M&G plc’s Post

The financials aren’t the most complicated part of M&A. It’s the people. Handling egos and people can be stuck in their ways, especially if they have been doing it the same way for decades. You need alignment, communication, and a whole lot of patience to integrate a company successfully, says Amy M Weck, CIC, CSM, VP of M&A Integrations at The Liberty Company Insurance Brokers, LLC. #Mergersandacquisitions #mascience #Integration #culture

Did you know, people can be one of the greatest parts of M&A and one of the most challenging at the same time? Check out my mini interview with Kison Patel

Amy Weck shares her #1 tip. What tip would you share for CEOs dealing with the challenges of integrating two companies and the challenges presented in aligning different personalities and ways of doing things?

But, but Jenn...can you still squeeze her in? I've been buried and am just getting to this. Every single time I've made an exception and let someone slide into a cohort at the last minute, it's burned us and not been a great investment for anyone. Why? It's because our program ends up yet another last-minute surprise for a client service colleague. While we've done our best, they feel behind out of the gate and no longer see their firm's investment as a plus. No good deed goes unpunished. It's the same as when you know a client's decision to switch carriers is too late in the cycle but it happens anyway. 🤦♀️ Nobody forgets a failed implementation. If you'd like to sponsor someone for the Account Executive Academy or the February cohort of the Account Manager Academy, register ASAP but definitely by Friday 1/26. Then we'll all have a great experience. 🤩 GenuineShift We build client service teams to help insurance brokers grow. Clients hire you to be led.™ #employeebenefits #benefits #insurancebrokers #womenininsurance

EXCLUSIVE: Lockton Re continues Capital Markets’ expansion with Guy Carp’s Roche Learn more👇 https://lnkd.in/gcWJ8Z89 Lockton Re has hired Guy Carpenter’s Brendan Roche to continue the build out of its capital markets arm, The Insurer can reveal. #PeopleMoves #insurance #reinsurance #insurancemarket #reinsurancemarket #insurancenews #reinsurancenews

Managing change in M&A is hard. Simply telling people to embrace the change brought by M&A without explaining the benefits or impact is ineffective. Amy M Weck, VP of M&A & Integrations at The Liberty Company Insurance Brokers, LLC, Brokers highlights the power of a change champion in shifting mindsets from resistance to impact-driven enthusiasm. Learn more here: https://hubs.ly/Q02lWdy60 #Integration #MergersandAcquisitions #DealChampion #Divestitures #ChangeManagement

Our Hogan Lovells M&A Group is delighted to share the 10th edition of our M&A Year in Review showcasing the successes we shared with clients over the course of 2023 and looking ahead to the M&A trends we anticipate for the remainder of 2024, including with respect to the Insurance Sector. Click here to access and download the full report. #MergersAndAcquisitions #Transactions

Exciting news alert 🚀 Berkshire Hathaway has acquired over 26 million shares of insurance giant, Chubb! With a strong track record of successful investments, this move signals confidence in Chubb's future growth. The increased stake positions Berkshire Hathaway for mutual success and growth through collaboration and value creation. Stay tuned for the impact of this strategic investment! 🌟

🧿. The complete acquisition of Global Atlantic Financial Group by KKR is a significant move in the financial realm, showcasing confidence in Global Atlantic's growth potential under KKR's wing. Despite its excitement, the cautions about future expectations serve as a crucial reminder. I'm eager to witness how this union will influence the financial market and what innovations it will bring. Hopefully, it'll pave the way for positive changes!

European M&A activity reached record highs in Q1, presenting exciting opportunities and challenges for the insurance industry. As the market becomes increasingly competitive, leaders need to prioritise strategic hiring and organisational design to effectively capture value from these transactions. This article by MarshBerry offers key insights into the trends driving this surge and how organizations can position themselves to maximize growth through targeted M&A strategies.