Consolidation will continue for retail and wholesale: IINYC24 panelists
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Consolidation will continue for retail and wholesale: IINYC24 panelists

Scale, diversity and specialization are three main reasons brokers consolidate.

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Consolidation is likely to continue throughout the US insurance value chain as companies seek more scale, diversity and specialization, executives said during a panel at the Insurance Insider US New York City Conference 2024.

But

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