Tag Archive: Service

Are You Penny Wise And Pound Foolish?

by Courtney Ferrara July 2, 2020

Understanding compensation costs for your firm Strong organizations value high service standards and performance, and they are willing to pay for it. Most agencies and brokerages don’t sell enough

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The wholesale broker segment has undergone massive consolidation to the point where very few independent pure play Property & Casualty brokers remain. In addition, it’s likely that the market is at the front end of a consolidation wave that is hitting delegated authority firms with nearly 8% of specialty entities consolidating in 2021. As history demonstrates, massive value is unlocked when insurance distributors and markets are aggregated. Delegated authority is not an exception to this premise.

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