Experts say GRP's pipeline could be hit by Aviva split
Sources say rival consolidators will use the situation to their advantage when competing for acquisition targets but GRP insists pipeline is strong.
Having its agency with Aviva cancelled may make it more difficult for Global Risk Partners (GRP) to make acquisitions, according to market experts.
One insurance sector specialist who declined to be named said the move was “certainly bad news” for GRP and noted that it sent a negative message to the market in general.
He observed: “Aviva is a big brand. You don’t want to have to tell your clients that they have to move from Aviva or they won’t insure you anymore.”
The expert also believed
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