In Focus: Jitters in trade credit market

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However, brokers remain positive and look to new opportunities.

There are some jitters about the trade credit market due to the forthcoming referendum on Europe, skills shortages - particularly in IT - and the rise in the minimum wage according to an In Focus analysis of the market.

The feature, sponsored by HCC, found that despite some ‘headwinds' more clients are now buying trade credit insurance because it is more affordable.

Enquiries
Tom Rolfe, director with broker LDPA, commented: "We have a lot of policyholders in construction, recruitment

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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