State of the Market - How one decade can alter a century

In 1995, the total commercial market in the UK was worth about £7bn. Of this, some 50% was controlled by the independent sector, with the balance serviced by the international brokers.

There were some 10,000 brokers, the majority of which were 'community brokers' looking after business within a reasonably tight geographical area, close to their base and handling all types of general insurance. In addition to handling commercial business, they handled substantial quantities of personal lines a

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