Confusion reigns over rapid network growth
This month's Power Hour panellists consider the issues brokers are facing with the growing number of networks, the impact it is having on their businesses and whether or not they provide any benefits to the small broker
With the recent explosion in the number of networks being launched, is there a danger that confusion will reign in the market? And is this trend set to continue?
IR: I would like to ask the insurer who is present amongst us what he actually thinks of networks. Do they give added value to the insurer or the network?
DS: Some networks can add value but I think the case is unproven. They must demonstrate the value they create for the extra money required. There is a lot of premium aggregated but
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