Broker optimism on the up in fleet
Direct Commercial’s latest broker barometer has found 56% of brokers experienced difficulties in securing coverage for smaller fleets in the last quarter, a slight improvement from 60% earlier in the year.
The survey also revealed a significant boost in broker optimism for growth within the commercial motor fleet market.
The poll of 60 UK brokers involved in the commercial motor markets, showed 96% now anticipate growth in the coming year, up from 90% in September 2023.
Rated capacity also remained a priority for brokers, with exactly half identifying it as business critical and an additional 19% describing it as important.
TrendAs previously reported by Insurance Age, fleet premiums grew by 8.3%
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