Are there high stakes for AR networks following Aub and Movo Group deal?

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Insurance Times considers the nuances of Aub Group’s recent investment into UK-based Movo, which sees the Australian parent grow the number of AR networks within its portfolio

At first glance, the announcement in August 2024 that Australian-based broking group Aub had agreed to buy an 80% stake in UK-based Movo Group may have seemed an unremarkable continuation of the recent trend for large overseas consolidators to gobble up UK commercial brokerages.

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