It appears the industry may be settling in to a new normal, or perhaps it’s returning to an old one, a year after the completion of the 25-month wave of deals that concluded at the end of 2022. The deal volume each quarter of 2023 was at or above each of the quarters before this rush of deals, according to Optis Partners.
Tag: agency M&As
Optis: Insurance Agency M&As Up 16% in First Half 2022
According to OPTIS Partners’ M&A database, there were 427 announced insurance agency mergers and acquisitions in the first half of 2022, up 16 percent from 369 in the same period in 2021. The pace in the first six months of 2022 is 13% higher than the previous first-half five-year average, a period considered to be… Continue reading Optis: Insurance Agency M&As Up 16% in First Half 2022
P/C Agency Mergers Increase By 10% in the First Half of 2021: OPTIS Partners
During the first half of 2021, 339 non-life insurance agency mergers and acquisitions were announced, compared to 307 in 2020. According to the M&A report of OPTIS Partners, this is the highest total recorded for the first half of the year. OPTIS data covers agencies in the United States and Canada primarily selling P&C insurance,… Continue reading P/C Agency Mergers Increase By 10% in the First Half of 2021: OPTIS Partners