United we stand.

Many independent intermediaries are uniting to counter the threat of larger brokers. Ric Mathers discusses how to pick the right group for you.

Merger and acquisition fever is still gripping the insurance
industry.


As the supergroups start to flex their financial muscles, independent
intermediaries must consider how they are going to respond. Becoming part
of a group is one option, a defence against the main threats an
independent intermediary faces.


As the premium income for the larger groups increases, so the importance
of a single intermediary declines. Running agencies costs money. Getting a
new agency is nigh on impossible and

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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