White-knuckle ride
Jane Bernstein looks back at a year of hard graft and difficulty for the industry and asks: 'Has it survived this particularly bumpy ride and is it ready for it all to start again in 2008?'
It has been another rollercoaster of a year for the UK insurance industry and brokers have had to face some new challenges while continuing to address ongoing issues. Some have found that 2007 has been very much a battle for distribution, while others have focused on surviving in a soft market. Merger and acquisition activity has taken some interesting twists and turns. All this has played out against the background of some of the biggest natural disasters in the UK for at least 50 years.
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