Welcome to the April edition of the STG Insurance Agent and Broker Sales Alerts, listing independent insurance agencies for sale nationwide. The M&A market activity in the segments of our focus has shown strength as we finished the first quarter. The seller’s market continues; however, we have seen mounting evidence that buyers are being very rational with their purchases and overvalued agencies are setting in the market wanting for buyers.
The hard P&C market continues to be with us and we anticipate it to endure for the foreseeable future. The healthcare market is softening from previous levels, however the biggest note is the lack of the feared collapse of the small employee benefits agency sector as a consequence of the ACA that some were predicting.