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Brown & Brown acquires Accession Risk Management

PUBLIC · BROOct 21, 2025

Acquiring Company

Brown & Brown

Acquired Company

Accession Risk Management

Daytona BeachBostonFinancial ServicesInternet ServicesLending And InvestmentsInsurtechInsuranceFinancial ServicesEmployee BenefitsRisk ManagementInsurance

Description

Brown & Brown, Inc. has recently completed the acquisition of Accession Risk Management. This strategic move is part of their expansion efforts to enhance retail operations and support ongoing growth initiatives. The acquisition aims to bolster Brown & Brown's capabilities in risk management and insurance services. The leadership shuffle, including Steve Hearn's appointment, reflects the company's commitment to integrating this acquisition effectively.

Quick answer

Brown & Brown is acquiring Accession Risk Management, announced October 21, 2025. Brown & Brown is based in Daytona Beach, Florida, United States.

How much did Brown & Brown pay for Accession Risk Management?
The deal value was not disclosed.
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.

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Company Information

Company

Brown & Brown

Location

300 N Beach St

Daytona Beach, Florida, United States

About

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. and select global markets, we are committed to providing innovative strategies to help protect what our customers value most. For more information, please visit www.bbinsurance.com. This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this acquisition. These statements are not historical facts, but instead represent only Brown & Brown’s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown’s control. It is possible that Brown & Brown’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown’s financial results and condition, as well as its other achievements, is contained in Brown & Brown’s filings with the Securities and Exchange Commission. Such factors include those factors relevant to Brown & Brown’s consummation and integration of the announced acquisition, including any matters analyzed in the due diligence process, and material adverse changes in the business and financial condition of the seller, the buyer, or both, and their respective customers. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.

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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 October 21, 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 October 21, 2025. Brown & Brown, Inc. has recently completed the acquisition of Accession Risk Management. This strategic move is part of their expansion efforts to enhance retail operations and support ongoing growth initiatives. 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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