Opinion: Ashwin Mistry on Alpha and unrated providers

ashwin mistry brokerability1

Ashwin Mistry argues brokers who use unrated providers should pay higher fees

A lot of capital flows into the UK insurance industry every day from all over the world.

With gross premiums in the general insurance market nudging £60bn, that’s hardly surprising. And a lot of money comes and goes throughout the market cycle. New money arrives when a provider persuades investors that it can focus on gaps or niches that no one else has got their eyes on and provide a high rate of return. 

If they are right it’s a win-win. If they are not, everyone loses, including their

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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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