
Publication
Infolettre trimestrielle en droit de l’emploi et du travail au Canada
La présente infolettre informera les employeurs des faits nouveaux et des pratiques exemplaires dans le domaine du droit de l’emploi et du travail au Canada.
Mondial | Publication | février 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
La présente infolettre informera les employeurs des faits nouveaux et des pratiques exemplaires dans le domaine du droit de l’emploi et du travail au Canada.
Publication
Les Autorités canadiennes en valeurs mobilières (ACVM) ont suspendu leurs travaux visant l’élaboration de nouvelles règles sur la communication obligatoire d’information liée au changement climatique et les modifications des obligations d’information sur la diversité existantes.
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