IDEX Consulting launches M&A advisory service for brokers and MGAs

IDEX Consulting has announced the launch of its new M&A advisory service specifically designed for insurance brokers and managing general agents (MGAs), aiming to address a critical gap in the underserved mergers and acquisitions (M&A) insurance sector.

The solution’s innovative approach introduces a thoughtful, long-term methodology that has been designed to transform how insurers and brokers prepare for and execute successful exits, IDEX stated.

It has been created to challenge the industry’s current traditional transaction-focused model, IDEX stated. It does this by working closely with businesses over a potential six-to-twelve-month period, and beyond, to fundamentally grow their income and EBITDA, making them more appealing to potential buyers.

Andy Fairchild, CEO of M&A for IDEX Consulting, said: “This is a M&A solution designed by brokers and MGAs for brokers and MGAs. What we have at IDEX is the ability to help brokers boost their growth and revenue, attract the best buyers in the market and prepare for a successful sale.

“We don’t just broker deals, we’re long-term partners committed to achieving maximum earn-out potential for sellers. Our unique combination of M&A expertise, talent acquisition capabilities, and deep understanding of insurance technology platforms creates value that conventional advisors simply cannot deliver.”

IDEX offers a comprehensive three-phase approach for insurance businesses: business preparation and optimisation, strategic buyer-seller matching from their network of over 40,000 UK and international businesses, and post-transaction support including talent acquisition, technology integration, and organisational redesign.

“Insurance brokers face unique challenges with sophisticated e-trading platforms and complex broking systems that we understand”, adds Fairchild.

IDEX’s new M&A advisory service fills a crucial void in the insurance sector, the firm highlighted. With a collective M&A experience exceeding 200 years, the company caters to insurance businesses that have been neglected by conventional transaction-focused consultancies.

The service is now available in both UK and international markets.