Lark buyout casts doubt on long-term viability of insurer-owned brokers
The management buyout of Lark after five years of Groupama ownership has raised questions over the long-term viability of insurers taking controlling stakes in broking businesses.
Market speculation suggests that MBOs for the remaining components of the French firm's UK broking arms, Bollington and Carole Nash, are likely to be tied up soon.
However, the perceived lack of
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