Hey fishes, sorry kinda niche question but do you guys have any thoughts on insurance brokers setting up their own Consulting and Tech advisory arm? (Aon, WTW, Marsh excl. OW)

I can imagine it is similar in other industries. Do you see that as direct competitors to MBB/B4 Consulting firms?

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Worked at one. Have since exited. We sometimes competed with mbb/b4 for work with mixed success. We were most successful as mostly insurance brokerage support. I don’t recommend working for one if you want consulting experience, you should stay with a consultancy where consulting is the center of the business. At the insurance firms, brokerage rules the roost and exit ops aren’t as good.

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Thanks, that's good to know. I also see reinsurers getting to the business (Munich re and swiss re).

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