Moving with the tide
Gauging market trends has never been a straightforward process and, now that the market is state regulated, some cynics would say there is still little in the way of concrete numbers. Edward Murray, however, discovers that there are some strong factors set to shape the market's future
In the past it has been difficult to determine exactly what has been taking place in the broker market and how many firms it was served by. Practitioners have been able to gain a good feel of market trends, and there has been much anecdotal evidence of what is happening, but little in terms of definite numbers.
The Financial Services Authority states that 7940 primary insurance brokers were regulated in the UK as of 14 January. On top of this, there are a further 4839 firms that have extended
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