MarshBerry 2014 - 2015 Market & Financial Outlook Report Now Available

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Dec 22, 2014, 10:55 ET

WOODMERE, Ohio, Dec. 22, 2014 /PRNewswire/ -- MarshBerry has released its 29th Annual Market & Financial Outlook Report. Results from the 2014 survey compiled anonymous general independent agency information, financial, market, carrier and technology data, along with MarshBerry's proprietary financial management system Perspectives for High Performance ("PHP") data.

The complete report, available for $349, enables independent insurance agencies to highlight key agent and broker performance trends from 2007–2015 with results segmented by revenue size and region.

According to Megan Bosma, Senior Vice President at MarshBerry, "Agents can no longer count on the typical soft and hard market swings we experienced in the past. Big data has infiltrated every industry, including insurance. Carriers are using data analytics to understand competitors, enhance underwriting, evaluate agency relationships and everything in between. Now, more than ever, independent agents and brokers need to assess their performance, understand market fundamentals and plan for the future. Based on our estimates, agencies will report record growth in 2014 with total commission and fee income reaching 9% and profitability at an average of 17%. Employee productivity has achieved a seven year high due to organic growth and an expanding exposure base with 72% of survey respondents planning to increase head count in 2015. In terms of merger and acquisition activity, we anticipate consolidation will continue to shape the industry and internal perpetuation to be the biggest long-term threat."

The five core chapters offer a market overview and outlook. Charts in each section provide information on:

External Factors: Economy & Market Dynamics
Growth
Expense Management & Profit
Operations & Productivity
Merger & Acquisition and Perpetuation Readiness*

How to Purchase:

Cost is $349 for the full report which is available in PDF only.
Log on to www.MarshBerry.com/2014MarketFinancial and follow the instructions provided.

About MarshBerry:
Founded in 1981, MarshBerry's primary objective is to help insurance agents, brokers and carriers as they work to maximize their value through our industry-specific services that include: Merger & Acquisition Advisory*, Financial Consulting, Organic Growth Consulting, Information Services and Peer Exchange Networks. Ranked #1 by SNL Financial for each of the past 15 years, MarshBerry has closed 435 transactions and over 215 diagnostic and confirmatory due diligence projects over the last ten years. Visit www.marshberry.com to learn more.

*Securities offered through MarshBerry Capital, Inc., Member FINRA and SIPC, and an affiliate of Marsh, Berry & Company, Inc., 28601 Chagrin Blvd., Suite 400, Woodmere, OH 44122 440.354.3230

Contact:
Lauren Byers, Director – Marketing, MarshBerry
Direct Phone: 440.392.6546
Email: [email protected]

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SOURCE MarshBerry