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Author Archive for: SashaAdmin

Entries by Sasha Goschen

The Appointed Representative model is growing in popularity, but there can still be confusion regarding the division of responsibilities between the Principal and the Appointed Representative.

Starting a Broking Business: The First Three Steps Starting your own broking business can be an exciting and rewarding endeavour. But where do you start? Here are three of the first steps to starting an insurance broking business.Market research involves identifying and contacting potential customers of your new business to determine whether there is an […]

UK Appointed Representative Sentiment Survey The Appointed Representative business model is fast becoming the most relevant model for individuals and teams starting and building their brokerages. There are close to 500 commercial appointed representatives in the UK. This is over 20% of all retail brokers and is the fastest growing sector of the market. Recognising […]

Thinking of becoming an Appointed Representative – beware the small print One of the benefits of making the move from traditional account executive to appointed representative is the ability to build and nurture a client book all of your own. The value in a book of loyal clients is well understood in the market, and becoming an […]

What is a principal firm? Following the FCA publication of the thematic review into Appointed Representatives, Howard Pepper, Managing Director of Momentum, explains why it’s important to understand the different dynamics at work and the various types of principal firms out there. The article was published in today’s insurance age. Read the article here

The rise of the Appointed Representative By Howard Pepper Managing Director, Momentum Broker SolutionsFor a long while the Appointed Representative (AR) business model in the general insurance market has not had the same acceptance as Directly Authorised brokers. In the broader financial services world, however, this is a prevalent way of trading, with thousands of IFAs operating […]