ILC ARTICLE

EUI tops broker charts


Admiral-owned EUI has been named as the top performing broker in UKGI by market intelligence service Insurance DataLab.

The 2023 Broker Performance Report awarded EUI top spot after it received an Insurance DataLab Broker Rating of 73% for 2023.

Based on Insurance DataLab’s own proprietary formula, the report rated 136 of the largest brokers in UKGI across three key metrics – profitability, growth and productivity.

EUI outperformed the market average by 21%, driven by a particularly strong performance on profitability after it picked up a score of 85%.

Insurance DataLab co-founder Matt Scott said: “Each of our Gold Award winners for 2023 have demonstrated exceptional performance across each of the three pillars that make up our overall rating, and we would like to congratulate them on their achievements.

“The UK broking industry is a thriving sector, and that is why we are delighted to be launching the 2023 Insurance DataLab Broker Performance Report at the BIBA Conference, which itself is a true celebration of the excellent work being carried out by brokers up and down the country.”

Also recognised were RAC Financial Services, JCB Insurance Services, General Insurance Brokers (UK), Roanoke International Brokers, DCJ Group Insurance & Risk Management, Avantia and Payment Shield, all of whom earned an Insurance DataLab Broker Gold Award.

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