Germundson: Insurance M&A is “Not Dead” After Drop in Announced Transactions
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Experts agree that after a record-setting 2021 and a dip in 2022, the number of announced insurance distribution mergers and acquisitions plunged to pre-pandemic levels in 2023. Still, Steve Germundson, a partner at OPTIS Partners, said that the M&A marketplace is “largely healthy,” noting that “well-positioned, well-capitalized” buyers remain on the hunt. Read the full story in the Feb. 19 edition of Insurance Journal.