Insurance Age

Sentiment Surveys

    • Cathie Bruce, Head of Proposition, Groupama Insurances

    • Indicative reading time: 6 minutes

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Welcome to the eleventh Professional Broking Sentiment Survey - the industry barometer tracking the issues facing brokers. In addition to our regular round-up of regulation, service and the market cycle issues, views on insurers buying brokers were mixed, with 40% prepared to sell to an insurer, but the majority criticised the approach, saying brokers will not remain independently managed under such arrangements

Yet again, the Professional Broking sentiment survey offers a fascinating insight into the way that UK brokers are thinking, and a valuable snapshot of the issues that are keeping them awake at night.

On rates, the survey illustrates how the underwriting cycles in personal and commercial lines are at different stages of development. In commercial, there seems to be a consensus that rates are going to remain soft and more than half think that things will probably get worse over the coming

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