LATEST NEWS ABOUT NOVIDEA
Miller Insurance acquires fellow brokerage
INSURANCE TIMES – Miller Insurance announced today that it has acquired Alston Gayler and Co (AG), in a bid to strengthen its position as a London wholesale and specialist broking platform. Speaking on the acquisition, Ben Potts, Managing Director at software firm, Novidea said: “More consolidation in the broker space is not surprising – the race for scale continues.” How successful the integration is will depend in no small way on the technology landscape of the businesses and their integration. Legacy technology and the ability to leverage data is one of the key reasons why insurance acquisitions don’t always deliver on their original promises.