Brokers rate motor top for growth in personal lines
A survey by Mapfre Assistance has rated motor as the product area most likely to drive growth for insurance brokers in personal lines over the next 12 months.
The services provider asked 100 brokers involved in personal lines to rate their top three areas for expected growth from a list of 10.
Two fifths of those polled said they expected motor insurance to lead growth over the next 12 months, with more than a third (34%) expecting growth to come from home and content insurance. A further one in five (20%) expected to see growth in travel insurance.
It added that around 12% of brokers expected to see growth in income protection product sales over the
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