The ever-increasing number of agencies sold to large acquirers may have independent agency owners wondering if they’ve “missed the boat” if they don’t sell. Deloitte reports in its “2022 Insurance M&A Outlook” that broker deal volume was up 40% at the end of 2021 over 2020. Aggregate deal value increased 165% from $21.6 billion in… Continue reading Fear of Missing Out? What to Consider Before Selling Your Agency
Tag: insurance agency M&A
Insurance Agency Mergers and Acquisitions Decline
There were 288 announced insurance agency mergers and acquisitions during the first half of 2020, down from 328 in 2019, according to OPTIS Partners’ M&A database. It was the lowest six-month period total since 2017. The data covers U.S. and Canadian agencies selling primarily property-and-casualty insurance, agencies selling both P&C and employee benefits, and those… Continue reading Insurance Agency Mergers and Acquisitions Decline