SSL has a brokerage income approaching $15m (£10m) from placing $380m (£250m) of premium but Sturdy is aiming at a step change, while retaining profitability at 20% or higher.
He is currently talking to a similar-size independent broker and has hopes this will lead to a merger or acquisition.
But he is clear that SSL is not up for sale to one of the major broking groups and he has a strong preference to be a consolidator, rather than be the consolidated.
SSL
