15 September 2021

Principal confirmed as UK Top 50 broker for third year running

top 50 brokers

Principal Insurance have been named among the UK’s top 50 personal insurance brokers for the third consecutive year.

An annual survey by trade magazine Insurance Age (subscription) again confirmed us as being among the industry’s high flyers.

This achievement is even more impressive given our relative youth. Despite only this year celebrating our 10th anniversary, we have leapfrogged many long standing players in the market.

principal insuranceWe’re especially proud of our listing given the disruption to the market caused by Covid over the past 18 months.

By being extremely agile and swiftly identifying  gaps in the market we secured tremendous growth.”

He added: “We’ve achieved this success in such a relatively short time is testament to the quality and value of the cover we provide to our ever-growing customer base.”

“I’m particularly proud of how we overcame the considerable obstacles presented by the pandemic to maintain our impressive growth trajectory.”

He pointed out that we overcame Covid challenges to not just grow our well established motorbike insurance business, but significantly expand our presence in the car, van, motorhome and courier insurance markets.

Insurance Age’s Top 50 Brokers in Personal Lines ranks the UK’s personal insurance brokers according to the annual gross written premium (GWP) – the value of policies they sell – they generate.

Principal Insurance featured within the survey’s £20m to £24.99m GWP band. This is a step up from the £15m to £19.99m band in which we featured in the 2020 survey.

 

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