Broker schemes data reveals the lines with ‘consistent growth in earning value’
The commission brokers earned from commercial combined lines increased 33% year-on-year, equivalent to an uplift of £1.24m
Further reading
Latest broker schemes data hints at ‘slightly improved’ trading period
’While premiums have seen increases across the board, commissions have increased at multiples of this,’ explains chief executive
In Focus: How niche schemes are becoming more important to brokers’ growth strategies
Niche schemes have been talked up by experts after brokers were told to focus on size or speciality in the future
Briefing: When competitors collaborate…
UKGI’s broker leaders dissected some of the sector’s most pertinent challenges at this year’s Broker CEO Forum
Briefing: Industry must pull together to tackle unsurprising record high broker stress
Heavy workloads, regulatory change and staff shortages are among the reasons why brokers remain so stressed and suffering from poor mental wellbeing, according to insurer research
Briefing: Ifed celebrates 2024 custodial sentence success as it firms up 2025 operations
Tom Hill, detective chief inspector at the City of London Police’s Insurance Fraud Enforcement Department, rounds up the department’s 2024 activity and spotlights its focuses for 2025
Briefing: Lloyd’s of London’s choice of chief executive will define its future
The choice of the next chief executive is most probably one of the biggest decisions the market has made in years
Darren Galloway: Broker service key for newly launched MGA
’We’re trying to bring together traditional underwriting, traditional service [and] access to highly experienced and knowledgeable underwriters, but with a modern spin,’ says managing director
Luisa Barile: ManyPets targeting growth in lucrative UK market
’We have a very clear plan on growing the UK and [are] now focusing on capturing that growth,’ says group chief executive
Insurance Times Advent Calendar: Jason Storah
For the 24th and last day of advent, Jason Storah, chief executive for general insurance at Aviva UK and Ireland, lists his Christmas wish list for the industry
Laura Drabik: Spotlighting the ‘hottest new insurtechs’
’Carriers don’t have time to investigate’ up and coming insurtech propositions, so software firm offers incubation scheme to do the hard work for them
Nikki Lidster: Zurich UK reinforces ‘people business’ philosophy with investment in underwriters
TechTalk: Insurers still grappling with legacy system challenges
The Big Question December 2024: What trends do the UKGI market need to be cognisant of heading into 2025?
Briefing: Technology innovation once again raises London’s transformation hopes
Alan Thomas: Picking ‘up the reins’ at Ripe Insurance
Briefing: Ifed celebrates 2024 custodial sentence success as it firms up 2025 operations
Darren Galloway: Broker service key for newly launched MGA
Briefing: Lloyd’s of London’s choice of chief executive will define its future
Tackling ‘lack of understanding’ about insurance is vital in war for talent
Briefing: Major insurer snubbing LSE for Wall Street is setback for UK
Luisa Barile: ManyPets targeting growth in lucrative UK market
Briefing: 2025 shows little sign that the tide will turn
SRG seeks to tackle industry’s ‘very rich vein of nepotism’ through charity partnership
Insurers need to redefine talent acquisition and upskilling strategies in 2025
Top 50 Brokers: Top six UK brokers peel away from revenue peloton with billions under belt
Briefing: What New Year’s resolutions should UKGI be making for 2025?
Top 50 Brokers: Broking is no longer local – global acquirers are here to stay
Top 50 Brokers: Which brokers were 2024’s high flyers?
Opinion: Supercycle has fuelled ‘abusive’ returns for UK brokers – but has it also caused ‘complacency’?
The risky transition to renewable energy
Briefing: Management moves may highlight a deeper industry problem
In Focus: New public-private partnership opens door to new counter fraud capabilities
The time for telematics is now – but the industry must agree on education
Jason Harris: Connectivity, people and agility are the key pillars for QBE International
Laura Drabik: Spotlighting the ‘hottest new insurtechs’
Part of the Insurance and Risk group of Newsquest Specialist Media
Published by Newsquest Media Group Limited, registered in England & Wales with number 01676637
at 1st Floor, Chartist Tower, Upper Dock Street, Newport, Wales, NP20 1DW - a Gannett company
at 1st Floor, Chartist Tower, Upper Dock Street, Newport, Wales, NP20 1DW - a Gannett company
Site powered by Webvision Cloud