The Blog Spot: Is this the end of insurers owning brokers?
Siân Barton wonders how recent sell-offs may affect the shape of the market.
We’re now firmly in 2018 territory and the start of the year saw two insurers sell off either a stake or full ownership of a broker in quick succession.
Firstly MS Amlin cashed in its stake in broker Miles Smith offloading its share to private equity. This was swiftly followed by a massive deal which saw A-Plan buy Endsleigh from insurer Zurich.
Correct me if I am wrong but I think it is now possible to count the number of brokers owned by insurers on less than one hand.
I am certainly not
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