Broker market shows concentration of power
Consolidators may be finding it difficult to retain business following an acquisition, according to ...
Consolidators may be finding it difficult to retain business following an acquisition, according to research conducted for Insurance Age's Top 100 Independent Brokers 2008 supplement.
Although the top 100 brokers now control £5.7bn in premiums, this was only an increase of £300,000 on last year's figure.
Tony Cornell of Cornell Consulting, who conducted the research, said: "This was an increase of 6% but bearing in mind inflation, economic growth and the scale of acquisitions, the figures suggest
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