Skip to main content

Are Northern Ireland brokers feeling the personal lines capacity squeeze more than most?

Northern Ireland

With prices rising faster in personal motor and household than other parts of the UK, brokers in Northern Ireland have good reason to be worried about remaining competitive. Siân Barton gets to the root of the issue and explores what is being done to address it.

In February, Markerstudy admitted that it had put its Northern Ireland business on pause and was weighing up its options about what its market re-entry would look like.

The MGA, which declined to comment further, is not alone, with brokers noting that the capacity crunch seen across the United Kingdom has been felt harder in Northern Ireland than many locations. Motor and household in particular have been affected.

We could potentially be two or three years away from a lot of the Northern Ireland

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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

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

Boom and PremFina partner up

Premium finance provider PremFina has partnered with Abacai Technologies’ car insurance digital brand Boom, an appointed representative of Top 100 Broker Dayinsure.

Q&A: Close Brothers Premium Finance leaders Wallace and Hayes

Close Brothers Premium Finance commercial director, Colin Wallace, and sales director Elliott Hayes, stress the firm’s ‘pro-broker’ message as they tackle the changes over the past 18 months, shrinking after the partial exit from personal lines and the developments they believe will deliver growth for all parties as the business focuses in on commercial with the run-off almost complete.

Most read articles loading...

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: