Insurers pray they can avoid distribution hell

Insurers buying brokers appears to be back on the agenda. Allianz has purchased Home & Legacy and ta...

Insurers buying brokers appears to be back on the agenda. Allianz has purchased Home & Legacy and taken over ownership of Premierline and Peter Hubbard of Axa has made a statement that a similar move would not be ruled out. This is not surprising as insurers are scratching their heads trying to work out their future distribution strategy in the commercial market.

For the last 15 years, the distribution strategy for most major insurers has been fairly simple. The thought process was that there

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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