The UK Insurance Industry is set to face some significant challenges this year. To begin with, the Financial Conduct Authority (FCA) will be carrying out a market study to see how competition is working in the wholesale insurance sector, and what improvements could be made.
Coupled with this is the on-going uncertainty surrounding Brexit and the rising influence of tech on the sector. To stay ahead of the pack, UK Insurance brokers will need to be flexible enough to adapt to any changes, while maintaining their level of customer service.
To find out more about some of the biggest challenges faced by the Insurance Industry in 2018 and potential solutions to them, click on the following link.
