John Read: Hard market is brokers’ ‘saviour’ for preserving earnings

protection, piggy bank

With the hard market ‘still here with a vengeance’, brokers face ‘additional difficulties’ in explaining the impact on premiums to clients

Although the current hard market has been “a real tough environment” for brokers, it has also acted as “a saviour” by protecting earnings levels for broking businesses, according to John Read, managing director of regions at Willis Towers Watson Networks.

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