Industry Transaction Details (as of February 28, 2025)

Who’s Buying
Insurance Brokerage	785
Insurance Carrier and Other	18
Banks and Thrifts	7

What’s Being Bought
Full Service	171
P&C	476
Employee Benefits	164

Retail vs. Specialty
Retail	699
Specialty	112

All transactions listed are announced deals involving public companies, private equity backed brokers, private companies, banks, InsurTech companies (2017-2018 only) as well as others including private equity groups, underwriters, specialty lenders, etc. All targets are U.S. only. This data displays a snapshot at a particular point in time and has not been updated to reflect subsequent changes in prior years, if any. MarshBerry estimates that only 50 – 60% of all transactions are actually made public. Past performance is not necessarily indicative of future results. Data reported YTD as of 2/28/2025

Source: S&P Global Market Intelligence, Insurance Journal, and other publicly available sources

Buyer

Deal Year

Location

Buyer Type

Seller Type

Seller Line of Business

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Announced Date	Deal Year	Buyer	Seller	Seller Location	Buyer Type	Seller Type	Seller Line of Business
08/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/17	2017	Fred C. Church, Inc.	Duble & O'Hearn, Inc.	CT	Independent Agency/Broker	Retail	P&C
08/01/17	2017	Hub International Limited	East West Insurance Services Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/17	2017	NFP Corp.	Beacon Insurance Group, Inc.	SC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/17	2017	TrueNorth Companies LLC	Nimble Financial Services, Co	IL	Independent Agency/Broker	Retail	P&C
07/31/17	2017	Byars\|Wright, Inc.	Junkins Yarbrough Corporation	AL	Independent Agency/Broker	Retail	P&C
07/31/17	2017	DeWitt Insurance Agency, Inc.	Darley Insurance Agency, Inc.	GA	Independent Agency/Broker	Retail	P&C
07/31/17	2017	Hub International Limited	Undisclosed Insurance Agency	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/31/17	2017	InterWest Insurance Services, LLC	EPIC Petaluma Book of business	CA	Independent Agency/Broker	Retail	Multi Line
07/28/17	2017	Oak Hill Capital Partners	EPIC Insurance Brokers & Consultants	CA	Other Buyer	Retail	Multi Line
07/27/17	2017	Hudson United Insurance Services, LLC	Rockland Insurance Agency	NY	Independent Agency/Broker	Retail	Multi Line
07/26/17	2017	Digital Insurance, Inc.	Legacy Capital Group	AR	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/26/17	2017	Markel Corporation	State National Companies, Inc.	TX	Insurance Company	MGA	P&C
07/26/17	2017	Windermere Insurance Group LLC	Greenspon and Associates, Inc.	NC	Insurance Company	Retail	Multi Line
07/25/17	2017	AssuredPartners, Inc.	Front Range Insurance Group, LLC	CO	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/25/17	2017	Digital Insurance, Inc.	The Benefits Agency at JJ Wade & Associates	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/25/17	2017	G.F.H. Insurance Agency, Inc.	Peyton Cheely & Woodle Inc.	VA	Independent Agency/Broker	Retail	P&C
07/25/17	2017	Leavitt Group Enterprises, Inc.	Volk & Associates Insurance Agency, Inc.	CO	Independent Agency/Broker	Retail	EB & Consulting
07/25/17	2017	Risk Strategies Company, LLC	Anderson Corporate Solutions, Inc.	GA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/25/17	2017	Ryan Specialty Group, LLC	N-Surance Outlets	GA	Independent Agency/Broker	Wholesale	P&C
07/25/17	2017	U.S. Risk Insurance Group, Inc.	Strategic Insurance Underwriters	FL	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
07/24/17	2017	U.S. Risk Insurance Group, Inc.	Strategic Insurance Underwriters	FL	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
