trending Market Intelligence /marketintelligence/en/news-insights/trending/UGyoCDlDoDHuK1HqY8VoTA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

US insurance distribution, services M&A increased 18% in 2015, Conning study finds

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally


US insurance distribution, services M&A increased 18% in 2015, Conning study finds

Mergers and acquisitions in both insurance distribution and insuranceservices increased 18% in the U.S. and 10% globally in 2015, a study by has found, accordingto a March 29 news release.

Jerry Theodorou, vice president of insurance research at Conning,said in a news release that the distribution sector continues to consolidate, notingthat global M&A increased for the third consecutive year. Theodorou also saidthat aggregate deal volume was a record $20 billion during the year, noting thatit was driven by one significant transaction.

Steve Webersen, head of insurance research at Conning, said inthe release that distribution buyers turned to M&A as they faced a challengingbusiness environment, while acquisitions of claims adjusters and third-party administrators,health services companies, and insurance technology providers drove the more than25% increase in M&A for the services sector.