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Broker consolidation - Small, but perfectly formed

Brokers could be forgiven for thinking the current rate of consolidation signals the death knell for smaller businesses, but many believe such takeovers could leave clients and businesses disillusioned. Is the independent broker destined to stay alive? asks Simon Cooter

Is the tide of broker consolidation unstoppable? Within three years, will there be 200 insurance brokers, or even fewer? Is the demise of the independent broker just a matter of time?

Some commentators

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Commercial insurance rates dip 8%

UK commercial insurance rates decreased by 8% in the first quarter of 2026, outpacing most other major markets, according to the latest Global Insurance Market Index from Marsh.

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