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Brokers are ‘safe haven’ for M&A capital

By 2022-05-20T11:54:00

silver bank vault

Amid record amounts of M&A, independent brokers can showcase their status to build customers, while consolidation potentially makes room for broking startups – if they can pass regulatory muster

Private equity firms are driving M&A activity and investing in “cash generative” and “resilient” insurance brokers because these firms are deemed to be “a safe haven for some of that capital”, according to Andy Fairchild, owner of Julyfourth Services and former chief executive of Applied Systems Europe.

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