Last year the market saw $3.8 trillion spent on mergers and acquisitions (M&As), historically the most amount of money ever spent on mergers and acquisitions.
Coincidentally, insurance agency related M&As hit a record high, while property and casualty agencies accounted for the largest seller category.
Low interest rates, resilient stock prices and solid employment all played a part, and that momentum is widely expected to continue as carriers look to fortify their competitive positions in the current market, expand their customer base and geographic reach, and enter new markets.
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