Acquiring Company
Brown & Brown
Acquired Company
Accession Risk Management
Description
Brown & Brown is finalizing a deal to acquire Accession Risk Management, the parent company of Risk Strategies, in a transaction valued at approximately $10 billion. This acquisition would be the largest in Brown & Brown's history and signifies continued consolidation within the U.S. insurance brokerage market. Accession has completed over 170 acquisitions and is poised for a significant liquidity event for its investors. The deal highlights Brown & Brown's commitment to expanding its portfolio in the insurance sector.
Quick answer
Brown & Brown is acquiring Accession Risk Management for $10 billion, announced June 9, 2025. Brown & Brown is based in Daytona Beach, Florida, United States.
- How much did Brown & Brown pay for Accession Risk Management?
- The reported deal value is $10 billion.
- What does Brown & Brown do?
- Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939.
- Where are Brown & Brown and Accession Risk Management based?
- Brown & Brown is based in Daytona Beach, Florida, United States. Accession Risk Management is based in Boston, Massachusetts, United States.
- Who are the decision-makers at Brown & Brown?
- Fundz holds 3 contacts at Brown & Brown. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Internet Services
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Brown & Brown to acquire RSC Topco for $9.8 billion, $9.8B (June 22, 2025)
- BCIC acquires JN General Insurance for growth (June 11, 2025)
- StoneRidge acquires four brokerages in Ontario (July 8, 2025)
- Gallagher acquires First Capital in New Zealand (April 30, 2025)
- Afore acquires TailoredRisk to expand services (July 15, 2025)
- Afore acquires TailoredRisk Insurance effectively (July 14, 2025)
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Frequently asked
Who acquired Accession Risk Management?
Accession Risk Management was acquired by Brown & Brown, based in Daytona Beach. The deal was reported on June 9, 2025. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 11,000 teammates in more than 300 locations across the U.S. Brown & Brown is publicly traded (BRO) and operates in Financial Services.
When did Brown & Brown acquire Accession Risk Management?
Brown & Brown's acquisition of Accession Risk Management was reported on June 9, 2025. Brown & Brown is finalizing a deal to acquire Accession Risk Management, the parent company of Risk Strategies, in a transaction valued at approximately $10 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Accession Risk Management do?
Accession Risk Management is a holding company that oversees retail broking firm Risk Strategies and wholesaler One80 Intermediaries. Formed in October 2023, it has rapidly grown by acquiring multiple firms in the insurance sector. It is privately held, operating in Financial Services, and is based in Boston.
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