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Brokers - The age of the smaller broker.

Europe Intelligence Wire

| September 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

Never have the smaller and medium-sized brokers had it so good.

Who'd be a mega-broker today? In every territory you operate, you've got regulators breathing down your neck. And some of your most loyal customers are pretty unhappy with you, to say the least.

You've also got disgruntled shareholders, who've seen the value of their investments fall significantly, and thousands of demoralised employees across the globe, worrying if they're next on the chopping block as you rationalise your operations. In short, you're too big, your pockets are too deep and they're going to take you down a peg or two, if they haven't done so ...

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