Brokers uncertain over the future state of play

With this year's British Insurance Brokers' Association conference in London just around the corner, Insurance Age conducted an online poll of readers on what their thoughts were on consolidation, training in the industry and the importance of the internet.

No one can deny that independent general insurance brokers have been through a lot in the past few years, what with continuing Financial Services Authority regulation, consolidation, a soft market and rising commission rates among the larger brokers and consolidators.

Throw into the mix the latest trend of insurers buying up the largest, most successful and entrepreneurial brokers, and it is no surprise that brokers are feeling the pressure in more ways than one.

That being said, the results of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.

Brokers upbeat on 2024 growth – Aviva

Brokers are more optimistic about growth in the coming year than they have been since before 2020, according to Aviva, with 83% expecting their business to grow compared to 76% last year.