At 232, the number of insurance agency mergers and acquisitions in the first half of 2016 came in just one less than 2015′s record first half of 233 deals, according to data from Chicago-based OPTIS Partners, an investment banking and financial consulting firm specializing in the insurance industry.

First-half M&A activity this year also extended the streak of 100 or more transactions to seven consecutive quarters. The last three-month period when brokers did not complete at least 100 deals occurred in the third quarter of 2014.

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