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Independent agents, brokers face stable growth in 2020

A new survey shows optimism remains high among insurance agents and brokers, despite growth declines in 2019.

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Agents and brokers predict that 2020 will be a stronger year with 7.0% organic growth, according to the latest Organic Growth and Profitability (OGP) survey report from Reagan Consulting. Agents and brokers predict that 2020 will be a stronger year with 7.0% organic growth, says Reagan Consulting’s OGP survey. (Photo: Shutterstock)

After an active 2019 with 649 M&A deals in the agent and broker channel, the segment’s outlook for 2020 is looking strong and stable, says a recent survey.

Reagan Consulting’s most recent Organic Growth and Profitability (OGP) survey shows agents and brokers predict a stronger year in 2020 with 7% organic growth, despite small setbacks in 2019.

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Heather A. Turner

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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