UK Commercial Insurance Broker Survey H2 2006

Introduction

An analysis of our commercial insurance broker survey conducted in H2 2006

Scope

• The opinions and views of over 150 UK commercial insurance brokers on a range of burning issues in commercial distribution
• Brokers' experiences of the transition to FSA regulation, including cost estimates
• Broker's strategic intentions with regard to membership of broker networks

Highlights

Almost half of the brokers surveyed say that they are either definitely or maybe planning on acquiring other brokers in the next 12-18 months.

Only 1.6% of brokers plan to join a broker network in the next year, illustrating the extent to which broker networks have lost their appeal.

Nearly half of brokers surveyed say they would like more help with FSA regulation from their insurer partners

Reasons to Purchase

• Obtain a comprehensive understanding of the current hot topics on the commercial distribution agenda
• Understand appetite in the brokerage market for acquisition and the potential for future consolidation to enhance your distribution strategy
• Gain insight into the mindset of the broker community on a range of business-critical issues