agency mergers 2021 News

Gallagher Acquires Grand Cayman’s Briat, UK’s Manchester Underwriting

Global insurance broker Arthur J. Gallagher & Co. announced it has acquired two agencies: Grand Cayman-based Briat Insurance Ltd. and UK-based Manchester Underwriting Agencies Limited. Terms of the transactions were not disclosed. Established in 2012, Briat Insurance Ltd. is a …

P/C Agency Mergers Rise 10% in First Half of 2021: OPTIS Partners

There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020. According to OPTIS Partners’ M&A report, It was the highest recorded total for the first half of the year. …