Organic revenue growth for large and mid-size agent-brokers slowed to 4.6% in 2015, according to Atlanta-based Reagan Consulting's quarterly survey of the topic.
Organic growth had been 6.2% each year from 2012 through 2014, says Reagan Consulting, a management consulting and M&A advisory firm for insurance distributors.
Profit margins declined to 20.1%, a year after reaching record profitability in 2014. That median profitability, measured by earnings before interest, taxes, depreciation and amortization (EBITDA), was 21% in 2014, according to the survey.
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