Broker market could ‘end up with a smaller number of players of any significant size to be able to provide the clients with adequate choice’, says chief executive
The “mind blowing” acquisition of employee benefits and property and casualty (P&C) broker AssuredPartners by Gallagher could instigate an M&A ripple effect, where rival firms Marsh and Aon “ramp up” acquisition activity in response to the deal, predicted Mike Latham, chief executive at family owned broker Verlingue UK.
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