The eight trends that Majesco sees reshaping the future of insurance in 2025 are: ...

While individual agents bring in 51% of the total individual new business premium, banks’ share is 33% in the individual new business premium.

There were 750 announced insurance agency mergers and acquisitions in 2024, down about 10% from the 833 reported in 2023.

Trucordia has announced the completion of its acquisition of the insurance business of Rusty Healy Insurance Agency. Financial terms of the acquisition were not disclosed.