Insurance sector sets hot pace of acquisitions

The second quarter of 2022, new report shows, was particularly busy.

By Business Observer Staff
| 8:17 a.m. July 21, 2022
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Insurance

The insurance industry is having an acquisition moment.

There were 426 insurance mergers and deals in the first six months of 2022. That’s up 16% from 369 deals in the first half of 2021, according to a new report from agent-broker M&A advisory firm Optis Partners LLC. The second quarter of 2022 was especially busy: With a 20% increase in deals, it was the fourth-most-active quarter of all time.