The number of customers banking online has greatly increased as the online channel finds its place within both consumers' lives as well as the distribution strategies of major providers.
2006 saw a wave of large-scale merger activity between brokers continue, as consolidation swept through the broking sector. So what does this mixing of brokers mean for insurers?
Many high net worth individuals are changing the ways in which they manage their wealth, turning to the online platform as a more effective way of handling their portfolio.