Company says UK consolidation will be “nearly done” by the end of 2016.
Arthur J Gallagher has delivered a broking profit of $53.3m [£37.03m] for the final quarter of 2015, down from $63m in the same period of the previous year. Despite the 15% fall the division still produced...
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
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