Opinion: Broker benefits in tech
With the UK being an established hub for digital innovation, brokers have the opportunity to build new books of business, says Markel’s Mark Lowther
As the global economy emerges from the Covid-19 pandemic, it is likely that the recovery will be driven by technology. The move to remote operation has seen a rapid acceleration in the greater use of technology in many aspects of our lives. The UK’s technology sector has seen a surge in growth from a point where it was already growing 2.6 times faster than the rest of the economy and worth £184bn in 2018. Innovative businesses operating within this space deserve innovative insurance to match
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