According to research published by the City of London Corporation:
"The UK’s maritime professional services sector contributes about £4.4 billion to the UK economy annually and directly employs over 10,000 people."
This PwC report estimates that the UK has:
- 35% share of global marine insurance premiums;
- 26% share of global shipbroking revenue; and
- 25% of the world’s maritime legal partners are based in the UK.