Top ten insurers - Mothers of reinvention
Many insurers may have come, gone, merged and acquired during the last decade, but their reliance on brokers remains strong, as Alex Broad finds
The first issue of Professional Broking, published in 1994, carried advertisements from the likes of Sun Alliance Insurance UK, Eagle Star, Iron Trades, Provincial Insurance, Guardian Royal Exchange, General Accident and of course Independent Insurance.
How things have changed. The scale of consolidation witnessed in the insurance industry in the last decade was unprecedented. In 1998 and 1999 alone there were more than a dozen mergers and acquisitions involving UK insurers with transactions
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