Analysis

Why 2024 was a transformational year for UK M&A

By 2025-02-25T08:00:00

transformation, acquisition

The insurer and broker sectors both recorded standout acquisition volume and values last year – however, industry experts do not see the same trends for 2025, with January providing the lowest monthly M&A completion figure since 2017

A record-breaking wave of M&A has reshaped the UK insurance market over the past year, with the broking and insurer sectors undergoing significant consolidation to alter market dynamics.

According to January 2025 figures published by professional services firm Ernst and Young (EY), the number of UK insurance deals rose from 112 in 2023 to 188 in 2024, with the total publicly disclosed deal value increasing from £3.7bn to £4.6bn between 2023 and 2024.

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