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Market Movement Index: Smaller insurers gain market share from re-broking

Big vs small business people

New research from Broker Insights shows brokers are placing more business with smaller players, resulting in a changing landscape where competition can thrive. Rachel Gordon reports.

In partnership with Broker Insights

Smaller insurers are increasingly giving their larger rivals a run for their money when it comes to brokers moving risks to new markets.

This is according to analysis from Broker Insights, which highlights a number of trends in the second tranche of its research. Head of data at Broker Insights, Andy Whiteley, says: “Our analysis details a competitive commercial insurance sector, providing a deep dive into what brokers are

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Q&A: Close Brothers Premium Finance leaders Wallace and Hayes

Close Brothers Premium Finance commercial director, Colin Wallace, and sales director Elliott Hayes, stress the firm’s ‘pro-broker’ message as they tackle the changes over the past 18 months, shrinking after the partial exit from personal lines and the developments they believe will deliver growth for all parties as the business focuses in on commercial with the run-off almost complete.

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