The last question – is the end of UK M&A consolidation nigh?

Lee Anderson

With brokers of scale being acquired faster than new start-ups are appearing, Lee Anderson, group deputy CEO, Specialist Risk Group, asks if it is inevitable that UK M&A will grind to a halt?

In 1956, the renowned science fiction author Isaac Asimov wrote his seminal work The Last Question in which he foretold the death of the universe when all available energy has been spent.  

Multivac, a supercomputer is asked over many millennia whether this inevitable path to nothingness can be reversed but only ever reports: “Insufficient data for a meaningful answer.”

Are there parallels for the UK insurance distribution space?

If you subscribe to the prevailing mood, there are two seemingly

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FCA cancels broker’s permissions

The Financial Conduct Authority has cancelled the ability of George Baker (Insurance Brokers) to carry out any regulated activities, with immediate effect.

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