Personal lines market in the doldrums

man-graph-illo

News from two major brokers brought the spotlight onto the personal lines broker market
last month.

Swinton announced, alongside a 48% profit slump, that it is to cut 120 roles and further reduce branch numbers to 400.

The broker’s chief Christophe Bardet defended the decision (see box) as being in line with growth plans and a generally positive approach to the market.

Brightside Group also hit the headlines as Markerstudy slashed its takeover bid from £123m to £100m. The Bristol-based broker

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: