Brokers "cautiously optimistic" about growth as pandemic restrictions lift

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But Aviva research shows expectations vary, with 42% of regional brokers predicting a decline in their business.

Brokers are cautiously optimistic about their trading prospects as the UK reopens from pandemic restrictions, according to research from Aviva.

Aviva’s annual Broker Barometer, which surveyed 220 UK brokers, showed that 43% of respondents expect to see growth in their business during the remainder of 2021, compared with 28% who expect to see their business decline. Meanwhile, 29% expected growth level to remain flat.

The figures revealed that national and local brokers had particularly strong

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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