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Old school consolidators return

A new consolidator embracing traditional broking methods is set to hit the market.

Former Equity Insurance Brokers' managing director, Nick Potts, and acquisitions and insurer development director, Mike Hutton, are awaiting Financial Services Authority authorisation to re-enter the industry with their new enterprise, NMJ Insurance Brokers (NMJI).

While general consolidation has slowed down, the new venture is seeking to purchase established, quality broking businesses in small market towns in

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