Industry Trends

HUB International and Bold Penguin to Acquire Insureon

Insureon will expand HUB’s network to develop, offer and distribute a new generation of proprietary insurance products and solidify Bold Penguin’s position as the leading commercial insurance marketplace for retail insurance agencies.

Insurance Agency M&A Broke All-Time Record in 2021

The increase in agency merger & acquisition rates was caused by investors flush with capital continuing to meet an increasing supply of aging owners taking advantage of all-time high valuations.

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