Top 75 UK Brokers: Analysis
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2021 has been another fascinating year for the UK broker market. John Needham and Will Lanyon from PKF Littlejohn, an accountancy firm that focuses on the insurance industry, look at some of the main trends – including ownership, M&A activity, market concentration and sector specialism
The largest brokers get largerWhile not surprising, the data confirm that the largest players in the broker market are getting even larger – the top five brokers now each generate more than £500m of income annually.
This means that the majority of broking revenue is concentrated with the big international brokers, with the largest six operators accounting for 60% of the industry’s total revenue.
Interestingly, the data shows a cluster of brokers in the £100 to £250m revenue bracket. We will
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