Broker M&A hit near decade low in October
With only two broker deals announced in October it was the joint-lowest monthly count over the past 10 years, MarshBerry has calculated.
The experts, describing the activity as having ground to a near halt, noted the last time there were only two UK deals announced in a month was in 2017.
In October Clear Group bought wholesale broker Commercial Risks (UK) and its managing general agent Troon Underwriting; while Seventeen Group snapped up Dashwood Brewer & Phipps.
Both deals involved Lloyd’s brokers with a private equity-backed buyer.
“A major M&A theme throughout 2026 has been the continuing demand for specialty (MGA and wholesale
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