Competition in household will see premiums drop in 2016 with commercial premiums falling as motor rises following impact of flooding and petrol price reductions.
PwC has predicted that household premiums will fall by between 1% and 5% in 2016 for people in homes not affected by flooding. Mohammad Khan, UK general insurance leader at PwC, said: "Given the flooding...
Motor insurers fear news could have negative impact on the UK insurance market.
Brown says no deals on current agenda but does not rule out acquisitions down the line. Business also seeking to develop London specialty and private client market.
Regional broker plans to grow through acquisitions.
Motor broker sees 77% increase in pre tax profit according to results for 2015.