Steve Knight.
Many brokers are not optimistic about the future of broking, but aiming to improve efficiency will give them a fighting chance.
I was reading in a recently published broker survey that 20% ofbrokers said that they were very optimistic about the future, 55% said
that they were fairly optimistic, and only 10% of brokers were not at all
optimistic and felt that broking, as we know it today, will not exist in
five to 10 years time.
This surprised me for, bearing in mind all the problems and concerns in
the broking community, especially regarding regulatory issues and the
spate of insurer and broking mergers and acquisitions, I
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on E-Trading
Interview: Sabre CEO Geoff Carter
Sabre boss Geoff Carter tells Insurance Age about the upsides for brokers from its IHP rollout, growing in motorbikes after the collapse of MCE and profitable expansion plans in taxi.
Sabre boss Geoff Carter on supporting brokers to compete in an ever more competitive world
Motor specialist Sabre is making “big investments” in insurer hosted pricing with a rollout this year and into 2025 to deploy sophisticated rates into the broker market, CEO Geoff Carter told Insurance Age.
Markel UK targets 20% growth a year – Sykes
Jo Sykes, divisional director for the UK broker channel at Markel, told Insurance Age the specialist insurer has growth ambitions of around 20% a year from a UK perspective.
Biba 2024: Aviva’s Rebecca Gambrell on evolving the digital future
Aviva is listening to brokers’ feedback on what they want to etrade and responding appropriately, according to SME portfolio director Rebecca Gambrell.
MGA launches SME and mid-market e-trade platform
Specialist mid-market and SME managing general agent Generation Underwriting has launched a digital e-trade platform.
Arch claims parametric first with events cancellation product
Arch Insurance International has launched a specialist regional events insurance for UK-domiciled insureds, available via Arch IQ, its quote-and-bind platform.
Broker Insights launches AI-enabled Propensity Lens
Broker Insights has unveiled a product designed to improve efficiency for insurers by helping to predict the possibility they will win business.
Imarket grows to five live broker systems with Bravo Digital Trader
Polaris has added Bravo Digital Trader as the fifth broker system to use imarket, joining its portfolio of Acturis, Applied, Open GI and SSP.
Most read
- Aviva’s Blanc: UK insurance industry needs to start planning for a post-Flood Re world
- Home insurance prices surge a record 41.6% in a year
- FCA cancels Northern Ireland broker’s regulatory permission