Networks necessary for broker growth
Study reveals many smaller UK brokers deem networks essential for coping with regulation.
UK insurance brokers consider broker networks as necessary for growth, according to research from Oxbow Partners, supported by Open GI.
The research revealed that 88% of brokers view networks as essential for future growth and believe they add value to their business.
In addition, 79% of the 105 participating brokers agreed that networks are performing well for their members, with Purple Partnership coming out on top, followed by Broker Network.
Performance
The study also showed that brokers felt
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