This statistic presents the biggest threats to broker retention of small and medium sized enterprise (SME) business according to insurance brokers in the United Kingdom (UK) as of December 2014. Most respondents, 68 percent, mentioned aggregators and comparative quote engines as the biggest threat to keeping SME customers, while another 49 percent stated direct insurers as the biggest threat.
United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business?
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Insurance Times. (December 15, 2014). United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business? [Graph]. In Statista. Retrieved January 21, 2021, from https://www.statista.com/statistics/496819/united-kingdom-threats-to-insurance-brokers-retention-of-sme-business/
Insurance Times. "United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business?." Chart. December 15, 2014. Statista. Accessed January 21, 2021. https://www.statista.com/statistics/496819/united-kingdom-threats-to-insurance-brokers-retention-of-sme-business/
Insurance Times. (2014). United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business?. Statista. Statista Inc.. Accessed: January 21, 2021. https://www.statista.com/statistics/496819/united-kingdom-threats-to-insurance-brokers-retention-of-sme-business/
Insurance Times. "United Kingdom Brokers: What Are The Biggest Threats to Brokers' Retention of Small and Medium-sized Enterprise (Sme) Business?." Statista, Statista Inc., 15 Dec 2014, https://www.statista.com/statistics/496819/united-kingdom-threats-to-insurance-brokers-retention-of-sme-business/
Insurance Times, United Kingdom brokers: What are the biggest threats to brokers' retention of small and medium-sized enterprise (SME) business? Statista, https://www.statista.com/statistics/496819/united-kingdom-threats-to-insurance-brokers-retention-of-sme-business/ (last visited January 21, 2021)