Insureds bemoan market consolidation
Berkshire Hathaway Specialty Insurance executive vice president
David Bresnahan has said he has not met a single client that is
happy about the wave of consolidation that has consumed the market
in recent times.Speaking at InsiderScope New York 2016 today (10 May), the
executive said: "Consolidation has started but most believe it
will continue for the foreseeable future."For customers it just means less options and less competition
in theory, so none of them are happy about it."However...
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