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The future of the insurance brokerage business is bright. (iStock) The future of the insurance brokerage business is bright. (iStock)

Over the past few years, there has been significant growth in insurance brokerage M&A activity. 2019 set a record for the total number of transactions in the industry. And while 2020 may see M&A drop by a small margin because of COVID-19, experts are predicting a spike in mergers once again in 2021.

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