Management and integration key to Ardonagh success with Swinton, say experts
The £165m price tag seen as fair after initial estimates went as high as £450m.
The £165m takeover of Swinton by Ardonagh could lead to insurers facing higher commission demands, according to one market expert.
“It does give them [Ardonagh] more leverage,” they told Insurance Age.
“Ardonagh is the consolidator in this respect and with more leverage with insurers they can ask for more money. That is the beauty of the consolidator model.”
However the specialist, who declined to be named, predicted that it would be a question of balance. In their opinion Ardonagh should
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