Brown & Brown, Inc. to Acquire Accession Risk Management Group (RSC Topco) for $9.825B

Brown & Brown, Inc. Acquires Global Risk Partners Limited

March 8, 2022

Insurance

Brown & Brown, Inc. has entered into an agreement to acquire Global Risk Partners Limited (GRP) from funds advised by Searchlight Capital Partners; the transaction is expected to close in Q3 2022 subject to regulatory approvals, including the UK Financial Conduct Authority. GRP is a London-headquartered independent insurance intermediary with roughly 2,100 employees, operations across 110+ locations in the UK and Ireland, and annual revenue of approximately $340 million.

CRC Group Acquires W. Brown & Associates Property & Casualty

November 3, 2020

Insurance

CRC Group has completed the acquisition of W. Brown & Associates Property & Casualty, a surplus lines broker and managing general agent based in Irvine, California. The deal expands CRC's brokerage and binding capabilities—adding a physical California binding office—and gives W. Brown access to CRC markets, exclusive products and the REDY data and analytics platform; terms were not disclosed.

Brown & Brown, Inc. Acquires Assets of The Canopy Group

October 3, 2024

Insurance

A subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group, a multiline insurance agency based in Le Sueur, Minnesota. The Canopy Group's principals Paul Borchert and Jeff McDonald will continue to lead operations as the acquisition expands Brown & Brown's personal lines and small-business commercial offerings in Minnesota.

BCS Financial Corporation Acquires Medical Risk Managers, Inc.

October 6, 2020

Insurance

BCS Financial Corporation has acquired Medical Risk Managers, Inc. (MRM), a managing general underwriter providing Stop Loss pricing and underwriting services. The acquisition adds MRM’s Stop Loss pricing, underwriting, and case management capabilities to BCS’s Risk Navigator solution set and keeps MRM leadership (Mehb Khoja) in place while MRM remains headquartered in Connecticut.

Brown & Brown Acquires BdB Limited Insurance Operating Companies

February 7, 2022

Insurance

Brown & Brown, Inc. has entered into an agreement to acquire the general insurance operating companies of BdB (including BdB (UK) Limited, BdB Europe SRL and affiliated Mithras entities). The BdB businesses — a specialist wholesale broker and MGA network operating in the UK and Europe — will continue to operate from locations in London, Belgium and Italy and will report into Brown & Brown’s Bridge Specialty Group.

Brown & Brown Acquires Quintes from Aquiline Capital Partners

July 29, 2024

Insurance

Brown & Brown, Inc. has agreed to acquire Quintes Holding B.V. from Aquiline Capital Partners LP, with the Quintes management ownership team also selling their stakes. Quintes, a leading Dutch insurance broker and MGA serving roughly 200,000 SME and retail customers with ~700 employees across 18 offices, will join Brown & Brown pending customary closing conditions and regulatory approvals expected in Q4 2024.