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November 27, 2013 in Editors' Featured
M&A Review: MarshBerry
(+59 rating, 15 votes)
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Agency valuations have been on the rise in 2013 after a record-breaking 2012 in the mergers and acquisitions market. There was a rush to close deals in December 2012, marking the most active month in insurance M&A history, says Tim Gould from MarshBerry Inc. The depleted supply of agencies for sale left the beginning of 2013 dry, which drove up agency values. Today's peak valuations make it a good time to sell, Gould says. But this trend won't last long. As agencies continue to achieve organic growth through firmer market pricing, the need to acquire will lessen, Gould says, driving down agency values once again.
