Optis Partners: Agency M&A Deals Fell in 2023

USI acquires Texas agency

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.

Optis: Insurance Agency M&As YTD Record Second-Highest Total

Insurance M&As

According to OPTIS Partners’ M&A database, there were 627 announced insurance agency mergers and acquisitions during the first three quarters of 2022, down from 668 in 2021. It was the second-highest total ever recorded for this nine-month period. The data includes agencies in the United States and Canada that sell property and casualty insurance, as… Continue reading Optis: Insurance Agency M&As YTD Record Second-Highest Total