{"version":"1.0","type":"report","canonical_url":"https://hackforddata.com/reports/bexhill-state-of-uk-insurance-broking-2026","json_url":"https://hackforddata.com/reports/bexhill-state-of-uk-insurance-broking-2026/index.json","markdown_url":"https://hackforddata.com/markdown-for-agents?target=/reports/bexhill-state-of-uk-insurance-broking-2026","slug":"bexhill-state-of-uk-insurance-broking-2026","title":"The 2026 Bexhill State of UK Insurance Broking Report","summary":"Research produced by Hackford for Bexhill UK, examining more than 3,600 FCA-regulated insurance brokers, regional concentration, cost structures, and consolidation trends.","author":{"type":"Organization","name":"Hackford","url":"https://hackforddata.com"},"date_published":"2026-03-25","date_modified":"2026-03-25","language":"en-GB","license":"All Rights Reserved","downloads":{},"topics":["FCA-regulated insurance brokers","UK insurance broking","Company financials","Ownership analysis","Regional concentration"],"citation":"Bexhill UK and Hackford, \"The 2026 Bexhill State of UK Insurance Broking Report\", 2026.","content_plain":"The 2026 Bexhill State of UK Insurance Broking Report\n\nResearch produced by Hackford for Bexhill UK, examining more than 3,600 FCA-regulated insurance brokers, regional concentration, cost structures, and consolidation trends.\n\nSummary\n\nCreated 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.\n\nIt 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.\n\nThe 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.\n\nKey findings\n\nThe report identifies 3,633 active UK insurance brokers whose primary activity is insurance broking.\n\nReporting firms generated £24.3bn of turnover in the latest available accounts.\n\nOperating expenses typically accounted for more than 85% of turnover among reporting firms.\n\nLondon has 948 active insurance brokers, just over 26% of all UK broking firms in the report.\n\nThe South East has 521 active insurance brokers, making London and the South East roughly 40% of the UK broker population in the analysis.\n\nThe East of England is the largest region outside London and the South East, with 414 active insurance brokers.\n\nAmong ranked companies, 61% are owned by a parent group that owns at least one other broker.\n\nThe report states that the sector supports more than 90,000 people, with many more supported indirectly through associated professional services.\n\nMethodology\n\nThe report identifies active UK insurance brokers using FCA permissions data, Companies House Standard Industrial Classification codes and publicly available data.\n\nFinancial performance metrics are derived from statutory filings submitted to Companies House, using structured XBRL extraction and OCR technology for scanned PDF accounts.\n\nRegional ranking inclusion requires core insurance broking activity and reported turnover above £100,000 in the latest accounts filed since 1 January 2024.\n\nRegional placement is based on head-office location and verified address data from Companies House and FCA records.\n\nWho should read this\n\nInsurance broking executives and finance teams\n\nLenders, investors and advisers analysing UK insurance broker consolidation\n\nCompliance and data teams mapping FCA-regulated insurance intermediaries\n\nResearchers covering UK regional insurance distribution\n\nRelated Hackford searches\n\nActive FCA-regulated insurance brokers by region\n\nInsurance brokers with parent-group ownership\n\nBroker firms by turnover and operating-expense profile\n\nInsurance intermediaries with recent FCA status changes\n\nSource notes\n\nThe report is an information resource only and is not endorsed by the FCA.\n\nThe views expressed in the report are those of the authors and do not necessarily reflect the official policy or position of Bexhill UK Limited.\n\nThe analysis covers 3,633 active UK insurance brokers, using regulatory, company financial, ownership and address data to describe footprint, costs, regional concentration and consolidation.\n\nInsurance broker: A firm involved in arranging, advising on or distributing insurance products, subject to the relevant FCA permissions and activities.\n\nParent group: An ownership group that controls one or more broker businesses in the ranked company analysis.\n\nOperating expenses: Business costs reported in company financial accounts and compared with turnover in the report.\n\nRegional ranking: A report section ranking operating broking activity by region, with inclusion based on core broking activity, financial threshold, brand treatment and head-office geography.\n\nWhat does the Bexhill insurance broking report cover? It covers active FCA-regulated insurance brokers across the UK, with analysis of regional concentration, cost structure, turnover and ownership patterns.\n\nWhere can the PDF be downloaded? The public Hackford report page links to the PDF download hosted by Bexhill UK.","content":{"sections":[{"heading":"Summary","items":["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."]},{"heading":"Key findings","items":["The report identifies 3,633 active UK insurance brokers whose primary activity is insurance broking.","Reporting firms generated £24.3bn of turnover in the latest available accounts.","Operating expenses typically accounted for more than 85% of turnover among reporting firms.","London has 948 active insurance brokers, just over 26% of all UK broking firms in the report.","The South East has 521 active insurance brokers, making London and the South East roughly 40% of the UK broker population in the analysis.","The East of England is the largest region outside London and the South East, with 414 active insurance brokers.","Among ranked companies, 61% are owned by a parent group that owns at least one other broker.","The report states that the sector supports more than 90,000 people, with many more supported indirectly through associated professional services."]},{"heading":"Methodology","items":["The report identifies active UK insurance brokers using FCA permissions data, Companies House Standard Industrial Classification codes and publicly available data.","Financial performance metrics are derived from statutory filings submitted to Companies House, using structured XBRL extraction and OCR technology for scanned PDF accounts.","Regional ranking inclusion requires core insurance broking activity and reported turnover above £100,000 in the latest accounts filed since 1 January 2024.","Regional placement is based on head-office location and verified address data from Companies House and FCA records."]},{"heading":"Who should read this","items":["Insurance broking executives and finance teams","Lenders, investors and advisers analysing UK insurance broker consolidation","Compliance and data teams mapping FCA-regulated insurance intermediaries","Researchers covering UK regional insurance distribution"]},{"heading":"Related Hackford searches","items":["Active FCA-regulated insurance brokers by region","Insurance brokers with parent-group ownership","Broker firms by turnover and operating-expense profile","Insurance intermediaries with recent FCA status changes"]},{"heading":"Source notes","items":["The report is an information resource only and is not endorsed by the FCA.","The views expressed in the report are those of the authors and do not necessarily reflect the official policy or position of Bexhill UK Limited."]}],"dataset_summary":"The analysis covers 3,633 active UK insurance brokers, using regulatory, company financial, ownership and address data to describe footprint, costs, regional concentration and consolidation.","definitions":[{"term":"Insurance broker","definition":"A firm involved in arranging, advising on or distributing insurance products, subject to the relevant FCA permissions and activities."},{"term":"Parent group","definition":"An ownership group that controls one or more broker businesses in the ranked company analysis."},{"term":"Operating expenses","definition":"Business costs reported in company financial accounts and compared with turnover in the report."},{"term":"Regional ranking","definition":"A report section ranking operating broking activity by region, with inclusion based on core broking activity, financial threshold, brand treatment and head-office geography."}],"faqs":[{"question":"What does the Bexhill insurance broking report cover?","answer":"It covers active FCA-regulated insurance brokers across the UK, with analysis of regional concentration, cost structure, turnover and ownership patterns."},{"question":"Where can the PDF be downloaded?","answer":"The public Hackford report page links to the PDF download hosted by Bexhill UK."}],"source_notes":["The report is an information resource only and is not endorsed by the FCA.","The views expressed in the report are those of the authors and do not necessarily reflect the official policy or position of Bexhill UK Limited."]},"machine_readable_data":null,"checksum":"66dc7c46e6550f24a63ed2320d71e0cdbe56b963db7efbf16ced1de9a051ab20","last_modified":"2026-03-25T00:00:00.000Z"}