Making an entrance.
The collapse of Independent signalled much moving around in the high net worth market, with both staff and new products being introduced. But Diane Smyth says it is unlikely to settle down just yet.
The high net worth market has seen considerable disruption over the past year, with both Independent and Cox leaving the market while two new wholesalers moved in. The changes are set to continue, however, with Groupama and Zurich both committed to entering the market early next year and the stability of rates and smaller insurers put into doubt by the terrorist attacks in the US.Independent had a sizeable share of the market - about 10%, according to Dave Parry, head of private clients at
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