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During 2023, insurance brokerage mergers and acquisitions declined by nearly 17%, according to Marsh, Berry & Co., LLC, which reported market movements are pointing to a positive year ahead for M&A activity. The overall decline in 2023 is dramatic on its face, but MarshBerry noted that the 751 deals announced in 2023 will mark the third-highest number of transactions in the industry's history.
Agent & Broker
January 09, 2024, 11:29 PM