Broker confidence in non-standard market waning, says Prestige
Managing general agents remain pivotal in non-standard but there are “mixed signals” in broker confidence, according to a survey by Prestige Underwriting.
The research conducted in February and March with 99 brokers painted “a complex picture of the non-standard insurance market”, the firm reported citing strong growth in enquiries but waning confidence of the market’s solutions for non-standard risks.
A previous poll released in June 2024 had shown 79% of brokers experienced an increase in non-standard insurance enquiries over the past year.
The non-standard insurance market offers substantial potential, and our focus is on empowering brokers to
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