Just over one in 10 broker firms have succession plan - Aviva

Adam Saville
clock • 2 min read

Broker industry set for year of growth, says research from Aviva

Only 13% of broker owners have taken steps to protect the future of their business, research from Aviva has revealed. The study also found that the current climate is not hindering broker growth despite Brexit, inflation and rising interest rates, with 42% of brokers planning to expand their business, over half (51%) feeling as if the economy has had no impact on their business and one in five (20%) believing it has had a positive effect. Seven percent, meanwhile, cannot see any opportunities on the horizon and are worried about the next 12 months. Future plans The poll found that ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

AFM members pay out £70m on IP claims in 2023

AFM members pay out £70m on IP claims in 2023

Claims for musculoskeletal continue to rise

Jaskeet Briah
clock 17 April 2024 • 2 min read
Claims pay outs rise 25% for Reassured's customers

Claims pay outs rise 25% for Reassured's customers

MetLife paid out to 692 customers

Jaskeet Briah
clock 17 April 2024 • 1 min read
Guardian joins Mortgage Advice Bureau's protection panel

Guardian joins Mortgage Advice Bureau's protection panel

"This partnership will add more value to the advice and products we offer"

Jaskeet Briah
clock 17 April 2024 • 1 min read