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The Insurance Insider US news team runs you through this week’s key agency M&A.
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This was Ryan’s second-largest 2024 deal, after its $1.4bn Assure purchase.
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CEO Tim Turner said the firm still has an ambitious M&A pipeline and financial flexibility to execute deals.
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Sources said that the MGA has been working with investment bank Waller Helms to find a potential investor.
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The news comes around three months after GTCR agreed to sell AssuredPartners to AJ Gallagher for nearly $13.5bn.
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He emphasized that Consilium is a private business and intends to remain one.
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Gallagher paid out $1.7bn in 2024, additional to its costs for AssuredPartners.
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Regionals and smaller carriers need to exercise vigilance when expanding commercial casualty lines.
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It was the broker’s second-largest deal in Q4 after it completed the takeover of Dutch brokerage Quintes.
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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 group should also tilt capital allocation away from M&A and deepen its disclosure.
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Sources said the Lake Mary, Florida-based firm is working with boutique bank Lincoln International.