45% would branch into commercial insurance, survey finds

Two in five mortgage brokers are considering turning their hand to general insurance, according to a survey by comparison site Source Insurance.

The survey of 232 brokers found 45% would consider offering commercial insurance products, while 38% already do.

Price was the main factor the brokers considered when recommending a product. Some 63% said competitive rates were an essential consideration, compared with 35% who said claims experience was essential and 45% who wanted a financially stable insurer.

Source Insurance is an aggregator of buildings and contents, buy-to-let and mortgage payment protection insurance aimed at mortgage brokers.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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