Aon Benfield chief predicts vertical integration of distribution
The traditional broker chain which places business from primary
insurance through to retro could collapse, Eric Anderson, CEO of
Aon Benfield has said, predicting a process of vertical
integration.
The traditional model for placing business could be streamlined,
as reinsurers, carriers and their brokers all look to move more
closely to the ultimate client, Anderson said speaking at an
Insurance Institute of London lecture in the Lloyd's Old
Library today (8 January).
"The swim lanes of
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