Brown & Brown Agrees to Acquire Accession Risk Management Group via RSC Topco

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.

Sigma7 Acquires Risk & Strategic Management, Corp.

June 20, 2022

Professional Services

Sigma7 has acquired Virginia-based Risk & Strategic Management, Corp. (RSM), a provider of risk consulting, business continuity and accredited security-focused training delivered via e-learning and an 87-acre immersive training facility. RSM founder Dr. Mike Blyth will remain CEO and all employees will stay in place; terms were not disclosed. The deal expands Sigma7's platform capabilities in training, crisis management and global risk services.

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.

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 to Acquire Quintes Holding B.V. from Aquiline Capital Partners

July 29, 2024

Insurance

Aquiline Capital Partners has entered into an agreement to sell Quintes Holding B.V. to Brown & Brown, Inc., with Quintes’ management ownership team also selling to Brown & Brown. The acquisition is expected to be finalized in Q4 2024, subject to customary closing conditions and regulatory approvals.

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.