Mergers and Acquisitions There were 300 announced transactions over the first half of 2024. (Credit: nespixt/stock.adobe.com)

Insurance agency mergers and acquisitions backpedaled 20% the first half of 2024, marking the sixth consecutive quarter of declines and the lowest first half totals in four years.

Data compiled by OPTIS Partners showed just 300 announced deals over the period, compared to 385 announced over the same time in 2023.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.