The universe of publicly held brokerage firms could expand within the next two years, with two firms that are now in the hands of private-equity interests re-entering the public sphere in the United States.
In an analyst's report from Stifel Nicolaus titled "Insurance Brokers & Risk Managers, A Comprehensive Overview," the firm suggests that at least four firms are potential candidates for initial public offerings over the next 24 months.
Two are retail brokers based in the United States: Hub International, based in Chicago, and USI Holdings, based in Briarcliff Manor, N.Y.
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