More consolidation expected following regulation by FSA

Consolidation among the super-provincial and provincial brokers will step up following regulation by the Financial Services Authority.

Grant Ellis, chief executive of the Broker Network, and Chris Giles, chief executive of Giles Insurance Brokers, both predicted increased consolidation in The Professional Broker breakout session.

For Ellis, the three big issues for commercial brokers were: consolidation, regulation and the cost of distribution, with distribution of personal lines continuing to

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