Defaqto: Oversupply likely to hit brokers
In its latest report into the UK Home Insurance Market, Defaqto claims new entrants have made the market increasingly competitive. As a result it predicts brokers will struggle to keep their share of business.
It said home insurers have benefited in recent times from a combination of strong economic performance and benign weather conditions, attracting new players.
In the report Defaqto states that the
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