Brown & Brown signs $9.8 billion deal for rival broker Accession Risk-February 2024-www.financetom.com

Brown & Brown signs $9.8 billion deal for rival broker Accession Risk

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Brown & Brown signs $9.8 billion deal for rival broker Accession Risk

Jun 10, 2025 4:21 AM

June 10 (Reuters) - Insurance broker Brown & Brown ( BRO )

will buy Risk Strategies parent Accession Risk

Management in a $9.83 billion deal, the companies announced on

Tuesday.

The deal adds to a handful of mega transactions in the

highly fragmented insurance broker industry in recent years, as

top firms look to increase scale and boost their competitive

position.

It is expected to close in the third quarter of 2025.

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