Simple supply and demand dynamics driving desperation of would-be buyers

There is a perfect storm brewing in the insurance industry that will drive deal fever over the coming decade. The need for revenue and earnings growth by banks and publicly-traded insurance brokerage firms is fueling an unforeseen demand for acquisitions while there is an inadequate supply of sellers.

Public brokers have become the victims of Wall Street expectations, banks are far from filling out their geographic footprint, and independent agencies have their hands full driving organic growth, let alone funding for internal perpetuation. While the converging black clouds create fear for some, they create opportunities for others.

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