Opinion: Why a slower insurance M&A market still creates opportunity
Despite clear signs of a slowdown of investments, the qualities that made insurance broking attractive to investors are still intact – and a more selective market may actually favour better deals, says Andrea Bertolini, partner and head of financial services at Inflexion.
After several years of intense consolidation, UK insurance broking M&A is showing signs of slowing. Higher financing costs, fewer obvious targets and a market where many attractive businesses have already changed hands are cooling deal activity.
But that doesn’t mean the opportunity has gone. The simplicity of the sector means it is not about heavy operational change but about driving cross-sell and commercial rigour.
And the fundamentals supporting it are strong. Insurance is essential rather
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