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Oct 3, 2024 | 
marshberry.com | Sara Dahlen |Brian Refici
Technology can do a lot of things, but fixing broken processes or replacing certain human expertise are still a very long way away. Before you integrate the latest system or add AI, figure out where digital solutions will have the greatest impact in helping you achieve your goals. It’s one of the hottest topics in today’s corporate world – how do businesses use innovative technology to grow and improve? At the core of this discussion is AI and automation.
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Sep 17, 2024 | 
marshberry.com | Sara Dahlen |Phil Trem
Ahead of the Federal Reserve’s anticipated cut to the federal funds rate, the M&A market for insurance brokerage continues to heat up. September has seen some of the most volatile financial markets of the year. Some of it has been the reaction to the most recent jobs report, which showed slowing job growth and rising employment. Some of it may be in anticipation of the Federal Reserve’s (Fed) meeting on September 18th, in which the Fed is expected to cut the federal funds rate.
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Aug 28, 2024 | 
marshberry.com | Sara Dahlen |Phil Trem
Despite volatility in the financial markets, and continued uncertainty with inflation, interest rates and the labor markets – insurance brokerages continue to see growth and deliver profitability. Some of the largest public brokers are seeing all-time highs in stock price, including Arthur J. Gallagher & Co (AJG) and Brown & Brown (BRO).
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Jul 17, 2024 | 
marshberry.com | Sara Dahlen |Peter Kämpf
The rise of “nuclear verdicts” has profound implications for insurance carriers and the insurance pricing environment. Brokers should implement strategies to optimally position their firms and clients. There’s currently an unprecedented hard insurance rate environment that has extended beyond five years.
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Jun 24, 2024 | 
marshberry.com | Sara Dahlen |Phil Trem
Despite a pullback by the Federal Reserve on the number of interest rate cuts in 2024, insurance brokerage M&A activity shows no signs of slowing down. Even as U.S. inflation continues to track sideways, forcing the Federal Reserve (Fed) to revise its plans for rate cuts – now signaling just one cut in 2024 – merger and acquisition (M&A) activity in the insurance brokerage space continues at an active pace.
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May 16, 2024 | 
marshberry.com | Sara Dahlen
Overall, insurance brokers had strong earnings results in Q1 2024. Management teams were positive in meeting targets for Q1 2024 and further into 2024. Quick look: Organic growth ratesOrganic growth figures reported in Q1 2024 were generally comparable to those seen in Q4 2023. Most brokers reported organic growth rates in a range of 5%-15%. Marsh & McLennan Companies, Inc. (MMC) reported Q1 2024 organic growth of 9%, compared to 7% in Q4 2023. Brown & Brown, Inc.
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Apr 17, 2024 | 
marshberry.com | Sara Dahlen |Phil Trem
The past several years of a hard market and rising insurance rates has enabled most firms to realize some organic revenue growth. As insurance rates inevitably begin to ease, firms that wish to remain competitive will need to focus on strategies that drive continuous growth. While no two firms will follow the exact same path, here are four factors that firms of all sizes should consider when building a growth strategy.
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Apr 15, 2024 | 
marshberry.com | Sara Dahlen |Jennifer Martin
When it comes to your firm’s value, do you have a number in mind for what you think it is worth? The truth is there is no one true value of a company; it depends on a variety of factors including the purpose and use of the valuation. When most business owners think of value, they think of Fair Market Value (FMV).
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Mar 13, 2024 | 
marshberry.com | Sara Dahlen |Phil Trem
On the heels of the State of the Union address, President Biden’s tax plan sends signals to corporations and high earners that will likely influence M&A activity in 2024 and beyond. As the stage is now set for the U.S. presidential election, with President Biden and former President Trump squaring off once again, what might be the impact on mergers and acquisitions (M&A) activity in the insurance brokerage space?
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Mar 7, 2024 | 
marshberry.com | Sara Dahlen
Overall, Q4 2023 earnings results from insurance brokers showed strong performances. Management teams were positive in meeting targets for Q1 2024 and further into 2024. Quick look: Organic growth ratesOrganic growth figures reported in Q4 2023 were generally comparable to those seen in Q3 2023. Most brokers reported organic growth rates in a range of 6%-16%. Marsh & McLennan Companies, Inc. (MMC) reported Q4 2023 organic growth of 7%, compared to 10% in Q3 2023. Brown & Brown, Inc.
