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UK Commercial Insurance Broker Survey H2 2007 (Datamonitor)

  • Market: Finance and Banking
  • Published Date: 25/09/2007
  • Report Title: UK Commercial Insurance Broker Survey H2 2007
  • Table of Contents: View Table of Contents
  • Report Type: Market Report
  • Country: UK
  • Number of Pages: 25
Introduction

The 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

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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