Opinion: Consolidation crisis?
Clear Group’s Howard Lickens on why the big consolidators may be running out of brokers to buy
For those of you not living in a cave, there’s something of a run on insurance brokers at the M&A department store. As soon as the shelves get re-stocked, greedy buyers queue to fill up their trolleys. It feels like buying toilet roll in Morrisons last March.
Hardly a day goes by without one or more eminent consolidators announcing the acquisition of yet another well-established independent broker – for some reason “swooping” is commonly used to describe such activity. And, just to declare an
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