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This publication previously revealed that private equity firm GTCR was seeking to place the broker into a continuation vehicle.
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The average size of acquired agencies was $2.74mn, down from $4.23mn a year earlier.
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The deal’s closing comes just a month and a half after the companies announced the transaction.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Moyles will serve as co-president alongside Tom O’Neil.
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The business will trade via London, the US and Canada.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The executive spent over 15 years at Aon in various M&A-related positions.
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The MGA platform will become part of Ryan Specialty Underwriting Managers.
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The broker said the casualty segment is approaching an “inflexion point”.
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Republican tariffs and higher Democratic corporate taxes would hurt the sector.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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