Brokers' Future - Cliff urges brokers to get tied-up.
Mark Cliff, commercial and intermediary lines director, Axa Insurance UK, gave brokers a gloomy view...
Mark Cliff, commercial and intermediary lines director, Axa InsuranceUK, gave brokers a gloomy view of their future and advised them to sign up
for tied agent status before it is too late.
Though giving a slightly tongue-in-cheek prediction for the future, Mr
Cliff said: "This is a pre-retirement seminar for brokers. The Financial
Services Authority will add an extra 20% to costs and it will be a very
difficult market place. The only way to make it will be to be big or sign
up for integration
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