Small personal books not cost-effective
Half of UK brokers believe it is not cost-effective to handle small books of personal lines business...
Half of UK brokers believe it is not cost-effective to handle small books of personal lines business in-house, according to a survey conducted for underwriting agency PlusOne. However, despite these findings, only 4% are currently outsourcing. The research also found that the most popular size for a book of business that brokers would be interest in outsourcing is up to £1m.
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