Analysis

Beyond borders: Why UK brokers are expanding into Europe

By 2025-03-28T08:00:00

Europe

If scale is not sought in Europe, then PE-backed brokers may find themselves being consolidated, further shrinking the UK’s broking mid-market – but what marketplaces are proving most attractive for acquisitional growth?

MarshBerry’s Insurance Distribution in Europe 2025 Market Report, published in March 2025, found that the number of independent broking firms in the UK has nearly halved over the last 15 years.

This means that many of the UK’s consolidators are having to look overseas in their hunt for acquisitive growth, with Howden Group head of M&A Peter Blanc citing European markets as an obvious next step for the UK’s acquisitors.

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