Top independant brokers rule the roost in 2003

During the year, only 14 brokers in the top 250 merged were acquired or joined a Network. This is down from 20 in 2002. Folgate who acquired 7 dominated this activity. The biggest single acquisition was Becketts by Country Mutual. These 2 brokers now handle in excess over £500m of premium. This is 5% of the sector and 50% of the top 10.

In 2000, when the study started, there were only 4 brokers over £40m, now there are 25 and 15 over £25m compared with 50 now.

There has been considerable

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: