The Blog Spot: An exciting return to local focus

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Following reports of a rise in the number of start-up brokers, Ida Axling says it is great to see that the entrepreneurial spirit remains strong in the broking sector.

After years of aggressive consolidation in the broking sector, it is easy to wonder whether there will be any independent brokers left in ten years.

It may be an overly dramatic interpretation, but a quick search tells me the team at Insurance Age has written 73 articles about deals in the UK broking sector so far in 2021. This is more than two per week.

In February, M&A experts IMAS warned that consolidators were running out of targets because there are few businesses left of a size and scale

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Brokers push for more from RSA/NIG

Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.

Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

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