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Top insurance brokers in the UK

 

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The relevance of insurance to the economic growth of any country cannot be overstated. When faced with a natural catastrophe, fire, accident, or any other type of loss, having the correct insurance coverage can make a difference. Finding the best insurance coverage for your business would make a difference. But how can you be certain that you have obtained the most appropriate coverage? This is when a competent insurance broker might come in handy. There are top insurance brokers in the UK who have been able to distinguish themselves by offering excellent services to their clients.
In this post, we’ve researched many of the top insurance brokers in the UK and selected the best 10 for you. 

WHO ARE INSURANCE BROKERS?

Insurance Brokers are known as insurance intermediaries. They act as middlemen between several insurance companies and have access to several insurance providers. Unlike an insurance agent who represents just one insurance company, insurance brokers are independent. This allows them to provide their clients with the greatest coverage at the best price.

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 WHY SHOULD YOU USE INSURANCE BROKERS?

Insurance brokers have access to a large number of policies because they work directly with a variety of insurance firms. Due to that, they may have access to products that most consumers do not. Some insurance policies can be difficult, and an insurance broker can help you understand the intricacies of a policy. The level of coverage you require to ensure you are adequately covered is also determined. A Service fee may be charged or they get compensated by the insurance company.

TOP INSURANCE BROKERS IN THE UK

There are a number of insurance brokers companies in the UK, but we have only selected the Top best for you:

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1. Gallagher

Top Insurance Brokers in the UK

The Gallagher is one of the top insurance brokers in the UK, specializing in risk management, and human resource consulting. Since 1927, they have partnered with customers to identify practical answers to their problems. They promote a dynamic, entrepreneurial culture that has helped them become pioneers in developing and growing goods and services for their customers. Also. they offer cost-effective, client-focused, and expertise-driven, making them much more than just an insurance broker

2. Marsh McLennan

Top Insurance Brokers in the UK
Top Insurance Brokers in the UK
Marsh McLennan is a multinational professional services organization specializing in risk, strategy, and people. It assists insurers in implementing successful growth, risk, and capital plan to meet the insurance industry’s future. More so, Marsh McLennan Agency (MMA) offers commercial insurance, employee health and benefit plans, retirement plans, and private client services.
Its 83,000 employees provide advice to customers in 130 countries. MMMC assists corporate and public sector leaders through four businesses: Guy Carpenter, Mercer, Oliver Wyman, and Marsh.

3. Aon

Aon Risk Solutions | Life Science Washington

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Aon is a multinational professional services organization that offers risk, retirement, and health solutions. It collaborates and assists clients to improve business choices and in meeting unsatisfied or unfulfilled demands as a result of today’s fast-changing, increasingly complicated, and interlinked difficulties.

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In 120 countries, they have employed 50,000 people and aim to give insights that minimize variability and improve performance by leveraging proprietary data and analytics. Aon is well-positioned to provide new solutions that solve unmet client needs and become the partner of choice for all organizations wishing to make better decisions.

4. Willis Towers Watson

Willis Towers Watson celebrated for its diverse inclusive culture

Willis Towers Watson is one of the world’s leading advisory, broking, and solutions firms that helps clients across the world, convert risk into a route to development. As one of the top insurance brokers in the UK, they provide novel ideas and world-class assistance to their clients by collaborating across the business, region, and functional lines.

Willis Towers Watson was founded in 1828 and has 45,000 workers servicing over 140 countries and regions. They create and implement solutions that manage risk, optimize benefits, foster talent, and use capital to protect institutions and individuals.

5. Aston Lark

Contact Us | Aston Lark

Aston Lark is one of the top five leading Accredited Insurance Brokers in the United Kingdom. It offers full insurance advice and risk management services across all commercial sectors, schemes, and specialisms. They have a highly specialized in-house team accessible when needed, as well as an award-winning private client branch that offers professional advice to individuals.

Over 100,000 clients trust their services across the UK. They have over 800 employees processing aggregate insurance premiums for a total of £256 million, and their Derby branch serves over 1,700 companies.

6. AA

File:AA Insurance logo.svg - Wikipedia

The AA is a renowned insurance company that offers insurance in a variety of industries, including travel and home, as well as motorcycles and electric cars. It largely focuses on personal insurance lines, such as house and contents insurance and auto insurance. 
Its vehicle insurance products include vintage car, caravan, motorbike, and motor home insurance choices, while its house and contents policies offer landlord and renter-specific alternative solutions.
Additionally, In 2018, AA launched its first small business insurance package, which covers coverage for statutory liability, commercial vehicles, and public and product liability, among other risks. 

7. Markerstudy

Markerstudy Broking | Markerstudy Broking

Markerstudy specializes in automobile insurance and related services. With significant expertise and experience, they are able to offer inexpensive insurance policies for both standard and non-standard automobile cover. Customers include young drivers, owners of high-performance/high-value cars, kit cars, and drivers with unique jobs or accident/conviction records.

They collaborate with over 1,000 UK brokers and intermediaries to deliver appealing policies that suit the demands of their clients.

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8. Global Risk Partners 

Searchlight Capital Partners completes acquisition of majority stake in Global Risk Partners

GRP is one of the largest insurance intermediaries in the UK, serving around 500,000 personal and business clients. Since its inception in 2013, it has organically developed via the acquisition of brokers, MGAs, portfolios, and teams. Subsequently, their operational help in regulatory compliance, human resources, information technology, and finance have benefitted existing management teams.

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The Group’s performance reflects the quality of its client proposition and the appeal of its acquisition solutions.

9. PIB

Tweets with replies by PIB Insurance Brokers (@PIB_Insurance) / Twitter

PIB Insurance Brokers (PIB) is one of the top insurance brokers, which also offers risk management and employee benefit services. Hence, through its broking, underwriting, and network divisions, PIB Group has developed since its founding in 2015 into a highly diversified insurance distribution consolidator that focuses on specialized commercial lines and non-standard personal lines products.

PIB also meets the market’s need for a specialized, independent, client-centered, and service-focused insurance consultant. From start-ups to SMEs to major corporate risks, they provide insurance solutions for businesses of all types and levels. 

10. Saga

Top Insurance Brokers in the UK

Saga is a British firm that caters to the requirements of those over the age of 50. It has 2.7 million clients. The insurance business, including brokerage, constitutes the majority of the Saga Group’s revenue. They offer a variety of insurance products, including motor, home, travel, caravan, commercial van, pet, private medical, life insurance, and motorhome.

Additionally, they own and manage the cruise ships Spirit of Discovery and Spirit of Adventure, as well as Titan Travel and Destinology, a premium vacation firm. 

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