AGI CEO: Traditional brokerage roll-up playbook is fading as agency prices rise
Private equity-backed insurance brokerages can no longer rely on acquisition arbitrage alone as agency prices continue to rise, requiring firms to improve the businesses they buy, Brian Morgan, CEO of newly launched brokerage growth platform American Growth Insurance (AGI), told The Insurer.
Private equity-backed insurance brokerages can no longer rely on acquisition arbitrage alone as agency prices continue to rise, requiring firms to improve the businesses they buy, Brian Morgan, CEO of newly launched brokerage growth platform American Growth Insurance (AGI), told The Insurer.
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