Beschreibung:
The book offers a comprehensive analysis of insurance intermediaries from a capital markets perspective. It presents an up-to-date market perspective, drawing the attention to the important trends and developments in the industry and recommends strategies to secure future growth. Further, it offers a detailed description of a valuation approach specifically tailored to small and mid-sized brokers. Research on insurance intermediary M&A reveals that positive abnormal returns are achieved for acquirers. The author points out which factors lead to value creation and investigates performance drivers in the tied agent channel.
Contents: Agents and brokers in the insurance industry - Valuation of small and medium-sized insurance brokers - Value creation in insurance intermediary mergers and acquisitions - Performance transformation in the tied agent channel.