Brown & Brown Acquires Health Special Risk, Inc.

Brown & Brown, Inc. Acquires Special Risk Insurance Managers, Ltd.

January 7, 2020

Insurance

Brown & Brown, Inc. completed the acquisition of Special Risk Insurance Managers, Ltd., a Canadian managing general agent (MGA) specializing in specialty and hard-to-place risks. The deal expands Brown & Brown's specialty insurance capabilities and presence in the Canadian market.

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.

Brown & Brown's Hull & Company Acquires Texas All Risk General Agency

January 17, 2020

Insurance

Hull & Company, LLC (a subsidiary of Brown & Brown, Inc.) has acquired substantially all assets of Texas All Risk General Agency, Inc. The Texas All Risk team will continue operating from Dallas as a stand‑alone office within Brown & Brown's Wholesale Brokerage segment to support expansion in Texas and into Louisiana and Oklahoma.

Brown & Brown Acquires Certain Assets of BayRisk Insurance Brokers

January 12, 2016

Insurance

Brown & Brown Insurance Services of California, a subsidiary of Brown & Brown, Inc., acquired certain assets of BayRisk Insurance Brokers, Inc., a California-based insurance agency. The asset purchase strengthens Brown & Brown's presence in California and adds BayRisk's specialty property & casualty programs (including mobile food vendor coverage) to Brown & Brown's offerings.

Specialist Risk Group (SRG) Acquires GB Underwriting

January 14, 2021

Insurance

Specialist Risk Group (SRG), backed by new majority investor HGGC, has acquired GB Underwriting, a UK managing general agent (MGA) specializing in property and liability insurance for construction and building trades. The deal strengthens SRG's MGA capability and expands its specialist insurance offering to UK brokers.

HGGC Acquires Specialist Risk Group

December 21, 2020

Insurance

Middle-market private equity firm HGGC has signed a definitive agreement to acquire London-based Specialist Risk Group (SRG). SRG's management will reinvest alongside HGGC while existing investor Pollen Street Capital will exit; the transaction is expected to close in Q1 2021 subject to regulatory approval.