Brian Cosgrave, managing director of Inter-Alliance International (IAI), has left the intermediary f...
Brian Cosgrave, managing director of Inter-Alliance International (IAI), has left the intermediary firm and network following its £750,000 takeover by De Vere & Partners. There has been further takeover activity in the international broker market with Clerical Medical International (CMI) increasing its stake in German network Securum to 51%. Cosgrave did not have another role to go to on his departure from IAI. It comes after a failed attempt to secure a management buy-out of IAI earlier this year. Paul Tebbutt, chief executive of IAI's previous parent, Millfield, said that even though...
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