The P&C industry spans numerous professionals such as underwriters, wholesalers, brokers and support functions that include claims adjusters, restoration companies and risk managers. In addition, over the last decade, it has undergone a drastic overhaul, with better risk management strategies being implemented, the development of online distribution channels, consolidations and sharp increases in valuations. You can trust our advisory and tax teams to help you keep up with the rapidly changing face of this sector.
Our reputation for quality, integrity and innovation is well known to agents, brokers, MGAs, underwriters and investors throughout North America. Smythe’s advisory professionals have decades worth of experience between them and have been involved in hundreds of projects and assignments for clients in every aspect of the P&C industry.
The services and advice we provide our clients include:
Working together, our tax and advisory teams have represented over 100 brokerages throughout Canada as accountants and tax advisors. Our familiarity with the industry, broker management systems and common tax issues allows us to prepare financial statements and tax returns efficiently and economically. You will not have to teach our teams about your business.
Our M&A team are experts at planning and executing successful divestiture transactions. We have both the required market knowledge and relationships with investors and underwriters, which helps ensure our clients achieve their desired results.
We also work with acquirers to understand the scope of potential acquisitions and undertake due diligence on their behalf. Financial institutions, boards of companies and investors often engage us to review acquisition targets and prepare “Quality of Earnings” reports.
Our longevity in the industry, along with our proprietary database, allows us to help brokerages and MGAs understand what results are possible and create the systems and structures that allow clients to improve profitability and, ultimately, shareholder value.
We produce an industry report on a semi-annual basis that summarizes industry results and issues, the benchmark component of which is a trusted resource that industry participants in both Canada and the US rely on.
We regularly work with clients to finance acquisitions, allow for shareholder succession, design employee shares ownership plans (ESOPs) or restructure the balance sheet.
Our analysis and resulting reports have been relied on by many stakeholders, including the boards of various companies, financial institutions and underwriters.
Our advisory group includes seven designated Chartered Business Valuators (CBVs), all of whom have experience in providing Expert Opinion Reports specifically related to the Canadian P&C insurance industry. Our reports have been used in shareholder disputes, merger negotiations, matrimonial litigations, damage quantifications and income tax reorganizations, among many others.
Our advisory practice is proud of the Smythe Property & Casualty Insurance Brokerage Reports we produce. Each report will provide you with information on the financial performance of insurance brokerages collected from a Canada-wide sample.
To access the reports, please fill out the form to the right.
"*" indicates required fields
Whether you are buying a new business or selling your current one, the Smythe team has the experience and knowledge across various industries to guide you through the decision-making process, from start to finish.Explore
At Smythe, our team of business valuation experts will accurately and fairly determine the value of your business. We are well versed in providing independent, objective and expert business valuation services for several purposes such as tax and transaction pricing.Explore