Monday, Bruffell attended the Labour Party Conference in Bournemouth to be presented with his Labour Party membership card by Hoon and Pensions Minister John Denham.
One possible target seat would be Surrey South West, which is currently held by Conservative MP Virginia Bottomley.
Bruffell steps down as president of Foil on 25 November. Vice-president Martin Staples, senior partner at Vizards Staples & Bannister, will succeed him.