Analysis

Brokers seem to be weathering economic headwinds via growth and productivity

By Matt Scott 2023-05-10T07:00:00

umbrella, storm, PI, solicitors

Insurance DataLab analyses how brokers have performed over the last year in the face of significant economic difficulties

The UK broking market has faced some tough market conditions of late, with increasing regulatory workloads, a difficult economic landscape and rising costs all adding pressure to the broker business model.

Despite this, brokers continue to demonstrate a resilience that has made them very appealing to private equity investors.

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