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
Tag: P&C mergers
Hub International Acquires New York-based The B&G Group, Inc.
Hub International Limited (Hub), a leading global insurance brokerage, announced today that its affiliate, Hub International Northeast Limited (Hub Northeast), has acquired the assets of The B&G Group, Inc. (The B&G Group). Terms of the transaction were not disclosed. “Hub continues to remain active and thoughtful in our M&A strategy throughout the COVID-19 crisis,” said… Continue reading Hub International Acquires New York-based The B&G Group, Inc.
Merger & Acquisition Services, Inc. Winner at 18th Annual M&A Advisor Award
The M&A Advisor has announced the Winners of The M&A Advisor Awards on November 19th, 2019 during the 18th Annual M&A Advisor Awards Gala at the New York Athletic Club. The 18th Annual M&A Advisor Awards Gala – the premier celebration of the year for firms and professionals in M&A “dealmaking” – brought together the… Continue reading Merger & Acquisition Services, Inc. Winner at 18th Annual M&A Advisor Award
Insurance Agency M&As in First Nine Months of 2019 Break Record: OPTIS Partners
There were 490 announced insurance agency mergers and acquisitions during the first three quarters of the year, according to OPTIS Partners’ M&A database. It was the highest nine-month total ever, beating the 481 deals announced in 2018. The data covers U.S. and Canadian agencies selling primarily property-and-casualty insurance, agencies selling both P&C and employee benefits,… Continue reading Insurance Agency M&As in First Nine Months of 2019 Break Record: OPTIS Partners