Today, new technology platforms are providing the analytical tools that agencies, carriers and MGAs need to serve their clients more effectively and grow their business in the most efficient manner. (Photo: iStock)

The continued proliferation of mergers and acquisitions involving insurance agents, carriers and MGAs underscores the fact that leaders in all sectors of the industry are focused on growth. Besides exploring and pursuing M&A transactions, many of these organizations are looking at new ways to drive their organic growth as well. 

As a result, agencies, MGAs and insurance companies are all looking at new ways to leverage big data to identify growth opportunities within their existing books as well as areas to target for expansion.

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