10 December 2025

When premiums fall and capacity feels abundant, it’s easy to wonder whether wholesale brokers are still essential. After all, if local markets are eager for business, why look further? But here’s the thing, risks placed through wholesalers were there for a reason. Often, it’s because local capacity was limited or disappeared altogether.

 

Soft markets simplify the surface, not the complexity beneath

Competition is back across many commercial lines. Appetites are widening, prices are dropping, and regional markets are chasing new business though sometimes at rates that simply won’t last. We’ve all seen this before when markets pivot and suddenly those complex, high-hazard or high-exposure risks need specialist solutions again.

When that happens, will you have the right capacity at the right price? Here’s what many forget: specialist markets value loyalty. They remember who supported during softer cycles and they look after those relationships when conditions harden.

 

What if you could avoid the uncertainty altogether?

Imagine securing a long-term, sustainable solution for your client now rather than scrambling later. That’s where wholesale broking comes in.

Wholesale broking is your partner through every market cycle. 

The value of a strong wholesale partner goes far beyond hard markets. Here’s why:

 

Talk to VLM

At Verlingue London Markets (VLM), we help retail brokers by providing:

 

Is your wholesale partner doing enough to support you through the cycle? If not, let’s talk.

 


Marc Smart
Deputy Head of London Markets

marc.smart@verlingue.com

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This is intended for professional insurance intermediaries, and is for information purposes only. It does not constitute advice or a personal recommendation. Wholesale broking may not be suitable for all risks, and market appetite can vary depending on the client profile and underwriting criteria.