US and Canada insurance M&A activity hits the brakes

Us And Canada Insurance M&Amp;A Activity Hits The Brakes

Insurance mergers and acquisitions (M&A) in the US and Canada have slowed significantly, with a notable decline in deal volume, though some sectors show resilience. In Q1 2024, agency M&A transactions in North America dropped by 18% compared to the previous year, recording only 155 deals—the lowest since Q2 2020. This marks five consecutive quarters … Read more

Brown & Brown acquires Tire Shield to expand GAP waiver and service offerings

Brown &Amp; Brown Acquires Tire Shield To Expand Gap Waiver And Service Offerings

On August 12, 2025, Brown & Brown, Inc. (NYSE: BRO), through its subsidiary Brown & Brown Dealer Services (BBDS), acquired the assets of Tire Shield, Inc., a company founded in 1997 that provides administrative services for tire and wheel road hazard products and GAP waiver products in the RV, automotive, and power sports industries. This … Read more