Emerging stronger.
In this era of mergers and acquisitions, Andy Homer says brokers are next in line for consolidation and that they will need to learn from the difficulties and mistakes of others.
The past decade has seen a radical change in the shape and form ofthe insurance industry. While many believe that there can be little left
to consolidate, the UK merger momentum is still strong. Its focus is
shifting, however.
Not only will the carriers further consolidate, the brokers, and not just
he global intermediaries, are now set to enter a period of intense merger
activity.
Brokers will have to examine the consolidation of the recent past for the
lessons - some extremely painful - which
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