BLG's pre-merger exits continue as insurance duo quit for Ince

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  • With the merger agreement unsigned, it remains to be seen if anyone goes to Clydes.

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  • I received an email from Clydes formally announcing the merger a few days ago. I think it was intended for clients, so why I was included I don't know. If the merger document is unsigned, I can only imagine it is being held up by a few disgruntled BLG partners who are not being invited to join. I can't see them derailing the deal.
    A separate point regards Ince. Why the office at lloyd's? Possibly because being at St Katherine's dock, Ince feel they are becoming a bit invisible to insurance clients? But offices at lloyd's are a net drain, as everyone who has ever tried will tell them.

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  • Of the recent departees, although Soar and Sherratt were in the apparently maligned Reinsurance part of BLG, I have it on good authority that they are well regarded, as is very much the case with Foss and Zavos. Point is, I don't think these are people who are jumping before they were pushed, but rather some of the better Partners one would expect Clyde's to have been keen on bringing over. Interesting.

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  • The most interesting move is Kiran Soar. He was a rising star and would presumably have been welcome at the new Clyde & Co. He will be sorely missed.

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  • If only people knew.....

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