Analysis

Opinion: Supercycle has fuelled ‘abusive’ returns for UK brokers – but has it also caused ‘complacency’?

By 2024-12-19T10:00:00

economic growth, grass, watering can

Consultancy chief executive notes strong economic growth over the past 15 years has supported broker valuation boost – but warns that supercycle tide can’t keep brokers afloat forever

Listening to John Wepler, chairman and chief executive at consultancy MarshBerry, speaking at this year’s Broker CEO Forum – hosted by Insurance Times on 14 November 2024 – it was impossible not to be enticed by his alluring tale of broking “Utopia”, where a 15-year supercycle has contributed to brokers becoming the “highest performing asset class of all asset classes”.

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