The independent insurance channel is set to achieve a record year. (Photo: Sergey A.Khakimulli/Fotolia) The independent insurance channel is set to achieve a record year. (Photo: Sergey A.Khakimulli/Fotolia)

A historic year could be ahead for independent agents and brokers, as the channel reported its best Q2 results since 2013.

Reagan Consulting's "Organic Growth and Profitability (OGP) Q2 2019" survey revealed that the 6.4% organic growth rate of independent agents and brokers across all business lines coupled with "a red-hot mergers-and-acquisitions (M&A) market yield a healthy outlook for the future of the industry," Mark Crites, vice president at Reagan Consulting, said in a news release. "2019 could be a historic year."

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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