Almost half of brokers say current economic climate is bad for business

Warning sign against cloud backdrop

Research from Aviva also shows brokers fear technology will replace the human broker.

Only 9.6% of brokers believe the economic climate is having a positive effect, down from 20% last year, according to Aviva’s latest Broker Barometer.

National brokers reported they are feeling the impact most, with 42% saying the current climate is bad for business.

In addition, brokers in Wales, Northern Ireland and Scotland were more concerned than brokers in England.

However, the number of brokers who feel there is no impact on their business has risen to 60.8% in 2019, from 51% a year ago

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Brokers push for more from RSA/NIG

Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.

Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: