’A lot of schemes brokers have the ability to organically grow, probably beyond where normal market growth rates are,’ says managing director for schemes and affinities
Following a slowdown of insurance sector acquisition deals in 2023, it is safe to say that UK M&A activity rebounded in 2024.
Among the firms which are acquisition targets are brokers that focus on schemes. Typically, schemes provide cover that is tailored to address the specific needs of a certain demographic – for example, protecting niche hobbies such as classic cars, or particular business trades and sectors.
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