Few opportunities with regulation
FSA regulation will create opportunities for consolidation, though many smaller players will be precluded as a result of impractical pricing
Although it is predicted that regulation by the Financial Services Authority will change the UK market significantly with broker consolidation, we do not currently see great opportunities to acquire new business as the pricing levels are thought to be unrealistically high.
With around 90% of its business in reinsurance and wholesale and approximately 10% in niche retail insurance, Cooper Gay has grown dramatically in the last 10 years, mainly through organic growth and the creation of oversees
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