MarshBerry Launches International Venture
Woodmere, OH, October 9, 2018 – Marsh, Berry & Company, Inc. (“MarshBerry”), a leading Merger & Acquisition (M&A)* and Management Consulting firm in the insurance industry, is excited to announce its expansion into the global market with the formation of MarshBerry International. The initiative provides consulting and M&A advisory services to international insurance brokers, carriers, and companies.
MarshBerry International is led out of Europe by MarshBerry’s Managing Director Michel Schaft. Schaft is an insurance professional from The Netherlands with over 25 years of experience in international insurance. He is well respected in the industry, having served as the CEO of a top brokerage in The Netherlands, the CEO of the Dutch Insurance Exchange and as a board member of multiple international insurance associations. “I am very excited to lead this initiative which is delivering high quality consultancy and market leading M&A advisory to the insurance community outside of the US.”
“Our decision to launch an international offering was born out of the demand from international brokers to access MarshBerry’s M&A advisory expertise, performance benchmarks and peer exchange forums,” said MarshBerry Chairman and Chief Executive Officer John Wepler. “The Worldwide Broker Network was instrumental in endorsing our expansion and helping us identify the needs of global brokers.
The global peer groups facilitated by MarshBerry International are comprised of brokers from the U.S., Europe, South America, Latin America, Africa and the Asia Pacific region. Peer group participants meet in a facilitated setting to confidentially discuss common issues, exchange successful operating strategies, uncover solutions, challenge implementation, develop action plans, and compare financial benchmarks to help each other improve performance and grow.”
Having brokered more than 650 insurance M&A transactions1 in the U.S. and international market, MarshBerry has the advantage of tapping into the experience of seasoned professionals who can provide value to brokers looking to plan for their future, perpetuate internally, or buy or sell in the insurance distribution market. MarshBerry’s proficiency spans the breadth of strategic issues – from the earliest planning and strategy work through implementation, execution and the all-important post-closing management in an M&A transaction*.
Along with industry-leading M&A services, the International initiative will offer strategy consultancy, business planning, financial consulting, sales performance consulting, virtual training, intellectual capital, and benchmarking through MarshBerry’s proprietary financial benchmarking system, Perspectives for High Performance (PHP), which provides more than 4202 key ratios quarterly that are designed to analyze an insurance broker’s performance.