The personal lines challenge
There seems to be a 'current wisdom' that states that, to have any kind of future, brokers need to m...
There seems to be a 'current wisdom' that states that, to have any kind of future, brokers need to move away from personal lines and diversify into more sustainable areas of business, commercial lines being one. Some say the risk is failure if they do not, though I do not believe this to be true.
How many times have we heard the death knell being rung for brokers? It would be foolish not to recognise that brokers who want to stay active in personal lines face significant challenges. While they
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