Still several $30mn-$150mn agencies operating within banks: MarshBerry’s Walkotten
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Still several $30mn-$150mn agencies operating within banks: MarshBerry’s Walkotten

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There are several agencies in the $30mn-$150mn revenue range that are still operating within banks, but the trend has been going down over recent years, MarshBerry EVP Wayne Walkotten told Inside P&C.

There has been an increase in the number of banks selling their insurance distribution arms in recent months as financial institutions look to boost their balance sheets following rising interest rates.

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