The current network arena is unsustainable, according to Alec Finch
Purple Partnership chairman and broker founder Alec Finch has predicted that networks will be forced to consolidate in years to come.
Finch, who joined the board of Jelf’s broker network Purple last year, said in an exclusive interview with Insurance Times that the large number of network offerings in the broker market is “not sustainable”.
“There’s a limited constituency of potential network members. At some point, it will reach saturation and the networks will begin to eat themselves,” he said.
Click here to read the full interview with Alec Finch.
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