7 Steps to unlocking success in insurance M&A
Here's why user-experience integration is key to a successful deal.
As in past soft property and casualty markets, insurer appetite for mergers and acquisitions is strong today. But what distinguishes the current wave of deals is strategic buys of specialty-flavored books that focus on lines like inland marine, slices of medical professional liability, crop insurance and even elevator-maintenance contractors.
“M&A is typically a creature of the soft market,” he tells NU. “When you can’t grow your way out of the doldrums, you try to buy somebody else,” he says, adding that sagging investment returns and soft-market prices pressuring loss ratios make standard-lines writers—with combined ratios north of 100—unattractive targets.
Representative deals involving specialty insurers include:
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Here's why user-experience integration is key to a successful deal.
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