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The broker attributed the drop to smaller average deal sizes over the quarter. -
The Nationwide subsidiary is a $750mn-premium wholesale brokerage that serves about 10,000 local agents.
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This year's modelled outputs have increased across all return periods.
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The broker said clients could expect to see double-digit rate decreases this year.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Sources said that Waller Helms/Houlihan Lokey is working with the firm as financial adviser.
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Insurance stocks are lukewarm amid earnings season, cats and political changes.
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The Pacific region led the quarter’s price decline at -8%.
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The arrival of Marsh’s Donnelly will "accelerate" US specialty growth, the CEO said.
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Company-specific strategies will play a vital role in sustaining growth in the current market.
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CEO Carl Hess said WTW is entering 2025 with “considerable momentum”.
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The executive was CFO of Marsh Specialty and Global Placement.
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