Davies North America’s Post

Our very own Chief Development Officer, Brooke K. DeWyze, talked to Insurance Journal a few weeks back about our M&A activity in the first half of 2024. My favorite part about what Brooke said is that we are not focused on high-volume acquisitions. Instead, we focus on the strategic value of each deal and how that will contribute to the overall growth and success of PCF. Linking the article below if you'd like to read it.

The high-net-worth insurance market has seen a wave of mergers, acquisitions, and run-offs in recent years. Numerous MGAs that once dominated this space have either been sold or gone in to run off. What's behind this trend? Bspoke Private Clients MD, Adrian Ewington, recently shared his views and insights on the challenges facing HNW MGAs today with Scott McGee at the Insurance Post. From heightened competition to changing customer demands, you can hear more about Adrian's view of the key factors that separate the survivors from those struggling to stay afloat, here: https://lnkd.in/eDWBwYaw

PCF Insurance Services, one of the top twenty US insurance brokers operating across 40 states, has announced the acquisition of four key agencies: Ignitist in Pennsylvania, The Brady Agency in North Carolina, Roseberry Insurance Agency in Mississippi, and The Sinnott Agency in Iowa. Brooke King DeWyze, CPA, CIC, (pictured), Chief Development Officer, commented: “At PCF Insurance, we are committed to accelerated and strategic expansion through M&A—not to be confused with high-volume. Our approach to M&A enables us to grow our operations in key markets—based on our analysis for growth potential and alignment with our current footprint—while ensuring that each new business that we integrate aligns with our long-term vision and enhances our capabilities and specialisation in key industry verticals. Read the full story here 👉 https://lnkd.in/gf63cRBS #InsurtechInsights #InsuranceNews #Acquisitions

A tale of 2 acquisitions. In the famous words of Charles Dickens, “it was the best of times, it was the worst of times.” The alternative is creating a new brokerage and allowing you to keep 100% ownership. We're building brokerages. Creating. Not consolidating. Connect with me if you’re interested in discussing your options. #JoinInsureLine #CreateNotConsolidate InsureLine Brokers Inc.

We are thrilled to announce our new partnership with Cytora 🤝 🚀 Tomás Arribas, CTO at Chimnie: "We are delighted to announce our strategic partnership with Cytora which will leverage Chimnie's industry-leading geospatial and property data to enhance Cytora's insurance risk assessment capabilities. Our comprehensive data will empower Cytora to streamline the validation of insurance submissions, perform in-depth evaluations of relevant risk parameters, and ultimately support insurers in making more accurate underwriting and pricing decisions and deliver long-term value to both Cytora and its customers." Below is the link to this morning's full press release. #ukpropertydata #ukresidential #ukcommercial #realestate #insurance

In conversation with Tainui McGregor, First Party and Claims Operations Manager, we speak about her role, expansion of in-house claims offerings, and how Arch looks to differentiate its claim service. https://lnkd.in/gGbWHSXF #PursuingBetterTogether

In this webinar series, executives in the title and escrow industry, who have navigated various market cycles, offer insights and guidance on market trends and strategies for achieving business success. Plug in your email to gain immediate access to previous event recordings featuring Ryan Marrie, President at Ohio Real Title, Sarah Blackburn, CEO of Bspoke Title Holdings, David Townsend, Esq, NTP, President and CEO of Agents National Title Insurance Company , Michael Rubin NTP, President of Shaddock National Holdings, and Vanessa Anderson, EVP & Chief Transformation Officer at Advocus National Title Insurance Company as they discuss the future of the industry, how their companies are positioning for what’s ahead, and useful tactics for tackling challenges.

Growth at World Insurance Associates LLC is not solely driven by acquisitions. Jim Hickey, EVP and Head of Personal Lines, emphasizes the importance of internal operations in achieving sustained growth. By focusing on organic growth and effective integration, World Insurance is setting a comprehensive approach for the future. https://hubs.la/Q02DVPGg0

Here’s a great article from my MarshBerry colleague Chris Rochford on the importance of establishing minimum account thresholds to help create producer accountability and drive better firm growth. Take a look! #MarshBerry #OrganicGrowth #InsuranceBrokerage https://lnkd.in/eRUBYq_j  

Here’s a great article from my MarshBerry colleague Chris Rochford on the importance of establishing minimum account thresholds to help create producer accountability and drive better firm growth. Take a look! #MarshBerry #OrganicGrowth #InsuranceBrokerage https://lnkd.in/g8cafgXB