MarshBerry Advises INSURANCE GROWTH NETWORK on Partnership with People Corporation
Woodmere, OH – MarshBerry, a global leader in investment banking and consulting, is pleased to announce that it acted as an advisor to Insurance Growth Network (IGN) on their strategic partnership with People Corporation, a leading national provider of group insurance plans in Canada.
This partnership marks a significant milestone for IGN as it accelerates its growth ambitions while preserving its culture and organic growth model. IGN’s CEO, Ben McDonald, emphasized the importance of shared values in selecting People Corporation as a partner: “We selected People Corporation based on our shared belief that putting people first is key to success. Their national presence, breadth of product offerings, and commitment to cross-selling property and casualty solutions make them an ideal partner for us.”
MarshBerry guided IGN to ensure alignment with its strategic objectives and cultural priorities.
“We are honored to have work alongside the IGN team,” said Phil Trem, President of MarshBerry. “Our role was to help IGN build a partnership that not only provides the resources for national growth but also safeguards the independence and culture that make IGN unique. This deal exemplifies MarshBerry’s commitment to delivering strategic solutions that empower our clients to achieve their long-term goals.”
IGN’s innovative platform has fueled rapid expansion of small- to mid-sized independent brokerages, primarily in Western Canada and Ontario. With this partnership, IGN is poised to scale nationally while maintaining its entrepreneurial DNA.
MarshBerry’s Expertise
MarshBerry brings decades of experience advising insurance brokers on mergers, acquisitions, and capital strategies. With deep market knowledge, MarshBerry helps clients maximize value and achieve long-term growth objectives. In today’s competitive marketplace, MarshBerry’s insights and relationships enable buyers and sellers to navigate industry consolidation successfully and position themselves for sustainable success.
MarshBerry – Helping Clients Learn, Improve & Realize Value
MarshBerry is a global leader in investment banking and strategic consulting for the financial services industry. With over 40 years of experience, MarshBerry empowers firms in insurance brokerage & distribution, wealth advisory & retirement planning and accounting & tax practices to achieve long-term growth, maximize value, and navigate every stage of ownership. Core offerings include Investment Banking services such as Merger & Acquisition Advisory and Capital Raising, as well as Financial Consulting in Strategic Planning, Valuations, and Perpetuation Planning. MarshBerry also provides specialized support in Organic Growth Consulting, Executive Peer Exchange, Agency Network and Market Intelligence & Performance Benchmarking. For more information, visit www.MarshBerry.com.