Insider View: RFIB-Tysers and the broker roll-up play
You can see on paper why private equity houses look at the
London market broking space and see a sector crying out for a
roll-up strategy.
There are 250 registered Lloyd's brokers, many of them small
and almost all of them sub-scale in a world of increasingly
sophisticated modelling and intrusive regulation.
Buying a number of these brokers and crunching them together
into something that is more cost-efficient, with a broader offering
to clients and the greater competitive leverage that...
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