It’s hard to deny that the last three years have been turbulent and with the UK entering a recession and inflation at a 40-year high, so is this really the right time to start up an insurance brokerage? At Momentum, we have seen a huge amount of interest from people in the broking community who […]
“Taking the leap not once but twice” Ben Woodall’s journey to starting up an insurance brokerage and subsequent move of FCA principal When running your own insurance brokerage, it can be extremely difficult to meet your client’s needs whilst growing your business and staying on top of renewals. Gaining the courage to take the leap […]
Start up businesses – Top tips cheat sheet Are you thinking of starting a new business (hopefully with Momentum)? To help you out we’ve pulled together a top tips cheat sheet full of all the information you need to make that leap. Where do I start? Despite what many people think, writing a business plan is the […]
AR contract and client ownership – Understanding the detail By Alistair Body Business Development Director, Momentum Broker Solutions Starting an insurance brokerage is a great thing to do for the entrepreneurial insurance broker and the Appointed Representative (AR) model continues to grow in popularity. There are a number of options available for those looking to […]
Consolidation – Fight or Flight? By Alistair Body Business Development Director, Momentum Broker Solutions Consolidation has dominated the headlines of the insurance press for a number of years and continues to fuel the fire in the insurance broker start-ups world. Amongst our recent start-ups we have seen individuals working for a family business being taken over […]
What to consider when choosing your FCA Principal The Appointed Representative model continues to grow in popularity with more than 500 Commercial and HNW AR’s in the UK and a growing number of Principal Firms. Making the decision to start your new venture can be a daunting one but with the right planning and due […]
Why do start up insurance brokerages fail, or never start in the first place? Over the last 10 years Momentum has worked with over 1000 individuals who have explored the potential of starting their own insurance brokerage. Those who made the decision to start their own business have shared the lessons they have learnt and […]
Can you run your insurance brokerage from home? With Covid-19 providing a basis to the argument that working from home is the future, we take a look at the key considerations for running your insurance brokerage from home, and a few things to consider when beginning that process. Do I need permission to run a […]
Top ten things to consider when reviewing your FCA Principal relationship The Appointed Representative model continues to grow in popularity with more than 500 Commercial and HNW AR’s in the UK and a growing number of Principal Firms. Making the decision to move Principal can be as tough as the one you made when you […]
Pandemic ignites UK’s strongest start-up boom in a decade By Alistair Body Business Development Director, Momentum Broker Solutions “I was recently working for a local broker in Hull and had spent the last five or six years contemplating the potential of starting my own business and we just decided to take the plunge.” This is […]
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