The 2026 Bexhill State of UK Insurance Broking Report

Created for Bexhill UK, this report combines FCA register data, company financials, and ownership analysis to examine more than 3,600 active insurance brokers across the UK.

It describes a market with a substantial footprint but structurally thin margins: reporting firms generated £24.3bn of turnover in the latest available accounts, while operating expenses typically accounted for more than 85% of turnover.

The report also highlights the extent of consolidation in regional broking. London and the South East account for around 40% of firms, and 61% of ranked companies are owned by a parent group that owns at least one other broker.