Greater than three quarters (79%) of brokers had a rise in non-standard insurance coverage enquiries over the previous 12 months with an similar quantity anticipating continued progress within the 12 months forward, in accordance with a survey by Status Underwriting.
The managing basic agent polled 65 brokers concerned in non-standard markets in Could and June for the primary Status Underwriting Non-Normal Survey.
The members detailed anticipating progress from an increase in buyer numbers fairly than it being solely as a result of a rise in premiums. Solely 13% cited fee will increase as the motive force.
The keenness proven by brokers for the non-standard market is each welcome and inspiring.Alison Williams, managing director at Status Underwriting
The survey additionally
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