Smythe Advisory was recently featured in Canadian Underwriter following the release of our latest Property & Casualty Insurance Brokerage Report.
The article takes a look at what the current market looks like for merger and acquisition (M&A) activity in the Canadian P&C brokerage space. Highlighted in this article is Smythe Advisory’s very own Mike Berris, Partner and Practice Group Leader.
“The current market is primarily being driven by underwriters and private equity (PE) investors,” said Mike. “While underwriters have had significant impact on the pricing of P&C books of business, it is our view that PE investors are increasingly becoming significant players, at least as far as new transactions are concerned.”
To read the full article, check out the Canadian Underwriter website: https://www.canadianunderwriter.ca/mergers-and-aqcuisitions/whats-driving-brokerage-ma-in-canada-1004167021/