Sica | Fletcher's commitment to excellence reaffirmed by #1 ranking for the 6th consecutive year - Insurance News | InsuranceNewsNet

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May 16, 2023 Newswires
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Sica | Fletcher's commitment to excellence reaffirmed by #1 ranking for the 6th consecutive year

Business Wire

S&P Global Releases Q1 Market Intelligence League Tables

NEW YORK--(BUSINESS WIRE)--
Sica | Fletcher, LLC, a premier financial advisory firm, has for the sixth consecutive year topped the Q1 S&P Global Market Intelligence League Tables for insurance brokerage M&A activity.

The achievement underscores Sica | Fletcher’s leadership position in the industry and follows a robust launch to 2023 in which the firm closed more deals than all of its competitors combined.

Sica | Fletcher's unwavering commitment to excellence in the insurance agency and brokerage M&A market has allowed it to maintain its status as the preferred financial advisor for its clients. According to the S&P Global Market Intelligence League Table, Sica | Fletcher closed 31 insurance M&A deals in 2023, surpassing its closest competitor by over 20 deals and commanding more than 50 percent of the market share for the quarter. This figure represents a 138 percent increase in deals compared to Q1 2022.

“Our knowledge of the insurance M&A market, depth of industry expertise, and expansive network support our singular focus—maximizing the value of our clients' firms,” says Managing Partner Mike Fletcher. “We have maintained our industry-leading position for the past six years by utilizing our unique and proprietary process, enabling us to drive the best possible outcomes in all our deals.”

To maintain its position as the leading financial advisor in the market, Sica | Fletcher will continue to leverage its proprietary process, expansive network, and exceptional team to drive the best possible outcomes for its clients. The firm will also continue to invest in its people, technology, and infrastructure to ensure that it can deliver the highest quality service and maintain its competitive edge.

In summary, Sica | Fletcher's impressive performance in Q1 2023 and its outlook for the remainder of the year underscore its position as the leader in the insurance M&A market.

The Q1 2023 S&P Global League Table is available here.

About Sica | Fletcher: Sica | Fletcher is a New York-based strategic and financial advisory firm focused exclusively on the insurance industry. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $12 billion in insurance agency and brokerage transactions since 2014. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Learn more at SicaFletcher.com.

src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20230516005130r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />

View source version on businesswire.com: https://www.businesswire.com/news/home/20230516005130/en/

Mike Fletcher
Managing Partner, Sica | Fletcher

[email protected]

Patty Sgueglia
(860) 803-2074

www.sicafletcher.com

Source: Sica | Fletcher, LLC

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