Abstract
Overview
Introduction
Datamonitor' s commercial insurance broker survey highlights opinions from 91
respondents covering their views of alternative distribution channels, their
experience of working with different insurers, their growth plans and their
attitudes towards FSA regulation.
Scope
- The opinions and views of 91 UK commercial insurance brokers on a range of
issues in commercial insurance distribution
- Data on the prevalence of the broker network model and brokers' appetite
for further acquisitions
- Brokers' views on mandatory commission disclosure
Report Highlights
Many brokers perceive national brokers as a significant threat to their
business, while commercial motor products are at greatest risk of being
absorbed by the direct channel.
The broker network model remains popular as many brokers wish to gain access
to a larger panel of insurers.
Mandatory commission disclosure may be costly to some brokers.
Reasons to Purchase
- Understand the greatest threats facing the broker market today
- Understand appetite in the brokerage market for acquisition and the
potential for future consolidation
- Gain insight into a wide range of issues facing UK commercial brokers
today.
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