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Insurance brokers outnumbered against emerging threat

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Insurance Business | 24 Oct 2012, 12:05 AM Agree 0
An army of 11,000 mortgage brokers have been commanded by their industry association to expand their insurance offerings and grab a slice of a market previously dominated by insurance brokers...
  • Graham Hughes | 24 Oct 2012, 01:16 PM Agree 0
    Any competition from sales people at the cold face is a threat but I don't think any more of a threat than the Direct Insurers bombarding the TV chanels everynight with their cut throat pricing! I think the mortgage brokers will be in the same boat as Insurance Brokers fighting the cheap direct writers!
  • John Knights | 24 Oct 2012, 03:18 PM Agree 0
    Unless Mortgage Brokers want to extend their working hours considerably, want to become compliant for advice purposes and to gen up on over 300 products then I can't see them as being much more than commodity sales people.
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