Anyone with experience in Canadian insurance brokerage firms?

by a searcher from Queen's University

2 months ago

I'm considering buying a couple small insurance agencies (franchises).  Would appreciate if anyone has insight into where this space is going and some things to watch out for.  This is an opportunity based in Canada, so guessing Canada-specific advice will be much more relevant.

Appreciate the help!

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searcher from Indian Institute of Technology, Delhi

yes I have been looking at the space as well and preliminary understanding is same as what Stefan mentioned. It is saturated with buyers and any small insurance agency already has an interest showed to them by large well known buyers, and it makes it difficult to find a well priced deal. But ^Searchfunder member‌ send me a DM and let us chat more on what you are seeing in the market.

1 month ago | like reply | 0 likes

professional from University of Alberta

Insurance M&A in Canada (of brokerages and online platforms) has been incredibly active for nearly 15 years - from small deals to large EV acquisitions. Many buyers in this space. As a result, it's very difficult to find any high quality insurance businesses for sale at reasonable valuations. So you might be lucky if you found a willing Seller!

2 months ago | like reply | 1 like

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