NU Online News Service, Oct. 26, 3:53 p.m. EDT
Program administrators and managing general agents (PA/MGA) said they view merger and acquisition moves as the way to accelerate top-line growth and capture market share, according to a recent survey.
In Guy Carpenter & Company, LLC's Fifth Annual Specialty Insurance Program Issuing Carrier Survey, 72 percent of PAs and MGAs said they are interested in growing through acquisition, up from 70 percent in a similar survey from a year ago.
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