London Market is ‘less competitive than it should be’ – Founder Shield

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New York-based broker says the London Market ‘is showing a lack of agility’ and that ‘fewer opportunities will come’ to the capital unless it starts ‘taking more bets with slightly longer odds’

The London Market is “less competitive than it should be” and demonstrating “a lack of agility that is in direct contrast with its historic reputation as the place to win ‘hard to place’ accounts”, according to Jeff Hirsch, head of claims and senior product specialist at New York-based broker Founder Shield.

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