Shifting into high gear: M&A deal-making among brokerages
January 5, 2016 by Warren S. Hersch
Backed by private equity, leading insurance brokerages are buying up smaller players at a fever pitch
The pace may be fairly described as torrid.
In 2015, mergers and acquisitions among insurance brokerages across all lines — life, disability income and long-term care insurance, property & casualty insurance, employee benefits, business insurance, among other specialties — totaled a whopping 326 deals, surpassing the 325 transactions recorded in 2012, according to MarshBerry, a financial consulting and M&A advisory firm. By year-end 2015, the number of announced M&A agreements was expected to rise to 400. That doesn’t include an estimated 50 to 75 announced deals falling under the radar.
Originally Posted at National Underwriter on December 30, 2015 by Warren S. Hersch.
Categories: Industry Articles
