Acquisition momentum Palmer & Cay is now part of Third Wave Insurance following an acquisition announced in March 2026, signaling potential for continuity in client relationships during the transition and opportunities to align products and services with the acquirer’s platform.

Strategic partnership The March 13 2026 partnership with TPG launching Third Wave Insurance underpins a strategy to build a broader retail insurance brokerage platform, creating open doors for cross-sell of property, casualty and employee benefits services to existing and new clients.

Mid-market focus With a client base targeting middle market to large corporate segments and a revenue range of substantial scale, there are opportunities to introduce scalable risk analysis, claims advocacy, and program design services to growing mid-market portfolios undergoing complex risk scenarios.

Global service capability The firm emphasizes worldwide service delivery for complex risks, suggesting sales potential in multinational programs, global risk control, and cross-border benefits administration for clients with international footprints.

Tech-enabled value A technology stack including Power BI, Microsoft Azure, SharePoint and other tools indicates readiness to leverage data analytics, dashboards, and digital collaboration to enhance client reporting, risk analytics, and program optimization as a differentiator in client pitches.