Tough times ahead in race for personal lines success

Competition will remain fierce for all private lines business, with brokers continuing to lose market share in personal lines, according to new research of the sector.

The Insurance Age 2008 Top 50 Brokers in Personal Lines supplement studied data from the market, and found that the private car account stood at about £10bn. However, it had shown no real growth since the end of 2002 after it increased 25% during the harder markets of 2000 to 2002 then levelled off. In contrast, the household marke