BIBA 2010: Lexicon exec hails insurance broker resilience
The insurance broking sector has performed at a “remarkable” level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event at the British Insurance Brokers' Association conference yesterday.
Joe Suddaby, an executive at Lexicon, told attendees of the ‘Riding the Storm' event, chaired by Biba head of technical services, Peter Staddon, that the insurance broking market had shown resilience
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