07/20/17	2017	Prime Risk Partners, Inc.	Green Owens Insurance	IN	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/19/17	2017	Nexus Underwriting Management Limited	Zon Re Personal Accident (“PA”) Treaty Reinsurance	CT	Independent Agency/Broker	Wholesale	P&C
07/19/17	2017	Seeman Holtz Property and Casualty, Inc.	Behrooz Meimand Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/19/17	2017	Seeman Holtz Property and Casualty, Inc.	DFW Trucking	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/17/17	2017	EverGuard Insurance Services Inc.	Anchor Bay Insurance Managers	WA	Independent Agency/Broker	Wholesale	P&C
07/17/17	2017	General Indemnity Group, LLC	Surety Support Services, Inc.	KS	Insurance Company	Retail	P&C
07/17/17	2017	JenCap Holdings	Special Risks Facilities, Inc	MI	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
07/14/17	2017	Morse Insurance Agency, Inc.	Quaglia Insurance Agency	MA	Independent Agency/Broker	Retail	P&C
07/13/17	2017	First Choice Bank	NorthBridge Insurance Agency, Inc.	MS	Bank or Thrift	Retail	P&C
07/12/17	2017	Alliant Insurance Services	Whitboy, Inc./Boynton & Boynton	NJ	Independent Agency/Broker- Private Capital Backed	MGA	P&C
07/11/17	2017	Hub International Limited	Unilite Insurance Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/10/17	2017	Engle-Hambright & Davies, Inc.	Whalen Insurance Associates, Inc.	PA	Independent Agency/Broker	Retail	EB & Consulting
07/07/17	2017	McGowan Companies	North American Professional Liability Insurance Agency, LLC	MA	Independent Agency/Broker	MGA	P&C
07/07/17	2017	Pioneer Savings Bank	Capital Region Strategic Employee Benefit Services, LLC	NY	Bank or Thrift	Retail	EB & Consulting
07/03/17	2017	U.S. Risk Insurance Group, Inc.	IMS London American Brokerage & Underwriting	TX	Independent Agency/Broker- Private Capital Backed	MGA	P&C
07/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	AK	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	MN	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	MN	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/01/17	2017	BroadStreet Partners, Inc.	Book of Business		Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/01/17	2017	Fleming & Riles Insurance	Brown Detherage Insurance	GA	Independent Agency/Broker	Retail	P&C
07/01/17	2017	NFP Corp.	DGU Insurance Associates, LLC	FL	Independent Agency/Broker- Private Capital Backed	MGA	P&C
07/01/17	2017	NFP Corp.	Roux Agency, Inc.	ME	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/30/17	2017	A.N. Ansay & Associates, Inc.	Wojita Hanse Insurance Agency	WI	Independent Agency/Broker	Retail	Multi Line
06/30/17	2017	Ascension Insurance, Inc.	Personal and small commercial lines book of business	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/30/17	2017	Cashmere Valley Bank	Elliott Insurance Service, Inc.	WA	Bank or Thrift	Retail	P&C
06/30/17	2017	Cashmere Valley Bank	Gellatly Agency, Inc.	WA	Bank or Thrift	Retail	P&C
06/30/17	2017	Crest Insurance Group, LLC	Troon Insurance Services, Inc.	AZ	Independent Agency/Broker	Retail	Multi Line
06/30/17	2017	Iron Ridge Insurance Services	Zehner & Associates	FL	Independent Agency/Broker	MGA	P&C
06/30/17	2017	O'Neill & Associates	G. William Collier Agency	NJ	Independent Agency/Broker	Retail	P&C
06/30/17	2017	Wortham L.L.C	Benefits, Inc.	TX	Independent Agency/Broker	Retail	EB & Consulting
06/29/17	2017	Higginbotham & Associates, Inc.	Jeannette Blanton Insurance Agency	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/28/17	2017	Kraus-Anderson Insurance	Dennis J. Linder & Associates	MN	Independent Agency/Broker	Retail	P&C
06/27/17	2017	USI Holdings Corporation	Wells Fargo Insurance Services USA, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/26/17	2017	OceanPoint Financial Partners, MHC	Christopher & Regan Insurance Inc.	RI	Bank or Thrift	Retail	Multi Line
