Brokers predict rise in consolidation among niche players

Consolidation

Specialist brokers have pinpointed that the largest threat they are facing is the rise of digital intermediaries, according to research by Ecclesiastical.

The survey showed that 57% of the 200 broker respondents said digital intermediaries were a threat to their business. This was followed by direct insurance (50%) and peer-to-peer insurance (41%).

When asked about future trends, eight out of ten specialists predicted that there would be increased consolidation among niche brokers in response

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: