The chief executive officer of Arthur J. Gallagher believes that small generalists are on thin ice as they face the inevitability of consolidation with larger brokerage firms.
In an interview with Financial Times, Gallagher CEO Patrick Gallagher said that the key to the survival of small generalists is to shift gears and become specialists.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.