Survival of the fittest
The growth of networks seemed like the best way of surviving a tough time for the industry but many believed that regulation would dry up any real chance they had to flourish. However, as Paul Lang reports, post-regulation, some networks are experiencing a revival of interest
For many brokers, the growth of networks seemed to offer an answer to the forces of competition and voracious consolidation that threatened their survival.
The concept eased the burden of increased regulation and offered comprehensive management, systems and marketing support, as well as better products at competitive terms, a continued place at the table in negotiations with insurers and an independent future for their businesses.
Similarly, insurers going through the throes of consolidation
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