News analysis: Never the same again?

coronavirus

The pandemic has changed the way business is conducted across the globe, and with a hardening market and uncertainty caused by Brexit, Insurance Age looks at the outlook for brokers

The insurance sector has faced unprecedented challenges during 2020, as the Covid-19 crisis brought a host of issues for brokers and providers to tackle.

Insurance Age asked market experts how the pandemic, combined with the hardening market and Brexit, has impacted the UK insurance industry throughout 2020 and what lessons have been learned for the future.

Relationships

With home working becoming the norm and most meetings moving to a virtual setting, 2020 has taken a toll on relationship

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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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