
On a slightly more serious note, 94 per cent of brokers reported insurance broking
to be tougher now than it was 5 years ago. If they had the chance, this is what they
would most like to consign to history’s trashcan:
- 63 per cent would reduce the burden of regulatory compliance
- 38 per cent would bin the endless reams of paperwork
- 28 per cent would eliminate competition from other sources
We also gave brokers an imaginary magic wand. Here are the positive changes they
would bring to modern insurance broking:
- 43 per cent would raise broker salaries
- 34 per cent would renew faith in the role of the broker
- 15 per cent would shorten working hours
Sadly, RBS Finsure doesn’t have any such magic wand.
We can, however, offer greater opportunities for earning, boosting broker profits.
By offering customer finance from a well-known and trusted brand, we can enhance
brokers’ product portfolio while cutting admin time through our electronic trading
solutions.
We hope that you enjoyed our little book, and if you have any comments or thoughts on
the points it raised, we’d be delighted to hear them.
Email us at feedback@finsure.co.uk
Trevor Brittain
MD, RBS Finsure