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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

(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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