https://buff.ly/3OOcF80 Who potentially benefits from mergers and acquisitions in the insurance market? We could expect the following parties to benefit from M&As: 1. The end consumer - Pricing gains and more competitive premiums - Diverse product offerings - Better customer service and client experience - Technological innovation - Product innovation 2. The employees of insurance companies - Greater potential for growth - Better pay and remuneration - Job security and stability - Access to more resources and platforms 3. The market as a whole - Long term stability - Standardized product offering - Synergies and economies of scale We also have other parties and other key stakeholders such as Management and Board of Directors who would potentially gain in actual practice. It would be interesting from an empirical perspective to assess whether the above mentioned parties do actually gain and to what extent they benefit from M&As?
Specialty Program Group Canada, Totten Insurance Group, and Anderson-McTague & Associates Announce Strategic Amalgamation to Enhance Specialty Insurance Offerings Nationwide