Merger Q&A

A recent survey by Mazars stated that despite the apparent softening of the market, merger and acquisition continued apace with noticeable activity by the larger brokers such as Folgate. There are a number of reasons why a broker might consider merger, but increase of market influence; perceived economies of scale; increase of market share and as an exit route for existing shareholders were the top four considerations. Insurance Age spoke to Paul Beasley, managing director at RHG, which had