Brokers increasingly upbeat, says CBI/PwC poll

satifaction-survey

Business volumes increased but growth is expected to slow.

Sentiment among insurance brokers in the UK’s financial services sector rose in the three months to June, the latest CBI/PwC Financial services survey has revealed.

According to the survey, a net 37% of brokers polled said they were more optimistic about the overall business situation compared with three months ago.  

The latest finding was up on the previous quarter which found that 26% more brokers were optimistic than were negative about the sector.

This was way ahead of the same period

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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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