2017 is on pace to be a record-setting year for insurance agency merger and acquisition (M&A) activity, according to OPTIS Partners' recently released third quarter report.

So far in the first nine months of 2017, 457 total transactions have been reported, compared to 350 transactions in total for 2016.

OPTIS asserts the market for insurance agencies remains "a seller's market."

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].