06/23/17	2017	PayneWest Insurance, Inc.	Stieg & Associates Insurance, Inc.	MT	Independent Agency/Broker	Retail	P&C
06/22/17	2017	Bridger	SCJ Insurance Services	CA	Other Buyer	MGA	P&C
06/22/17	2017	FFI Holdings PLC	Reel Media, LLC	CA	Other Buyer	Retail	P&C
06/21/17	2017	Confie Seguros Insurance Services	EZ Insurance Services LLC	AZ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/21/17	2017	Confie Seguros Insurance Services	Louis P. Ferrari Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/21/17	2017	Confie Seguros Insurance Services	Rodney D. Young Insurance Agency, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/21/17	2017	Confie Seguros Insurance Services	Tremont Spirit Insurance, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/21/17	2017	Confie Seguros Insurance Services	Valletta Insurance Agency, LLC	AZ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/21/17	2017	NFP Corp.	Associated Insurance Centers, LLC	VA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/20/17	2017	AssuredPartners, Inc.	Benefit Resource Group	NV	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/20/17	2017	B.P. Marsh North America Ltd.	XPT Group LLC	NY	Other Buyer	Wholesale	P&C
06/20/17	2017	Brown & Brown, Inc.	Spann Insurance, Inc.	TN	Public Broker	Retail	Multi Line
06/20/17	2017	DTRT Insurance Group	Insurance Authority, Inc.	FL	Independent Agency/Broker	Retail	P&C
06/20/17	2017	Kaplansky Insurance Agency, Inc.	George Gath Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	P&C
06/20/17	2017	Seeman Holtz Property and Casualty, Inc.	Direct Choice Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/19/17	2017	Arrowhead General Insurance Agency Inc.	TriCoast Insurance Services, LLC	CA	Independent Agency/Broker	Retail	P&C
06/19/17	2017	Dean Insurance Agency, Inc.	Sumnar-Scholl Insurance Agency, Inc.	MI	Independent Agency/Broker	Retail	Multi Line
06/17/17	2017	Seeman Holtz Property and Casualty, Inc.	Florida Protect	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/17/17	2017	Seeman Holtz Property and Casualty, Inc.	Frank Naclerio	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/17/17	2017	Seeman Holtz Property and Casualty, Inc.	Torres Insurance Agency	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/14/17	2017	Southerland Insurance Agency	Tiger Insurance Agency	AR	Independent Agency/Broker	Retail	EB & Consulting
06/12/17	2017	J.M. Wilson Corporation	Klinger Associates, Inc.	IN	Independent Agency/Broker	Wholesale	P&C
06/09/17	2017	Seeman Holtz Property and Casualty, Inc.	Vincent, Urban, Walker & Associates, Inc.	WI	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/08/17	2017	Arthur J. Gallagher & Co.	Northern Star Insurance Services	TX	Public Broker	Retail	EB & Consulting
06/08/17	2017	Farmers Bankshares, Inc.	Manry Rawls, LLC	VA	Bank or Thrift	Retail	P&C
06/08/17	2017	Hub International Limited	Henry M. Murray Agency, Inc.	MD	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/07/17	2017	Hub International Limited	Brady Insurance Planning	NY	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/07/17	2017	Leavitt Group Enterprises, Inc.	Heavin & Associates and Arvak Insurance Group	TX	Independent Agency/Broker	Retail	Multi Line
06/06/17	2017	Arthur J. Gallagher & Co.	Ann Arbor Business Advisors, LLC	MI	Public Broker	Retail	EB & Consulting
06/06/17	2017	Arthur J. Gallagher & Co.	Armstrong/Robitaille/Riegle Inc.	MI	Public Broker	Retail	Multi Line
06/05/17	2017	Brookside Equity Partners LLC	Associates Underwriting Limited, L.L.C.	CA	Other Buyer	Retail	P&C
06/05/17	2017	Cross Insurance	Appleby & Wyman Insurance Agency Inc.	MA	Independent Agency/Broker	Retail	Multi Line
06/02/17	2017	Element Group LLC	Rhodes Insurance Agency, Inc.	PA	Independent Agency/Broker	Retail	P&C
06/02/17	2017	Hub International Limited	Paul Hanson Partners Specialty Insurance Solutions	CA	Independent Agency/Broker- Private Capital Backed	MGA	P&C
06/01/17	2017	Acrisure, LLC	FreedomCare Benefits, LLC	NV	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Acrisure, LLC	Self Insured Solutions, LLC	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	CT	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	MI	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Acrisure, LLC	Undisclosed Insurance agency	GA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/17	2017	Acrisure, LLC	Undisclosed Insurance agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/17	2017	Alera Group, Inc.	AIC Denver, LLC	CO	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Alera Group, Inc.	Group Benefits, LLC	TN	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/17	2017	Andrew Agency, Inc.	Wood Insurance Agency, Inc.	VA	Independent Agency/Broker	Retail	P&C
06/01/17	2017	AssuredPartners, Inc.	Alkali, LLC	TX	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/17	2017	BroadStreet Partners, Inc.	David Paulson Agency Inc.	MN	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/01/17	2017	CBIZ, Inc.	Slaton Insurance	FL	Public Broker	Retail	P&C
06/01/17	2017	Hub International Limited	Ponce de Leon Insurance Group, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/17	2017	John L. Wortham & Son, L.P.	Lucien Wright Insurance Services, Inc	TX	Independent Agency/Broker	Retail	Multi Line
06/01/17	2017	Private investors Mr. Charles Scrabis & Mr. Wes Timko	Hayward Brown, Inc.	FL	Other Buyer	Retail	Multi Line
05/31/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
05/31/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	NJ	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/31/17	2017	AssuredPartners, Inc.	Craft Insurance Center, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/31/17	2017	Hub International Limited	MarketScout/Workers Compensation Business	TX	Independent Agency/Broker- Private Capital Backed	MGA	P&C
05/30/17	2017	Arthur J. Gallagher & Co.	Williams-Manny Insurance Group	IL	Public Broker	Retail	Multi Line
05/30/17	2017	Arthur J. Gallagher & Co.	Zuber Insurance Agency, Inc.	TX	Public Broker	Retail	Multi Line
05/30/17	2017	AVID Risk Solutions, Inc.	ISC, Inc.	WI	Independent Agency/Broker	Retail	Multi Line
05/30/17	2017	Family Insurance Center	ISC, Inc.	WI	Independent Agency/Broker	Retail	Multi Line
05/30/17	2017	USI Holdings Corporation	Hartman Employee Benefits, Inc.	PA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/26/17	2017	Allison Commercial Insurance Agency Inc.	Assets of Health Benefit Advisors	CA	Independent Agency/Broker	Retail	P&C
05/26/17	2017	Management Group	IMG-Stop Loss	IN	Independent Agency/Broker	MGA	EB & Consulting
05/26/17	2017	Sirius International Insurance Group, Ltd.	International Medical Group, Inc.	IN	Independent Agency/Broker	Retail	Multi Line
05/25/17	2017	Glenn Insurance, Inc.	Borelli Agency, Inc.	NJ	Independent Agency/Broker	Retail	Multi Line
05/24/17	2017	AIMC, LLC	Integrity Marketing Group, LLC	TX	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
05/24/17	2017	Risk Strategies Company, LLC	Brightstone Insurance Services, LLC.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/15/17	2017	DOXA Insurance Holdings LLC	Promont Advisors, LLC	IL	Independent Agency/Broker- Private Capital Backed	MGA	P&C
05/15/17	2017	G2 Insurance Services, LLC	MacGillis & Company	WI	Independent Agency/Broker	Retail	Multi Line
05/15/17	2017	Lacher & Associates Insurance Agency, Inc.	D.P. Moyer Insurance, Inc.	PA	Independent Agency/Broker	Retail	P&C
05/12/17	2017	Acrisure, LLC	Britton-Gallagher & Associates, Inc.	OH	Independent Agency/Broker- Private Capital Backed	MGA	P&C
05/11/17	2017	Arthur J. Gallagher & Co.	Strong Financial Resources, Inc.	NE	Public Broker	Retail	Multi Line
05/11/17	2017	Higginbotham & Associates, Inc.	Portion of Hilb Group of Texas LLC's operations	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/09/17	2017	AssuredPartners, Inc.	Preferred Guardian Insurance	TX	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/08/17	2017	New Mountain Capital, LLC	OneDigital Health and Benefits	GA	Other Buyer	Retail	Multi Line
05/05/17	2017	Kaplansky Insurance Agency, Inc.	Brooklawn Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	P&C
05/04/17	2017	Acentria Insurance	L&S Insurance and Financial Services, Inc	FL	Independent Agency/Broker	Retail	P&C
05/03/17	2017	Arthur J. Gallagher & Co.	Texas Insurance Managers, Inc.	TX	Public Broker	Retail	Multi Line
05/03/17	2017	Hub International Limited	Scarborough Company Insurance, Inc.	FL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/03/17	2017	Insurance Services United Inc.	Lewis Casualty	PA	Independent Agency/Broker	Retail	P&C
05/02/17	2017	Alliant Insurance Services	Summit Insurance Resource Group	ID	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/02/17	2017	Cross Insurance	A. E. Barnes Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	Multi Line
05/02/17	2017	Hub International Limited	Rossmann-Hurt-Hoffman, Inc.	MD	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
05/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	PA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	PA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	PA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	PA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	Acrisure, LLC	Undisclosed insurance agency	PA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	Alera Group, Inc.	Striewig Bonding Agency, Inc.	PA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	AmTrust Financial Services, Inc.	PDP Group, Inc.	MD	Insurance Company	Retail	P&C
05/01/17	2017	AmWINS Group	Networked Insurance Agents,LLC	CA	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
05/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	Hub International Limited	City Ins Svcs/Silver City Ins/J&C Finl	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/01/17	2017	Marsh & McLennan Companies, Inc.	Insurance Partners of Texas	TX	Public Broker	Retail	EB & Consulting
05/01/17	2017	NFP Corp.	Bigbie, Hensley & Janway Insurance Agency, Incorporated	OK	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
05/01/17	2017	NFP Corp.	Brennan & Associates Risk Management & Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/17	2017	NFP Corp.	International Insurance Group, Inc.	AZ	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
05/01/17	2017	Validus Holdings, Ltd.	Managing General Agent of ADM Insurance Co.		Other Buyer	MGA	P&C
04/30/17	2017	Acrisure, LLC	Undisclosed Insurance agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/30/17	2017	Acrisure, LLC	Undisclosed Insurance Agency	MI	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/30/17	2017	Acrisure, LLC	Undisclosed Insurance agency	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/30/17	2017	Higginbotham & Associates, Inc.	Painter & Johnson Financial LP	TX	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/30/17	2017	World Insurance Associates, LLC	Wm. G. Palermo, Inc.	NJ	Independent Agency/Broker	Retail	Multi Line
04/26/17	2017	Arthur J. Gallagher & Co.	Commercial Insurance Brokers, LLC	OK	Public Broker	Retail	P&C
04/26/17	2017	Workers' Credit Union	Braley Wellington Insurance Group	MA	Independent Agency/Broker	Retail	Multi Line
04/24/17	2017	InsuranceHub Agency, LLC	CoverYou.com Group LLC.	GA	Independent Agency/Broker	Retail	Multi Line
04/19/17	2017	AmWINS Group	Partners Specialty Group LLC	PA	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
04/19/17	2017	Bryn Mawr Bank Corporation	Hirshorn Boothby	PA	Bank or Thrift	Retail	Multi Line
04/19/17	2017	Hausmann-Johnson Insurance, Inc.	Benefit Services Group, Inc	WI	Independent Agency/Broker	Retail	EB & Consulting
04/19/17	2017	M&M Insurance Associates, Inc.	Richey Health Benefits LLC	KS	Independent Agency/Broker	Retail	EB & Consulting
04/19/17	2017	Seeman Holtz Property and Casualty, Inc.	A & J Insurance Agency, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/18/17	2017	Platform Partners, LLC	Beneplace, LLC	TX	Other Buyer	Retail	EB & Consulting
04/18/17	2017	Risk Strategies Company, LLC	Friedman & Friedman Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/15/17	2017	Nancy Z. Bender Insurance Agency	H.R. Hatch Insurance Agency,Inc	MA	Independent Agency/Broker	Retail	P&C
04/13/17	2017	First Defiance Financial Corp.	Corporate One Benefits Agency, Inc.	OH	Bank or Thrift	Retail	EB & Consulting
04/10/17	2017	Risk Strategies Company, LLC	Mosse & Mosse Insurance Associates LLC	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/07/17	2017	NFP Corp.	Kempkey Insurance Services, Inc	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/06/17	2017	USI Holdings Corporation	Cameron M. Harris & Co. LLC	NC	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/05/17	2017	Alliant Insurance Services	SES Insurance Brokerage Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	MGA	P&C
04/04/17	2017	Truitt Insurance & Bonding, Inc.	Beacon Insurance Group, Inc.	AL	Independent Agency/Broker	Retail	P&C
04/03/17	2017	Hub International Limited	Heritage Corporate Benefits, LLC	GA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/03/17	2017	Maximum Independent Brokerage, Inc.	Starpoint General Agency, Inc.	PA	Independent Agency/Broker	Retail	P&C
04/03/17	2017	Sirius International Insurance Group, Ltd.	ArmadaCorp Capital, LLC	MD	Independent Agency/Broker	Retail	EB & Consulting
04/01/17	2017	Acrisure, LLC	Undisclosed Insurance Agency (MI)	MI	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/17	2017	BenefitMall	Strategic Business Services Agency, LLC	OH	Independent Agency/Broker	Retail	EB & Consulting
04/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/17	2017	BroadStreet Partners, Inc.	Certain Insurance Assets		Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/17	2017	Heffernan Insurance Brokers	National Truck Services Group	AZ	Independent Agency/Broker	Retail	P&C
04/01/17	2017	Hilb Group LLC	Group Benefits Division	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/01/17	2017	Hilb Group LLC	Keough Kirby Associates, Inc.	RI	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/01/17	2017	Linnett Group	Skylands Insurance Group	NJ	Independent Agency/Broker	Retail	P&C
04/01/17	2017	NFP Corp.	McCullough Insurance Agency, Inc.	AZ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/17	2017	Prime Risk Partners, Inc.	Gundermann & Gundermann, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/01/17	2017	World Insurance Associates, LLC	Mark Lauria Associates, Inc.	NY	Independent Agency/Broker	Retail	Multi Line
03/31/17	2017	Acrisure, LLC	Tidewater Insurance Associates Inc	MD	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/31/17	2017	Acrisure, LLC	Undisclosed Insurance Agency (CA)	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/31/17	2017	Acrisure, LLC	Undisclosed Insurance Agency (MI)	MI	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/31/17	2017	Acrisure, LLC	Undisclosed Insurance Agency (MO)	MO	Independent Agency/Broker- Private Capital Backed	Retail	P&C