State of the Market - How one decade can alter a century
In the space of a decade, some big hitters have gone while unfamiliar new players are redrawing boundaries. Tony Cornell describes the making of broking's big 100
In 1995, the total commercial market in the UK was worth about £7bn. Of this, some 50% was controlled by the independent sector, with the balance serviced by the international brokers.
There were some 10,000 brokers, the majority of which were 'community brokers' looking after business within a reasonably tight geographical area, close to their base and handling all types of general insurance. In addition to handling commercial business, they handled substantial quantities of personal lines and
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