Agencies pursue growth through M&A activities. (merger and acquisitions): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on October 24, 1994. The length of the article is 826 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Insurance experts attending the annual meeting of the National Assn of Casualty and Surety Executives and the Council of Insurance Agents & Brokers discussed the proliferation of mergers and acquisitions in the independent agency system. One source noted that 900 mergers or acquisitions have taken place among medium-large insurance dealers since 1984. Others discussed the need for agencies with between $1 million and $2 million in revenues to merge for the sake of survival. Acquisitions can also speed growth less expensively than internal expansion.

Citation Details
Title: Agencies pursue growth through M&A activities. (merger and acquisitions)
Author: Colleen Mulcahy
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: October 24, 1994
Publisher: The National Underwriter Company
Issue: n43 Page: p13(2)

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