Should brokers go down the employee ownership route?

working-together

Experts say employee ownership increases staff retention and encourages staff to work together, but take-up among brokers is low.

The employee ownership sector in the UK is on the rise, with the Employee Ownership Association reporting that 250 businesses moved to this model in the 18 months to June 2021.

But while there are a few brokers using this model, including Howden, Aston Lark and Ipswich-based Woodward Markwell, it seems take-up in the broking sector is relatively low.

Aston Lark group chief executive officer Peter Blanc told Insurance Age that he has supported employee ownership since he first became the

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

FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

Brokers push for more from RSA/NIG

Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: