Learn how companies work from the people who know them best. Each episode dissects a single business - from its origins and model to its financials and competitive edge. Join hosts Matt Reustle and Zack Fuss as they uncover the lessons behind every success story. Learn more at www.joincolossus.com.
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Learn how companies work from the people who know them best. Each episode dissects a single business - from its origins and model to its financials and competitive edge. Join hosts Matt Reustle and Zack Fuss as they uncover the lessons behind every success story. Learn more at www.joincolossus.com.
PE Perspective on Insurance Brokers - [Business Breakdowns, EP.225]
Business Breakdowns
58 minutes
2 weeks ago
PE Perspective on Insurance Brokers - [Business Breakdowns, EP.225]
This is Matt Reustle. Today's Breakdown caters to both public and private investors alike. My guest is Aaron Cohen, head of the Financial Services and Technology Group at GTCR, and our topic is insurance Brokers. I was initially intrigued by Aaron and GTCR after seeing their announced $13 billion sale of Assured Partners to Arthur J.Gallagher, an incredible success story in the insurance brokerage space that we covered in a previous breakdown.
But, what I failed to appreciate, and you'll hear Aaron politely correct me in the episode, is that not only did GTCR own Assured through two separate periods, they actually built the business with CEO Jim Henderson from the ground up.
We cover GTCR's approach to scaling businesses, the nuances of their leadership strategy, and why this space is so attractive to the PE market. Please enjoy this Breakdown on the insurance brokerage space.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.
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Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes.
Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Show Notes
(00:00:00) Welccome to Business Breakdowns
(00:03:34) GTCR's Investment Strategy
(00:05:31) Importance of Leadership in Investments
(00:10:04) Insurance Brokerage Industry Insights
(00:12:52) Changes and Trends in Insurance Brokerage
(00:27:49) Role of Technology in Insurance
(00:31:25) The Challenges of System Integration
(00:32:52) Revenue Growth in the Insurance Industry
(00:33:39) The Impact of Social Inflation
(00:34:25) Emerging Risks and Cybersecurity
(00:35:12) Insurance Brokers and Revenue Models
(00:40:45) Financial Metrics and EBITDA Margins
(00:42:58) Private Equity and Insurance Brokerage
(00:45:49) The Assured Partners Story
(00:54:16) Risks and Market Cycles in Insurance
(00:57:35) Regulation and Industry Stability
(00:58:49) Lessons From This Industry
Business Breakdowns
Learn how companies work from the people who know them best. Each episode dissects a single business - from its origins and model to its financials and competitive edge. Join hosts Matt Reustle and Zack Fuss as they uncover the lessons behind every success story. Learn more at www.joincolossus.com.
