The following is an editorial by Alicja Grzadkowska, senior news editor at Insurance Business. To reach out to Alicja, email her at firstname.lastname@example.org.
Mergers and acquisitions in the insurance industry are showing no signs of slowing down. On the agency and brokerage front, 2019 saw the highest annual total of transactions in the US and Canada with 649 deals, surpassing 643 deals the previous year, according to OPTIS Partners’ Year-End Agency Merger & Acquisition Report. And the actual number of agency acquisitions is likely greater than the number reported as many buyers and sellers do not report their transactions.
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