In this episode, we are thrilled to be speaking with Mark McIlquham, President of Acrisure UK Retail. Mark gives a forensic insight into the infrastructure of the Acrisure Group, its global broking operations, and its role in the M&A insurance landscape. Having been involved in Acrisure’s recent acquisition and rebrand of the Eleven Network, Mark explains why networks provide a fantastic opportunity for brokers to receive regulatory support and greater access to new markets. He counters the notion that there are too many barriers for new small brokers to establish themselves, citing networks as an empowering means for brokers to take charge of their own businesses, and for the broader industry to regenerate itself. Mark is sceptical of the supposition that new compliance measures stifle brokers’ opportunities to innovate, and that these constraints can ultimately be beneficial, noting that ‘regulation isn’t a necessary evil, it’s just necessary’. Furthermore, Mark discusses the buoyancy of the MGA market, and the prospect that MGAs may eventually supersede mainstream insurers in servicing small brokers.
17 июн 2024
