"This strength on the demand side and the perceived depletion of quality firms on the supply side is propping up values for the better firms despite economic fundamentals that have changed materially over the past two years," Timothy J. Cunningham, Optis Partners managing partner, said in a release. Credit: izzuan/Stock.adobe.com
The first quarter of 2024 saw a total of 155 insurance agency mergers and acquisitions, which was 18% lower compared with Q1 2023, according to Optis Partners.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
