Focus - Management Structures: Building a board

Without a great team in the boardroom, any broker, regardless of size, is missing a trick that can pay long-term dividends for their business, writes David Waller.

Broking, as we are constantly being told, is moving towards a more professional set-up. Gone is the era when brokers were often closer to the insurers they dealt with than their own clients. Gone too is the office where business decisions could be influenced by a breakfast-table spat between its husband and wife owners.

It is thanks to such ingrained informal habits that brokers are often seen as the poor relation to professionals such as solicitors and accountants, despite our offering high