Marcus & Millichap Extends Brown & Brown Insurance Partnership to Canada
Event summary
- Marcus & Millichap expands its Preferred Partner relationship with Brown & Brown into Canada.
- Brown & Brown's National Real Estate Practice will provide insurance, risk, and portfolio insights to Marcus & Millichap's Canadian clients.
- The move follows Marcus & Millichap's establishment in Canada since 2013 and Brown & Brown's growing presence in the country.
- The partnership aims to streamline access to insurance placement, specialty risk consulting, and due diligence for commercial real estate investors.
The big picture
The expansion reflects a strategic move to integrate risk management earlier in the investment lifecycle, addressing rising insurance costs that influence valuation and execution. With Marcus & Millichap closing 8,818 transactions worth $50.8 billion in 2025 and Brown & Brown's extensive global presence, the partnership aims to leverage localized expertise with broader market access. This aligns with broader industry trends where commercial real estate investors seek greater clarity in transaction processes.
What we're watching
- Market Penetration
- How the partnership will affect Marcus & Millichap's market share in Canadian commercial real estate.
- Risk Management
- Whether Brown & Brown's specialized insurance solutions can enhance deal execution confidence for investors.
- Operational Synergy
- The pace at which the combined local expertise and broader resources will drive transaction volumes.
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