
Publication
From tall tales to truth: 10 privacy myths we still hear
Privacy misconceptions are everywhere.
Global | Publication | February 2025
Whilst merger and acquisition (M&A) markets have remained relatively subdued in the years since the pandemic, insurance transactions have kept ticking along.
Private equity investment driving broker M&A activity
There has been a consistently strong appetite for broker M&A, mainly driven by private equity (PE) directly investing into broker and managing general agencies (MGA) platforms and, indirectly, through acquisitions by such platforms as part of roll-up/consolidation strategies. This trend has been seen across the US, UK and increasingly mainland Europe and, given these fundamentals, the volume of deals has been significant, albeit due to the volume and the nature of the roll-up strategy, average deal size has been comparatively low.
Blockbuster broker M&A deals
However, 2024 saw a string of blockbuster broker M&A deals announced, including the acquisition of NFP by AON, that of McGriff by Marsh McLennan and, just before the end of 2024, Arthur J Gallagher’s proposed purchase of AssuredPartners. In light of this, are we seeing a fundamental shift in the market, with the insurgent broker-consolidators finding themselves in the headlights of their larger listed competitors?
In this article, we reflect on 2024 and explore what hot topics may shape insurance M&A in 2025 and beyond:
Indications are that 2025 will see the start of a new phase in the cycle and it could be a busy year for M&A across the insurance sector with activity driven by the various different factors and tailwinds discussed above.
Publication
Privacy misconceptions are everywhere.
Publication
Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum.
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