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

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Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

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