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Covid-19: Broker M&A numbers predicted to drop

Buy Sell Green Road Sign Vector Illustration on a Radiant Blue Background

But the consolidators say their models have not changed as a result of the coronavirus.

The number of acquisitions in the broking sector is expected to fall as a result of the coronavirus outbreak, according to experts.

However, several of the consolidators told Insurance Age that their strategies have not changed since the crisis started and that they are still keen to make deals.

Mike Bruce, group managing director at Global Risk Partners (GRP), commented: “This thing that’s turned everyone’s lives on their heads has effectively happened in three weeks.

“We had a strong

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