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Brokerage M&As mergers and acquisitions are slowing

Mergers and acquisitions between insurance agents and brokers fell in the second quarter as some previously active buyers reduced the number of purchases they completed, according to a report by Optis Partners LLC. The Chicago-based investment banking and financial advisory firm said in the report that 146 deals were announced during the second quarter, down 26% from the same period last year and 26% below the five-year average.

Source: Al Morakeb Group