There were 328 announced insurance agency M&As in first-half 2019. (Photo: Shutterstock)
The steady increase of mergers and acquisitions (M&A) in the insurance industry and aggressiveness of buyers in recent years hasn't let up in 2019, new data shows. In the first half of 2019, there were 328 announced insurance agency M&As, up from 300 M&A transactions in the first half of 2018, OPTIS Partners reports.
According to OPTIS Partners' M&A database, it is now the second-highest six-month total on record, trailing only the first half of 2017 when 333 transactions were reported. 2019′s M&As contribute to a record 665 transactions that have closed in the past 12 months.
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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].
