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Author Archive for: Dan Judson

Entries by Dan Judson

Will covenant reforms change the insurance industry? Alistair Body writes…   Covenant reforms are on the cards thanks to the government’s desire to reduce regulation and enhance employee rights. Their policy paper “Smarter Regulation to grow the economy” was published in May 2023 and outlines employment reforms; part of which includes a limitation on non-compete […]

FCA restrictions amid AR crackdown. Steve Walton writes… According to media sources, the Financial Conduct Authority (FCA) has placed 10 firms under restrictions for failing to meet its expectations on overseeing Appointed Representatives (AR). This follows the FCA’s launch of a dedicated AR department last year to focus on tackling harm posed by Principal firms […]

Let’s play a game. A board game, actually. If, like me, you’ve played one too many games over the festive period, it’s probably the last thing on your mind. But here’s why: I have read that more than a third of UK adults believe children who are good at playing board games, like Monopoly, are […]

Appointed Representatives – Are Your Principals Holding You Back?    The Appointed Representative/Principal business model in the UK has evolved considerably – in the last 12 months there have been over 60 insurance broker start-ups in the UK choosing this as the route to building their businesses.  It’s a good time to be an AR too – in our recent survey of appointed representatives, 74% of respondents rated their ability to compete against the wider market as high or […]

Market conditions 2020 – What lies ahead? 19 June 2020 Background Over the last 15-20 years insurance buyers have enjoyed a soft market cycle largely driven by an oversupply of capacity in the market.  This has resulted in reduced premiums and enhanced policy coverage as insurers compete for market share. The prolonged soft market cycle […]

Website Design Services. Here at Momentum we take marketing seriously. We are partnered with a web design agency who provide us with a couple of great value website deals. They also offer bespoke designs, for if you want something a little more tailored. Professional One-page website ready in 1 week £650 Template that includes the […]

Does your business have 2020 vision? As a brokerage owner, it’s good to take a step back from the daily hustle and review your strategies to determine what’s worth keeping, what’s worth adding, and what needs to go. Think about the gains you could make over the course of the year by simply swapping out […]

Best Price vs Best Value Using price as an incentive? In our opinion, you should aim to be the best, not the cheapest   Momentum supports many businesses at the start-up stage and winning new clients is paramount for them.  When you’re just starting out, it can be tempting to try to undercut everyone in […]

A day in the life of a Momentum private client broker. Karen Jackson is a private client broker who has worked at Momentum since 2010. She is one of a team of four who look after personal lines. In particular, Karen deals with high-net-worth clients. She also works on standard household, motor and caravan. When […]

Intellectus Insurance Brokers Phil and Pete’s journey so far Phil Bass and Pete Phillips both have broking backgrounds going back to the early 90’s, until joining AXA Commercial Direct within a month of each other in 2007.  They set up their own broking business via the AR route in 2014.  After three years, they decided […]