TA Associates’ Honan Insurance rolls up broker market

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 90%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

TA Associates-backed insurance broker Honan Insurance Group is on an M&A hot streak,

A hot streak, striking its sixth acquisition in the past six months as it tries to topple the big global American-owned players in its sector.

Honan CEO Andrew Fluitsma told Street Talk his company would buy Certus in full, using a debt facility from Macquarie.“New Zealand has been an important market for Honan’s clients,” he said. Honan’s goal is to pick market share off the big US-based brokers that dominate the market, including MarshCo and Aon. It is focused on the strata and real estate, corporate risk and employee benefits segments of the market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines