Insurance Broker M&A Update: Navigating the Opportunities and Challenges in 2026

Overview

In 2025, the insurance brokerage M&A market remained resilient despite an evolving economic and regulatory environment. As markets adapts to shifting interest rate dynamics, signs of strain have begun to appear in the large-deal segment, creating ripple effects throughout the broader landscape.

What does this momentum signal for insurance broker M&A activity in the year ahead? Which trends are taking shape, which core fundamentals remain steady, and what potential risks may be emerging on the horizon?


Key Takeaways // 


  • An overview of current market activity and expectations for the year ahead
  • The latest trends in valuation multiples and deal structures
  • An update on the most active buyers and how the buyer landscape is evolving
  • Key factors that continue to drive valuation outcomes in a sale

Presenters // 


Michael Fletcher
Managing Partner at Sica | Fletcher

 

Pete Herman
Managing Director at Sica | Fletcher

 

Sean Napoli
Managing Partner at Sica | Fletcher