Sica Fletcher

JULY 31, 2024

The 2024 insurance M&A market has changed substantially from just a few years ago, with potentially staggering implications for the future of insurance M&A transactions. Insurance M&A Transactions in 2024 The insurance M&A transactions we have observed thus far in 2024 indicate larger trends in the sector.

M&A 52

M&A Insurance Debt Equities 52

Sica Fletcher

APRIL 2, 2024

The following report examines the health and outlook for insurance M&A deals in 2024. We base this research on several key findings in our proprietary SF database, which observes and records data from the top ~400 insurance M&A buyers. Agency vs. Company: Which Is The Better Insurance M&A Deal?

Insurance 52

Insurance M&A S&P Broker 52

Sica Fletcher

MAY 13, 2024

Q1 2024 Agency and Broker Buyer Index Reveals a Dynamic Landscape for Insurance M&A NEW YORK, NY - May 13, 2024 - Sica | Fletcher releases the Q1 2024 Agency & Broker Buyer Index. The shift in buyer rotation year-over-year continues to shape the dynamic insurance M&A landscape.

Insurance 52

Insurance M&A Broker Mergers and Acquisitions 52

Sica Fletcher

MARCH 28, 2024

The following report contains our observations of insurance M&A trends in 2024. As a result, our analysts predict a flurry of M&A activity in H2 2024. As insurance M&A enters into the 2020s, however, buyers are looking at several additional factors that speak to an agency’s more intangible qualities.

M&A 52

M&A Insurance Mergers and Acquisitions Advisory 52

Sica Fletcher

MAY 29, 2024

M&A transactions for insurance companies are part of a robust but complicated market that requires ingesting a great deal of data in order to fully understand. While insurance M&A did see slight dips in deal volume and average value (Fig.2)

M&A 52

M&A Insurance Equities S&P 52

Sica Fletcher

JULY 23, 2024

In it, we provide readers with a quick and simple overview of the current insurance brokerage M&A market , after which we discuss several macroeconomic and industry-specific factors that could drastically affect transactions in the next six months. The market is already highly competitive, but it’s also limited to what buyers can afford.

Insurance 52

Insurance M&A S&P Valuation 52

Sica Fletcher

OCTOBER 27, 2023

The S&P Global Market Intelligence League Table reveals that Sica | Fletcher closed 78 M&A deals year-to-date, with a significant focus on insurance-related transactions. Sica | Fletcher's strong Q3 performance and its optimistic outlook for the remainder of 2023 underscore its status as the leader in the insurance M&A market.

M&A 98

M&A S&P Insurance Advisory 98

JD Supra: Mergers

JULY 25, 2024

M&F Worldwide, 88 A.3d In Kahn v. 3d 635 (Del.

Mergers 161

Mergers Business M&A 161

JD Supra: Mergers

APRIL 16, 2024

In 2014, the Delaware Supreme Court held in Kahn v. M&F Worldwide Corp. (“MFW”) By: Goodwin

Negotiation 161

Negotiation M&A Business Mergers 161

Sica Fletcher

JUNE 20, 2024

The insurance M&A market in 2024 is significantly more complex now than it was 20 years ago. However, this report seeks to make sense of these qualities as a whole to provide an overview of the 2024 insurance M&A market. The table of contents below offers quick links for readers seeking specific information in later sections.

Insurance 52

Insurance M&A Valuation Equities 52

Sica Fletcher

FEBRUARY 8, 2024

The S&P Global Market Intelligence League Table reveals that Sica | Fletcher closed 101 M&A deals in 2023, with a significant focus on insurance-related transactions. Sica | Fletcher’s robust performance in 2023 and its positive outlook for 2024 reaffirm its position as the forefront leader in the insurance M&A market.

M&A 40

M&A S&P Insurance Advisory 40

Global Newswire by Notified: M&A

AUGUST 26, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

97

97

Global Newswire by Notified: M&A

AUGUST 26, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 96

Shares 96

Cooley M&A

AUGUST 25, 2021

A recently published article by UC Davis School Law Professor Afra Afsharipour, “ Women and M&A ,” shows that of the 20 firms handling the most significant public M&A transactions from 2014 to 2020, Cooley is the only firm with equal gender representation in leading roles across such deals. Read the full report.

M&A 52

M&A Equities IT Business 52

Sica Fletcher

AUGUST 23, 2023

According to the S&P Global Market Intelligence League Table, Sica | Fletcher closed 51 M&A deals year to date (mainly insurance-related), representing a commanding 46% of all 2023 transactions and nearly double that of its closest competitor. Learn more at , SicaFletcher.com.

Insurance 52

Insurance M&A S&P Shares 52

Cooley M&A

SEPTEMBER 1, 2021

“It’s an honor to welcome Neal to Cooley as a key member of our global M&A practice,” said Jamie Leigh, partner and co-chair of the firm’s M&A group. Neal is a remarkable M&A practitioner with extensive experience counseling leading, multinational public companies across all industries. Read more.

M&A 52

M&A Mergers and Acquisitions Private Equity Corporation 52

Sica Fletcher

AUGUST 30, 2023

The Sica | Fletcher Agency & Broker Buyer Index is the most comprehensive report on insurance brokerage M&A activity in existence. The Sica | Fletcher Agency & Broker Buyer Index is the most comprehensive report on insurance brokerage M&A activity in existence.

M&A 52

M&A Insurance Broker Private Equity 52

Global Newswire by Notified: M&A

SEPTEMBER 2, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

MAY 27, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

98

98

Global Newswire by Notified: M&A

SEPTEMBER 2, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 52

Shares 52

Global Newswire by Notified: M&A

MAY 27, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 98

Shares 98

Sica Fletcher

FEBRUARY 18, 2020

In 2019, we closed the largest number of transactions ever for our firm, reflecting the increasingly robust M&A market for insurance brokers driven mainly by private equity sponsored brokerages. Sica | Fletcher is pleased to announce that we’ve topped the S&P Global rankings for the third consecutive year.

Insurance 52

Insurance M&A Private Equity Advisory 52

IBG

JANUARY 9, 2023

Good News for M&A Brokers: Congress Passes a New Securities Registration Exemption for Merger and Acquisition Brokers. Johnson , M&AMI. A new federal exemption that Congress passed during its December 2022 lame-duck session provided a welcome holiday surprise for M&A Brokers and other business sale professionals.

Broker 52

Broker Mergers and Acquisitions M&A Securities 52

Sica Fletcher

NOVEMBER 9, 2023

Leveraging self-reported data from 22 prominent agent and broker acquirers, this index monitors M&A transactions representing 73% of all agency and brokerage deal activity as of YTD September 2023. The Sica | Fletcher Broker Buyer Index stands as the leading report on mergers and acquisitions within the insurance brokerage sector.

Broker 40

Broker M&A Insurance Mergers and Acquisitions 40

Global Newswire by Notified: M&A

AUGUST 19, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

AUGUST 19, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 52

Shares 52

Global Newswire by Notified: M&A

AUGUST 12, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

AUGUST 12, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 52

Shares 52

Global Newswire by Notified: M&A

AUGUST 5, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

AUGUST 5, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 52

Shares 52

Global Newswire by Notified: M&A

JULY 22, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

JULY 1, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 59

Shares 59

Global Newswire by Notified: M&A

JULY 15, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

JULY 22, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 52

Shares 52

Global Newswire by Notified: M&A

JUNE 24, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 59

Shares 59

Global Newswire by Notified: M&A

JULY 8, 2024

596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

52

52

Global Newswire by Notified: M&A

JULY 15, 2024

596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no.

Shares 52

Shares 52