Hit the ground running

Andy Baldwin examines the changes taking place in the insurance industry, and predicts how brokers will be positioned in the future

A large number of industry commentators believe that significant changes lie ahead for the broking market. This was recently highlighted by a study undertaken by Ernst & Young and the Chartered Insurance Institute, which revealed that 88% of respondents believe that broker consolidation will be the main driver of change during the next five years.

Broker consolidation and soft market conditions will force lasting and sustainable change in the industry. These, together with the availability of

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