Currently, in the UK there is an increase in the number of people deciding to start-up their own insurance brokerage firms. According to Broker Network, the UK’s largest network of independent brokers, there are many reasons people are choosing to start their own independent brokerage.
They range from the freedom to decide their own path, to the desire to improve existing services. Like any new business, the start-up process requires lots of up-front planning and research, but taking this time to prepare properly, gives your business the best chances of success.
There’s an interesting article in this month’s issue of Modern Insurance Magazine that gives a crash course on start-up’s in the insurance and broker markets, including other industry highlights, at the following link.
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