THB looking to purchase small to medium competitors

London broker THB said it was looking to purchase small to medium-sized London competitors under pressure from soft markets and the weak dollar. In its chairman's statement, the firm said: "THB intends to position itself as a consolidator in the mid-market. The focus will be on finding insurance professionals with specialist skills who enhance THB's own, and enable us to take advantage of business from the wider global network, while driving costs down relative to income."