Commercial brokers need to rethink strategy
Friday, 04 28 2017, Category: Insurance and Reinsurance, Country: United Kingdom
Commercial insurance brokers will need to have evolved into real business advisors for their small and medium-sized (SME) customers by 2027 or face extinction, warns a new report from the Chartered Insurance Institute (CII)’s Insurance Broking Faculty.
The Future of Commercial Insurance Broking report, produced in association with accounting consultancy PKF Littlejohn and broking start-up Konsileo – analyses the present state of the UK’s SME commercial insurance broking market and looks forward ten years to how the market, and those working within it, will need to adapt and change to be both relevant and successful in 2027.
Source: Intelligent Insurer