Bluefin set to buy again
Bluefin chief executive, Stuart Reid, has revealed that the broker is set to embark on a new consolidation drive after securing funds from parent company Axa.
In an exclusive interview with Insurance Age, Mr Reid revealed that he had been tasked with ensuring Bluefin produced 20-25% profit over the next three years and that acquisitions would help deliver this target.
Although he admitted “there would be an acute eye on overheads”, he would not be drawn on the number of any potential redundancies.
“We are looking at costs as the top line target is tough, particularly in this soft market and in the current economy. Inevitably, if we are looking at the
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