We’re now firmly in 2018 territory and the start of the year saw two insurers sell off either a stake or full ownership of a broker in quick succession.
Firstly MS Amlin cashed in its stake in broker Miles Smith offloading its share to private equity. This was swiftly followed by a massive deal which saw A-Plan buy Endsleigh from insurer Zurich.
Correct me if I am wrong but I think it is now possible to count the number of brokers owned by insurers on less than one hand.
I am certainly not
The Insurance Age team unpick the most recent and most popular stories.Subscribe to our daily newsletter for all the latest news