Mergers and acquisitions of insurance agencies are still going strong — just not as strong as last year.
During the first half of 2013, the number of transactions fell slightly, with 122 reported in the United States and Canada, compared to 133 deals in the first half of last year. Those numbers come from to a semi-annual survey by OPTIS Partners, an investment banking and financial consulting firm specializing in the insurance industry.
OPTIS managing director Timothy Cunningham called it a period of "relative calm after the perfect storm" of getting deals done before the capital gains tax-hike.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
