Keyword
private equity
Insurer CEOs give their take on broker independence
October 25, 2022 by David GambrillIs broker ‘independence’ capital-agnostic? Or is broker independence truly a function of who owns the brokerage, be it a broker, an insurance company or a private equity partner? This question has been the source of a longstanding debate between brokers…
Canada’s most popular brokerage M&A models
January 24, 2022 by Jason ContantPrivate equity-backed brokerages that acquire 100% of a brokerage and then offer the ability to roll over some equity continue to be Canada’s most popular M&A model, but others are gaining traction, a P&C transaction advisor says. “While obtaining markets…
Fast pace of private equity investments means more insurance placements for portfolio companies
December 14, 2021 Jason ContantSpeed can equal success when a private equity firm is looking to acquire a company. But the rush to close a deal can also mean insurance gets put on the back burner. A private equity firm often buys a controlling…
Why private equity firms should partner with just one insurer
October 14, 2021 by Jason ContantPrivate equity firms should consider partnering with one carrier who is able to handle multiple lines of insurance for both the private equity firm and its portfolio companies, a mutual insurer told Canadian Underwriter. “We’ve seen benefits of having the…
True Independence
October 3, 2019 Greg Meckbach, Associate EditorIf your brokerage generates good cash flow and has a good book of business, there’s a chance that an insurer or private equity firm will want to buy you. If they do, is your brokerage no longer independent?
Canadian M&A ahead of last year as private equity, outbound deal activity increases through Q3: PwC Canada
November 8, 2017 Jason Contant, Online EditorThe number of Canadian mergers and acquisitions (M&A) through the third quarter of this year increased to 1,879 from 1,522 during the same period in 2016, according to PwC Canada’s first Deals report, released on Monday. A PwC Canada spokesperson…
Insurance-related M&A activity explodes, insurance company moves in Canada high: OPTIS Partners
April 13, 2017 by Canadian UnderwriterOPTIS Partners has likened recent mergers and acquisitions (M&A) activity among U.S. and Canadian agencies selling p&c insurance and employee benefits to an explosion, with the 178 reported transactions in 2017 Q1 dwarfing the 115 deals in the prior-year quarter.…
Continued consolidation in Canadian broker and carrier spaces could create absence of mid-sized players: KPMG conference speaker
December 7, 2016 Jason Contant, Online EditorThe continued consolidation in both the insurance broker and carrier spaces in Canada could create an absence of mid-sized players, a speaker suggested on Wednesday at KPMG’s 25th Annual Insurance Conference in Toronto. “You could see a creation of an…