Broker consolidators: Is the roll-up growth model running out of road?
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Broker consolidators: Is the roll-up growth model running out of road?

City of London urban scene in Canary Wharf with busy road, metro train and lights of financial district on background.jpg

The news yesterday that the restricted sale process of Global Risk Partners (GRP) will pit Brown & Brown against TA Associates raises interesting questions about the future of the broker-consolidator model.

Over the past decade, the UK broking market has been through a process of consolidation similar to that seen in the US a few years earlier, particularly among the highly fractured regional retail market.

This

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