Insurers are doing it for themselves
The idea of insurers offering advice direct to the public is not new, however, it may soon be a real...
The idea of insurers offering advice direct to the public is not new, however, it may soon be a reality in the UK. As Peter Hubbard made plain in this month's interview: "If brokers can think about underwriting, insurers can think about advice." That puts a totally different perspective on insurers buying commercial brokers, either wholly or in part.
Within days of Hubbard's comments, the news broke that both Norwich Union and Allianz Cornhill had each bought a 5% stake in the Jelf group. That NU
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