8 April 2024Insurance

Brokers turn lax in hard market: pure organic growth up a mere 3.2%

Insurance brokers only squeezed out 3.2% organic growth in 2023 above and beyond what rate and exposure growth delivered on their own on a very split market where top performers still managed double-digit cleaned growth while others sat ‘complacent,’, analysts at MarshBerry contend after a review of 2023 earnings.

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