Magazine

Cover Story April 2025

Deal volume was up in 2024, but it was deal size that drew the industry's attention most of all. Will the trends continue in 2025?

By Phil Trem

Features

The Art of the Announcement

When it comes to M&A deals, when, whether, and how to announce the transaction can be a very strategic decision.

Broker Opportunities Abound in 2025

Even after four years of robust growth and profit, brokers have additional runway to succeed this year—but they’ll need to think strategically.

Tailwinds Blowing for Private Equity M&A

Private investor interest in insurance remains strong. McKinsey experts detail which players in the ecosystem are seeing the most interest and why.

Smaller Lines, Bigger Profits

New research illuminates the what and where of P&C industry profitability.

Thought Leaders

EYES in the Sky

Aerial imagery is under scrutiny by state regulators.

The insurance brokerage deals market was incredibly active in 2024, with a twofold increase in the number of announced transactions in the closing six months of the year. This momentum is expected to continue into 2025.

Brokerage Ops M&A Deals Begin with Messaging

Soft Skills Can Produce Strong Results

By learning professionalism, critical thinking, and followership, Generation Z workers can simultaneously advance their careers and benefit their employers.

European M&A Dips Slightly but Promising Markets Emerge

The 6.8% drop in announced deals in 2024 doesn’t tell the whole story, as record-breaking geographic spread suggests the market remains strong.

M&A Picks up the Pace in Early 2025

Announced insurance transactions this year are 25% ahead of 2024. Could it be carryover from December holdouts, a sign of things to come, or both?

The Budget Hawks Are Circling

Sustaining enhanced ACA healthcare subsidies could cost hundreds of billions, but there is a way to lower that amount without forcing millions of people off coverage.

Congress Mulls Tax Breaks for Disaster Readiness

Two bills to promote home fortification for natural catastrophes have earned bipartisan and industry support, but face a crowded legislative docket.

Threats, but Still no Replacement, to the ACA

President Trump has not detailed his “concepts of a plan” to replace Obamacare. But legislative and regulatory changes for healthcare could still be on the horizon.