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The Insurance Insider US news team runs you through this week’s key agency M&A.
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SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
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MGAs that are good operators will stick out compared to the rest.
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Private capital–backed buyers accounted for 73% of the 513 transactions this year.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The MGA platform wants to expand into Europe and the UK and grow its wholesale business.
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The broker will now have access to an M&A war chest for inorganic growth.
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The carrier has renewed and extended its capacity arrangement with the MGA.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Seller White Mountains will retain a roughly 15% fully diluted equity stake.
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Proceeds will be used to pay off debt maturing at the end of the year and to support new market growth.
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The business has been ~70% owned by White Mountains since January 2024.