Alistair Body writes… Starting an insurance brokerage is an exciting yet challenging journey. While entrepreneurial brokers have the expertise and vision to serve their clients, the reality of launching and running an independent business can be complex. From gaining regulatory status to securing market access and managing day-to-day operations, the early stages require support that […]

Reshaping the UK insurance industry. Today’s (09 Dec 2024) announcement of Arthur J. Gallagher’s acquisition of AssuredPartners is a striking example of a consolidator purchasing another consolidator. This move highlights an ongoing trend that’s reshaping the UK insurance industry: fewer, but significantly larger, players are emerging, altering the competitive dynamics for everyone.   For independent […]

Alistair Body writes…   If you’ve ever contemplated launching your own brokerage, you’re likely aware of the myriad opportunities and challenges that come with such an endeavour. The journey from conception to realisation involves meticulous planning, strategic decision-making, and a deep understanding of market dynamics. Before diving headfirst into this venture, it’s crucial to consider […]

Steve Walton writes … The effects of the enhanced FCA Appointed Representative Regime are evidently reverberating across the sector, especially as the deadline for Principal firms to complete their annual AR reviews and self-assessment has now passed. Add in to the mix the continued consolidation of independent brokerages the AR’s who found themselves attached to […]

When it comes to start-ups, insurance brokers are more likely to succeed than other industry sector in the UK. Alistair Body explains why…   Steady demand: Unlike many industries, insurance is in constant demand and, for some classes, a legal requirement. Regardless of economic uncertainty and challenges facing particular industry sectors, there is – and […]