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 Sica | Fletcher Index is the leading report on mergers and acquisitions within the insurance brokerage sector. Learn more at SicaFletcher.com.

Insurance 52

Insurance M&A Broker Mergers and Acquisitions 52

Sica Fletcher

MARCH 12, 2024

As one of the most active M&A firms in the insurance sector, we are frequently asked how insurance agency valuations work. This article discusses the fundamentals of insurance agency valuations, plus a few lesser-known factors that play into these processes before we give an overview of the insurance M&A market in 2024.

Valuation 52

Valuation Insurance M&A Profitability 52

Sica Fletcher

MARCH 26, 2024

This article outlines how to sell an insurance agency by chronological steps, with a quick overview of the process in the table immediately following. We also include some key insights we’ve gathered over several decades of selling insurance agencies. Insurance agency M&A transactions take one of two forms: Auction.

M&A 52

M&A Insurance Valuation Advisory 52

Sica Fletcher

AUGUST 5, 2024

The Sica | Fletcher Index is the leading report on mergers and acquisitions within the insurance brokerage sector. Leveraging self-reported data from 22 prominent agent and broker acquirers, the Index accounts for 70% of all deal activity in the agency and brokerage space June YTD in 2024.

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

Sica Fletcher

AUGUST 5, 2024

The Sica | Fletcher Index is the leading report on mergers and acquisitions within the insurance brokerage sector. Leveraging self-reported data from 22 prominent agent and broker acquirers, the Index accounts for 70% of all deal activity in the agency and brokerage space June YTD in 2024.

M&A 52

M&A Broker Insurance Mergers and Acquisitions 52

Sica Fletcher

AUGUST 30, 2023

With 22 of the most active acquirers in the insurance brokerage space, the Sica | Fletcher Index indicates improvement over the previous quarter. 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

Razorpay

AUGUST 9, 2023

Functions of Merchant Banks A merchant bank’s primary function is to provide financial and advisory services to medium-sized businesses. Morgan Stanley India: Global investment bank with a strong presence in India, offering services such as underwriting, M&A advisory, and equity research.

Bank 52

Bank Banking Business Underwriting 52

Sica Fletcher

OCTOBER 16, 2024

Typically firms specializing in this client type have a larger pool of clients in order to make up the difference with HNW accounts. About Sica | Fletcher: Sica | Fletcher is a strategic and financial advisory firm focused exclusively on the insurance industry. “Mass affluent” clients: Clients with $100,000 to $1M in assets.

Valuation 52

Valuation Mergers and Acquisitions Insurance M&A 52

Sica Fletcher

MARCH 31, 2022

As the leading strategic advisor to the insurance brokerage industry, Sica | Fletcher advises on substantially more transactions than any other advisor in the industry. In our strategic advisory business on the buy-side and sell-side, we have advised on nearly 400 closed transactions over the past three years.

Acquisitions 52

Acquisitions Insurance M&A Private Equity 52

Chesapeake Corporate Advisors

MAY 2, 2023

If representation & warranty insurance is available but the buyer instead requires an escrow to cover breaches of representation of warranties or a shortfall in net working capital delivered at closing, suddenly the deal could be worth less than you may have originally anticipated.

Business 52

Business Investment Banking Corporation Advisory 52

Sica Fletcher

DECEMBER 12, 2019

(Otherwise Known as “How Acquisitions Are Structured”) Our November blog post asked how a smaller agency can take advantage of the tsunami of private equity investment in insurance brokerages. Depending on the acquiror and your agency’s needs, some back office functions (accounting, IT, HR, etc.)

Private Equity 52

Private Equity Insurance Equities Management 52

Mergers and Inquisitions

MARCH 22, 2023

Insure the Deposits – But this is expensive and is available only up to a certain per-account limit in most countries, such as CHF 100,000 in Switzerland and $250,000 in the U.S. But that would have happened anyway because of the firm’s plans to spin off its IB group into Michael Klein’s advisory firm, M. Klein & Co.

Bank 98

Bank Banking Government Investment Banking 98

How2Exit

MARCH 30, 2023

By taking these factors into account, entrepreneurs can make sure that they are making the best decision for their business. By taking these factors into account, entrepreneurs can make sure that they are making the best decision for their business. Concept 2: M&A Market Is Robust The M&A market is currently very robust.

Business 130

Business Sale M&A Mergers and Acquisitions 130

M&A Leadership Council

JUNE 18, 2024

Risk Mitigation: Develop strategies to mitigate or manage each identified risk: Implement financial hedging and insurance solutions for financial risks. Ensure transparency and accountability in risk reporting practices. Communicate risk priorities to key stakeholders for transparency and alignment.

Risk Assessment 52

Risk Assessment M&A Mergers and Acquisitions Risk Management 52

M&A Leadership Council

JUNE 18, 2024

Risk Mitigation: Develop strategies to mitigate or manage each identified risk: Implement financial hedging and insurance solutions for financial risks. Ensure transparency and accountability in risk reporting practices. Communicate risk priorities to key stakeholders for transparency and alignment.

Risk Assessment 40

Risk Assessment M&A Risk Management Mergers and Acquisitions 40

How2Exit

JUNE 12, 2023

For example, they offer a start-to-finish plan that is targeted towards first-time buyers and provides comprehensive buy-side advisory services. Many small business owners do not have a background in finance and may not have the resources to hire a full-time accountant. or contract and need help with the due diligence process.

Business 130

Business Investment Profitability Risk Assessment 130

Cooley M&A

SEPTEMBER 16, 2024

Such go-forward equity pool would typically dilute the shareholders of the two legacy companies on a pro rata basis and not be taken into account in determining the relative or per-share valuation of either company. Like in an equity financing transaction, the combined company will often establish a new go-forward equity pool.

Mergers 52

Mergers Mergers and Acquisitions Stock Valuation 52

GillAgency

FEBRUARY 10, 2022

As such, your accountant or CFO has to be part of the exit team. If you cannot divulge the sale to your CFO or accountant, consider hiring an external accountant. However, we strongly advice that you bring your current CFO or accountant into the team. 15.4.3 Do not feel uncomfortable to push back.

Business 52

Business Sale Broker IT 52

Cooley M&A

JANUARY 22, 2021

Helpfully, the SBA issued a procedural notice in October 2020 outlining what constitutes a “change of ownership,” allowing deal parties to structure a transaction to eliminate the need for SBA consent by submitting a loan forgiveness application and placing the loan proceeds into an escrow account established by the PPP lender in advance of closing.

M&A 40

M&A IPO Mergers and Acquisitions Business 40

Devensoft

AUGUST 24, 2023

Risk Pooling and Insurance: Centralize risk management and insurance programs to negotiate better rates and coverage. Sharing risks across entities can lead to reduced insurance premiums and improved financial resilience. Leverage technology for virtual meetings and conferences to minimize travel expenses.

Business 52

Business Collaboration Mergers and Acquisitions Management 52