As dealmaking slowly rebounds, specialized firms will have an edge

Specialty distribution firms, especially managing general agents (MGAs) and managing general underwriters (MGUs), are expected to be highly attractive acquisition targets this year.

While the overall mergers and acquisitions (M&A) outlook for the industry could remain subdued, Kelly Maheu (pictured), VP of industry solutions at Vertafore, sees a huge opportunity for high-performing MGAs in 2024.

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