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In February, the company announced it received regulatory approval for the deal. -
A US buy would have to be easily integrated, the CEO stated.
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There is a long waiting list of carriers looking to pull the IPO trigger, but market conditions remain tough.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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After a period of business building, MGAs will likely spend more time optimizing.
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The shares will be purchased via the open market or private third-party transactions.
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This publication revealed earlier that Command was seeking a new backer.
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It makes sense for Next to secure a sale as an exit strategy in an increasingly challenging funding environment.
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PE and international players could be drivers of P&C carrier M&A activity in the future.
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Sources said that Insurance Advisory Partners is advising the fac MGA on the strategic process.
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What insurers can learn from the history that led to this deal.
