Name
Trends in the Specialty Sector: Death of the Independent MGA
Date & Time
Wednesday, January 25, 2023, 10:15 AM - 11:15 AM
Description

The fight for specialty distributors to stay on top of trends and remain relevant in an ever changing, dynamic marketplace is a constant struggle – especially for independently owned firms that lack robust infrastructure/systems, market clout and capital. The market experienced a massive roll-up of wholesale brokers over the last decade - to the point where few independent sizable brokers remain. Independents tend to find it challenging to attract and retain talent while growing operations at a rate that keeps pace with larger competitors. Is the historical consolidation of wholesale brokers reflective of the current consolidation environment being experienced by independent delegated authority firms? During this session, we explore the dynamic changes impacting specialty firms and explain how these changes are impacting M&A transaction activity and resulting valuations.

Presented by George Bucur, MarshBerry Managing Director & Specialty Practice Co-Head

Location Name
Wasatch Ballroom
Full Address
Hyatt Centric Park City
3551 N. Escala Court
Park City, UT 84098
United States