Almost all brokers predicting revenue growth

Insurance brokers are overwhelmingly confident that their firms will experience strong growth this year, new research from Ascend Insurance Holdings (AIH) indicates.

The research – consisting of a survey of 100 UK brokers conducted in March 2026 and released yesterday (7 May 2026) – found that 54% of brokers expected to see revenue growth of between 5% and 10% across the next 12 months.

A further 42% of brokers predicted growth of 10% to 15%, meaning that some 96% of firms currently hold a strongly optimistic view of the market.

Furthermore, when considering the upcoming three years, 63% of brokers forecast between 10% and 15% growth, while a further 30% predicted growth above 15%.

Brokers also felt that directors and officers (D&O), employee benefits, key person, property and cyber insurance were the most promising growth areas in the upcoming year.

AIH suggested that firms were expecting to see a plateauing of the soft market by the fourth quarter of 2026, helping to reinstate healthy profits.

Ambitious expansion

Matthew Collins, chief executive at AIH, said: “Insurance brokers are optimistic about growth in their sector and ambitious to expand their own businesses too.

“The challenge for many, however, is that they may struggle to achieve the growth they expect without investment and support on issues such as regulation and technology.

“By accessing outside expertise and central capabilities, brokers can broaden their proposition and expand without losing focus on their core business.”