Analysis

Opinion: M&A fuels record aggregate brokerage growth

By 2023-03-09T16:33:00

M&A, growth

Last year’s private equity investments and broker consolidation caused hikes in aggregate brokerage across this year’s top 50 brokers – but will this be repeated in 2023?

Following a year of increasingly eye-watering inflation, big name insurance M&A deals and a political party unravelling, Insurance Times can now reveal the results of 2022’s Top 50 Brokers report, based on data supplied by financial consultancy Imas.

Despite the financial pressures engulfing many individuals and businesses, aggregate brokerage across the Top 50 Brokers constituents has improved 8% between 2021 and 2022, to £11.5bn, marking the highest level of aggregate brokerage growth in the last decade, according to Imas partner John Nisbet.

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