By John Meyer, consultant in financial affairs – Eurasia Business News, June 10, 2025. Article no. 1552.

Brown & Brown has announced a $9.83 billion deal to acquire Accession Risk Management, the parent company of Risk Strategies and One80 Intermediaries. The transaction, combining cash and stock considerations, is part of ongoing consolidation in the fragmented insurance brokerage industry, aiming to expand Brown & Brown’s market share and strengthen its competitive position.

Accession Risk Management, based in Boston, is a leading specialty insurance distribution and risk management group with over 5,000 employees and more than $15.7 billion in premiums placed. Its subsidiaries serve a broad client base including commercial businesses, nonprofits, and public entities. Risk Strategies offers comprehensive risk management and insurance brokerage services, while One80 Intermediaries is a major insurance wholesaler and program manager with a presence across the US and Canada and access to global insurance markets.

Funding for the acquisition will come from a $4 billion equity raise and $4 billion in bonds. The deal is expected to close in the third quarter of 2025 and will enhance Brown & Brown’s property-casualty and employee benefits divisions, particularly boosting its presence in the middle-market segment between small businesses and multinational corporations.

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© Copyright 2025 – Eurasia Business News. Article no. 1552.