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The firm is positioning itself as the largest MGA in the market

Deal adds £1.4m of GWP to the firm

Move said to be linked to part of the work it already does on robotics and connected devices

Private equity, Ardonagh Group and Markerstudy have all been tipped as interested

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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