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The economy relies on brokers to connect parties with mutual business interests and needs, whether it is the sale of real estate, procurement of insurance, or joint investment. By: MG+M The Law Firm
Smith & Reid InsuranceBrokers and O’Neil InsuranceBrokers are both headquartered in Ottawa. The post Eurazeo-backed BMS picks up two Canadian insurancebrokers appeared first on PE Hub.
David H Coons InsuranceBrokers is a family-owned insurance brokerage located in Burlington, Ontario. The post Westland Insurance snaps up David H Coons InsuranceBrokers appeared first on PE Hub.
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Medi-Quote InsuranceBrokers is a Calgary-based insurance brokerage specializing in travel and medical insurance. The post Madison Dearborn-backed Navacord buys Medi-Quote InsuranceBrokers appeared first on PE Hub.
The following report contains our projections for Q3 2024 insurancebroker valuation multiples. In addition, we categorize this data according to insurance industry specialization and by brokerage size, as measured by their annual revenue. Since H1 2023, the average insurance brokerage valuation multiple has hovered around 11.6x
Patriot is a Fort Washington, Pennsylvania-based insurancebroker. The post PE-backed Patriot Growth Insurance Services recruits Galaviz as CFO appeared first on PE Hub.
Golden Ears is a Canadian general insurancebroker specializing in commercial transportation, property and automobile fleet. The post Hub International acquires Golden Ears Insurance Services appeared first on PE Hub.
Join us for a lively 30-minute discussion where our head of transactional insurance and the head of our private equity practice discuss top trends in M&A and PE. By: Woodruff Sawyer
Global insurance analytics market is segmented based on component, deployment, enterprise size, and end use. By end use, the market is segmented into insurance companies, government agencies, third party administrators, brokers & consultancies- Industry forecast 2024-2031
Iselin, NJ, July 06, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Schlegel & Schlegel InsuranceBrokers Inc. Schlegel & Schlegel”) of West Yarmouth, MA on July 1, 2023.
By Piers Williams, Global Insurance Manager at AutoRek Efficiency is a necessity in the intricate world of insurance but unfortunately for program administrators, complexity is an unavoidable reality. Success lies in the […]
Nation’s largest independent crop insurancebroker will serve as foundation for agriculture specialty practice Nation’s largest independent crop insurancebroker will serve as foundation for agriculture specialty practice
2023 Year-End Index Reflects Continued Emphasis on Strategic Fit for Investors NEW YORK, NY - February 6, 2024 - Sica | Fletcher releases the 2023 Year-End Agency & Broker Buyer Index. The Sica | Fletcher Index stands as the leading report on mergers and acquisitions within the insurance brokerage sector.
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?
LONDON (Reuters) – Global commercial insurance rates fell 1% in the third quarter of 2024, the first quarterly decline recorded in seven years, the Global Insurance Market Index by broker and risk advisor Marsh on Thursday showed.
The launch of the much-touted affordable insurance product Bima Sugam is likely to be delayed beyond August timeline as regulator Irdai is working on fine-tuning the product, which will help deepen insurance penetration and simplify the claim procedures.
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.
Cyber insurance rates drop 10% in June -report LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises, as claims proved smaller than expected, broker Howden said in a report on Wednesday.
StoneX has moved to increase its remit and geographical reach through the acquisition of fixed income broker Octo Finances SA. Fixed income broker Octo Finances is in Paris. The post StoneX to acquire fixed income broker Octo Finances appeared first on The TRADE.
In 2019, we closed the largest number of transactions ever for our firm, reflecting the increasingly robust M&A market for insurancebrokers driven mainly by private equity sponsored brokerages. that specializes in the insurance brokerage space and related industries that compliment it.
Having advised on a record number of insurance agency M&A transactions, we have used our unusually large dataset in tandem with access to third-party M&A databases to provide up-to-date averages of EBITDA multiples for insurance brokerages in 2024. What Is Affecting Insurance Agency EBITDA Multiples?
Insurtech is the digitisation of the insurance industry and is a sector which is also growing rapidly. There are direct insurers, who will offer – predominantly more competitive and flexible – premiums in competition to more traditional lenders, marketplaces which allow users to compare premiums and apps to manage existing premiums.
The following report contains our observations of insurance M&A trends in 2024. However, volume and value in the insurance sector remained remarkably stable. 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.
Selling an insurance brokerage is not altogether that much different than selling an insurance agency or even an insurance company. specialized regulatory and licensing requirements that are different from those of insurance agencies. That being said, brokerage owners need to consider a.)
By Yuliia Dysa (Reuters) – Wartime Ukraine could reopen a first airport in its western Lviv region next year, as it tries to restore air travel that has been suspended nationwide since Russia’s 2022 invasion, a senior partner at insurancebroker Marsh McLennan said.
Our research team’s latest report compares the top insurance agency investment banks of 2024. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry.
What is going on in these markets could potentially have significant implications for insurance brokerage M&A, and we want you to understand why. While we can’t predict the future, our certainty level regarding the impacts on insurance brokerage M&A has increased over the past several weeks. billion at yields between 5.1%
billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least one attack in that time, insurancebroker Howden said on Monday. LONDON (Reuters) – Cyberattacks have cost British businesses around 44 billion pounds ($55.08 Cyberattacks cost businesses 1.9%
Over the past decade, India’s Direct-to-Consumer (D2C) insurance industry has experienced remarkable growth, fuelled by rising incomes and increased awareness. In this blog post, we delve into the unique cash flow challenges faced by D2C insurers and explore how Razorpay Line of Credit can help.
As the advisory firm that executes by far the largest number of mergers and acquisitions transactions for insurance agents and brokers, and with our deep experience and contacts within the private equity community, we have a better vantage point on what is going on than most others.
LONDON (Reuters) – Some of Britain’s insurers are still unable to show they provide good outcomes for consumers, the country’s financial watchdog said on Wednesday, a year since the introduction of tougher protections for investors.
Q3 Index Reflects an Emphasis on Strategic Fit for Investors in 2023 NEW YORK, NY – November 8, 2023 - Sica | Fletcher releases the Q3 2023 Agency & Broker Buyer Index. The Sica | Fletcher Broker Buyer Index stands as the leading report on mergers and acquisitions within the insurance brokerage sector.
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. for insurance agencies.
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. This usually leads to equity-based payouts. Valuation is a process in and of itself.
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What the Data Is Telling Us In our last few posts, we reported on what we perceived to be the trends in insurance agency and brokerage M&A in light of the pandemic and analyzed the reasons for these trends. In summary, we observed that: The most active acquirers continue to be highly interested in acquisitions.
For owners and executives of private insurancebrokers, Brown & Brown's first quarter earnings call provides a treasure trove of information. insurancebrokers. Powell Brown, President and CEO of Brown and Brown Insurance commented: “The first quarter was an interesting one until early March. We saw the U.S.
Many of our clients have asked us about the impact on insurance brokerage M&A of the pandemic and the resultant containment efforts. The Largest Strategic Players Tell Us Full Steam Ahead – The major strategic acquirors have informed us that they plan to continue to aggressively pursue acquisitions of insurancebrokers.
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