Research from Aviva also shows brokers fear technology will replace the human broker.
Is the raft of recent redundancies at providers a coincidence or part of a larger trend in the industry?
The insurer is separating its life and general insurance businesses, as well as targeting 1,800 redundancies.
The vice president of business innovation at software platform, Guidewire, outlined key InsurTech trends and explained how brokers can use technology to get ahead.
According to the company British consumers spend on average £180 per month on insurance.
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