Insurance brokers not concerned about Brexit: RSA
More than 60% of insurance brokers believe Brexit will either have a positive outcome or will have no impact on their business, according to a survey by global insurer RSA. Similarly, among small and medium enterprises (SMEs), 27% believed Brexit would be good for business and 43% believed there would be no impact. The study also found 88% of brokers thought underinsurance was an issue among SMEs, with only 14% planning to extend cover in the coming months.
Survey also investigated the reasons for underinsurance in the SME market.

Research by RSA has shown that 63% of brokers believe that leaving the EU would be either positive (32%) or have no effect (31%) on their SME clients.

Only 17% said Brexit would have a negative impact.

According to the insurer's findings, brokers were equally unmoved about the impact of Brexit on their own business. Some 32% predicted it would be positive and 32% also predicted it would have no impact on their company.

The survey of 84 brokers and 1000 SMEs conducted in September also found that