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Pace of broker consolidation is ‘a cause for concern’ – WTW Networks

By 2021-05-24T07:17:00

russian dolls, consolidation

Consolidators have been using the Covid-19 pandemic ‘as a bit of a lever to push people’ into considering selling up ‘sooner rather than later’, says regions MD

The “phenomenal amount” of broker consolidation in the insurance market at the moment “has to be a cause for concern” because “it reduces the amount of brokers available”, said Sara Fardon, managing director of Willis Towers Watson Networks.

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