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Broking sector "remarkable"

joe suddaby lexicon

The insurance broking sector has performed at a "remarkable" level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event.

Joe Suddaby, an executive at Lexicon, said that the broking market has shown resilience in the toughest market conditions "since the Great Depression".

"With the increase of alternative distribution

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