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Analysis: Is the Intact takeover of RSA UK good or bad news for brokers?

Paths to the past and future

Mark Richardson examines Intact's track record when it comes to integrating acquisitions and its approach to working with brokers.

Should the £7.2bn acquisition of RSA by Intact Financial Corporation and Tryg A/S complete without a hitch, UK brokers are facing the prospect of a new major player on the scene.

The deal will carve up the London-based insurer’s global business, with Canadian group Intact taking over the UK & International book in its first expansion outside of North America.

Trepidation normally follows any deal of this size, particularly among UK brokers for whom RSA has been a longstanding and highly

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Ashleigh Gwilliam, director of insurance at nCino calls for more to be done to make insurance careers genuinely attractive to young talent and predicts AI will be handling first-pass underwriting decisions on at least 30% of SME commercial risks by the end of next year.

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