Benfield Group's successful flotation could prompt a flurry of share offerings within the industry - with broker Heath Lambert in the running to dust off flotation plans.
Hopes that the industry will now be in a position to push-through flotations have been boosted as investors stampeded into the first big flotation of the year.
One industry expert said: "In my view this is a big vote of confidence. This is a function of broader recovery. Previously shelved flotations could well be back on."
Heath Lambert has said it may revive plans for a share sale after cancelling its float last July. A Heath Lambert spokesman said: "It's one option that is open to us, but no decision has been finalised yet."
Heath Lambert Financial Group chief executive David Margrett said: "An IPO will remain an option provided it is in the best interests of our business, staff and shareholders."
But one industry source said the company may be vulnerable to an acquisition from a rival. "I wouldn't rule out a trade sale. It seems Willis are on the hunt and Heath Lambert could be its prey."
Fitch Ratings's David Wharrier said investors are keen on backing insurance propositions and firms may well revisit flotation plans. He said: "There are plenty of good business propositions in the industry to ensure many successful flotations."
