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Chief Growth Officer Mike Sullivan Provides Expert Perspective on Industry Consolidation

Across the country, insurance brokerages are consolidating to service customers with higher quality offerings in a fierce marketplace.

Largely a reaction to increased competition, the merger and acquisition (M&A) activity is showing no sign of slowing this year. Employee Benefit Adviser sought out OneDigital’s Chief Growth Officer Mike Sullivan for an expert opinion on recent acquisitions in the market in light of this current M&A growth pace.

You have a relatively fragmented space, lots of smaller agencies that compete in local markets where more significant entities like us are trying to localize our business.
Mike Sullivan, Chief Growth Officer, OneDigital

Read the full article here.

To learn more about what the employee benefits agency of the future looks like, tune into the recent Benefits Influencer Podcast with host Dennis Carlson "Benefits Advisors & Brokers: Five Years Out with Mike Sullivan."

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