Very few 'Start up' brokers are now applying to the FSA for direct authorisation and one has to wonder with big brokers grabbing every opportunity to buy up existing smaller brokers where is the Insurance world going to find new distribution channels with motor insurance and home insurances all being grabbed up by the aggregators.
Most medium and small brokers have chosen to concentrate on commercial insurances such as property owners liability financial lives such as professional indemnity insurance to Directors and Officers Insurance, together with commercial combined type products.
The insurance companies are also very much to blame for not offering small 'start ups' the chance to yet establish themselves by setting ridiculous targets.
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