mergers and aquisitions

Mergers and acquisitions (M&A) had a strong 2024 in the insurance brokerage sector as private equity (PE) and venture capitalist (VC) firms continued to recognize the growth potential of well-run insurance agencies and MGAs.

From May to November 2024, PwC reports 307 transactions were announced with a valuation of more than $20 billion, double the number of transactions announced from November 2023 to April 2024. PE and VC firms poured capital into acquiring brokerages, fueling growth and consolidation, while agencies benefited from access to untapped markets, broader service offerings and enhanced technology capabilities.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.