Predictions for 2019: Brightside's Brendan McCafferty
Brightside's CEO predicts a Brexit-related recession, expects it to become more difficult for small brokers to secure capacity and confirms the launch of its MGA.
Recession
2019 promises to be a time of maximum uncertainty for the UK, as it attempts to find a direction post-Brexit.
There is a good chance of a recession, but we may well see a repeat of the 2009/10 post-crash economy where hundreds of thousands of people started their own businesses.
Capacity
Next year will be tougher for smaller brokers. They will be faced with higher costs of customer acquisition and servicing, and it will become more difficult to secure capacity.
The shift towards
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