In the latest episode of the Insurance Post Podcast, titled What is driving M&A activity in insurance, Blanc said there were demographic challenges regarding men leaving businesses in their late 50s and early 60s who are struggling to figure out how to exit the market.

He added that there were also businesses, which were struggling to grow, that were seeking buyers: “There is quite a flush of brokers that have just stopped growing and are struggling to work out how to grow without investment.”

During the podcast, Alistair Hardie, group CEO of Jensten Group, said the economic environment of the past couple of years has resulted in a lot of brokers considering selling their business this year.

Blanc and Hardie were joined on the podcast by Martyn Mathews, vice president of personal and commercial lines at Lexis Nexis Risk Solutions, to explore how a robust mergers and acquisitions blueprint can address where, why, and how a company will undertake an acquisition.

Hosted on Acast. See acast.com/privacy for more information.