Episode

How Private Equity Is Buying Up Independent Insurance Agencies

Podcast
The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
Published
Jun 14, 2026
Duration seconds
690
Processing state
not_requested
Canonical source
https://audio.fexingo.com/business/the-buyout-show/episode-0051.mp3
Audio
https://audio.fexingo.com/business/the-buyout-show/episode-0051.mp3
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/v1/public/podcasts/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/episodes/how-private-equity-is-buying-up-independent-insurance-agencies
Markdown
/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-independent-insurance-agencies.md

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Summary

In this episode of The Buyout Show, Lucas and Luna explore how private equity firms are systematically acquiring independent insurance agencies across the U.S. They focus on the roll-up strategy of Acrisure, which has completed over 900 acquisitions since 2013, and examine what this means for local agents and customers. The hosts discuss the economic logic behind aggregating small agencies into larger platforms, the role of carrier relationships and commission structures, and whether consolidation improves or undermines service for policyholders. Specific examples include the acquisition of Michigan-based The Horton Group and the broader trend of PE firms targeting property-and-casualty and employee benefits agencies. The episode also touches on regulatory considerations and the potential risks of over-leveraging in a hard insurance market. A light donation segment for the ad-free show is included mid-conversation. #PrivateEquity #Insurance #Acrisure #IndependentAgencies #RollUps #MergersAndAcquisitions #PropertyAndCasualty #EmployeeBenefits #Business #Finance #Investing #InsuranceConsolidation #TheHortonGroup #FexingoBusiness #BusinessPodcast #BuyoutShow #PE #InsuranceAgents Keep every episode free: buymeacoffee.com/fexingo