New whitepaper advises on how to get a scheme up-and-running
Insurance Age and Axa release the first in a series of whitepapers to help brokers and MGAs launch schemes and delegated authorities.
With an estimated value of more than £8bn in gross written premium, schemes and delegated authorities continue to be a crucial element of the market landscape.
The market is reportedly growing 15% year-on-year and, of the brokers operating in this space, half of them grew their schemes business in 12 months, 39% remained static and only 11% witnessed a decline.
Placed in the context of an increasingly volatile market, the attractiveness of schemes becomes obvious.
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