QBE report is a wake up for brokers

QBE logo

One third of SMEs interested in buying insurance direct; not many seeking advice.

Three quarters of UK SMEs say competitive price is key factor in buying business insurance and a third would rather buy business insurance direct, rather than via a broker.

These - and the fact only 16% of UK SMEs, those companies with up to 250 employees, will look to the insurance industry for advice in the first six months of 2010 - are among the findings of a new survey by QBE.

Focus on price was the priority for SMEs across the UK, except in the Midlands and Wales where the financial

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

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

SRG buys broker R3

Specialist Risk Group has bought specialist insurance broker, R3, its eleventh acquisition of the year.

Broking Success: Bletchley’s Angela Irvine

Angela Irvine, sales director of Bletchley, outlines how the Birmingham-based broker is looking to build on its solid foundations whilst its independent status is unlikely to change anytime soon.

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: