Analysis

Surviving the soft market: The role of refinancing in broking

By 2025-02-13T07:00:00

refinancing

Refinancing is fast becoming a more central pillar of a broker’s operations, used as a tool to navigate soft market conditions, enable M&A or to facilitate strategic action plans

Debt has always been a key part of the UK general insurance (UKGI) broking arena, with average debt levels currently standing at more than 35 times earnings before interest, taxes, depreciation and amortisation (ebitda), according to the latest analysis of broker financial accounts by market intelligence firm Insurance DataLab.

With such high levels of debt in the market, managing financing arrangements is an increasingly important task for many broking bosses, making the refinancing of this debt a hot topic in the industry.

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