Driving mid-market success through underwriting productivity
Technology and data have long been lauded as drivers of competitive advantage in insurance. But, as the saying goes: “People don’t want a quarter-inch drill. They want a quarter-inch hole.”
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29 December 2025 From Gallagher’s $13.45bn blockbuster buy to Markel’s exit from global reinsurance, 2025 delivered surprises on both ends of the M&A spectrum. We take a closer look at the deals and retreats that shook the market.