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2024 Acquisition Details (YTD as of March 31, 2024)

Who’s Buying
Insurance Brokers – Independent	16
Insurance Brokers – Public	9
Insurance Brokers – Private Capital-Backed	85
Insurance Carrier and Other	3
Banks and Thrifts	1

What’s Being Bought
Full Service	29
P&C	65
Multi Line	20

Retail vs. Specialty
Retail	95
Specialty	19

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 3/31/2024.

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
12/01/11	2011	Bollinger, Inc.	ARS-Teare, LLC	NJ	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
12/01/11	2011	Insurance Partners Agency, Inc.	Hamilton Insurors, Inc.	OH	Independent Agency/Broker	Retail	P&C
12/01/11	2011	John M. Glover Agency	John T Ostheimer Agency, Inc.	NY	Independent Agency/Broker	Retail	P&C
12/01/11	2011	Risk Strategies Company, LLC	Global Insurance Network, Inc.	MA	Independent Agency/Broker	Retail	P&C
12/01/11	2011	Strickland Insurance Group, Inc.	Carolina Insurance Service, Inc.	NC	Insurance Company	Wholesale	P&C
11/30/11	2011	Confie Seguros Insurance Services	Auto Insurance Discounters, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/29/11	2011	KMRD Partners, Inc.	General InsurCorp, Inc.	PA	Independent Agency/Broker	Retail	P&C
11/29/11	2011	USI Holdings Corporation	Barros International, Ltd.	VA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/28/11	2011	AssuredPartners, Inc.	SKCG Group, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/16/11	2011	Marsh & McLennan Companies, Inc.	Seitlin & Company	FL	Public Broker	Retail	P&C
11/14/11	2011	Arthur J. Gallagher & Co.	Mutual Insurance Services Inc.	WA	Public Broker	Wholesale	P&C
11/11/11	2011	Medical Mutual of Ohio	Talus Brokerage Services, LLC	OH	Insurance Company	Wholesale	P&C
11/08/11	2011	Brown & Brown, Inc.	Shuler Kenner, Inc. & Snapper Shuler Kenner Insurance, L.L.C.	WA	Public Broker	Retail	P&C
11/07/11	2011	Brown & Brown, Inc.	Sitzmann Morris & Lavis, Inc.	CA	Public Broker	Retail	EB & Consulting
11/04/11	2011	Marsh & McLennan Companies, Inc.	Kaeding, Ernst & Company (EB division)		Public Broker	Retail	EB & Consulting
11/01/11	2011	Arthur J. Gallagher & Co.	Trissel Graham & Toole, Inc.	IA	Public Broker	Retail	P&C
11/01/11	2011	BB&T Corporation	F.B.P. Insurance Services, Inc.	CA	Bank or Thrift	Retail	EB & Consulting
11/01/11	2011	CBIZ, Inc.	PSA Holdings, Inc (defined benefit actuarial consulting practice)		Public Broker	Retail	EB & Consulting
11/01/11	2011	Marsh & McLennan Companies, Inc.	Gallagher & Associates, Inc.	MN	Public Broker	Retail	P&C
11/01/11	2011	Meadowbrook Insurance Group, Inc.	American Casualty Insurance Agency	MI	Insurance Company	Retail	Multi Line
11/01/11	2011	Meadowbrook Insurance Group, Inc.	Innovative Benefit Services, Inc.	MI	Insurance Company	Retail	EB & Consulting
11/01/11	2011	Meadowbrook Insurance Group, Inc.	Kleinschmidt Insurance Agency	MI	Insurance Company	Retail	Multi Line
10/31/11	2011	Bristol County Savings Bank (MHC)	Richardson-Cuddy Insurance Agency, Inc.	MA	Bank or Thrift	Retail	P&C
10/31/11	2011	Clark Insurance, Inc.	Kelly Insurance Agency, Inc.	NH	Independent Agency/Broker	Retail	P&C
10/31/11	2011	Distinguished Programs Holdings LLC	Allied Insurance Brokers, Inc. (Colonial Group)	NY	Insurance Company	Wholesale	P&C
10/31/11	2011	PSA Holdings, Inc	Edgewood Partners Insurance Center - Baltimore office	MD	Independent Agency/Broker	Retail	P&C
10/21/11	2011	IMA Financial Group, Inc.	Cassell Insurance, LLC	KS	Independent Agency/Broker	Retail	P&C
10/21/11	2011	ISU Insurance Services of San Francisco, Inc.	Meeks Insurance, Inc.	IN	Independent Agency/Broker	Retail	P&C
10/18/11	2011	Ranew Insurance Agency, Inc.	Ranzino Insurance Agency	FL	Independent Agency/Broker	Retail	P&C
10/17/11	2011	IAS Claim Services, LLC.	Jim Buckley & Associates, Inc.	CA	Independent Agency/Broker	Retail	P&C
10/14/11	2011	Hub International Limited	Ross Benefits Group, Ltd. (assets)	NY	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/11/11	2011	Bell-Anderson Agency, Inc.	Unico Insurance	WA	Independent Agency/Broker	Retail	P&C
10/11/11	2011	Concordis Group, Inc.	Advance Underwriting Managers, LLC	OH	Other Buyer	Wholesale	P&C
10/11/11	2011	New Hampshire Thrift Bancshares, Inc.	McCrillis & Eldredge Insurance, Inc.	NH	Bank or Thrift	Retail	P&C
10/07/11	2011	Ascension Insurance, Inc.	Fred Lewis Agency	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/06/11	2011	Arthur J. Gallagher & Co.	S. A. Freerks & Associates, Inc.	MO	Public Broker	Wholesale	P&C
10/04/11	2011	Atlantic Specialty Lines, Inc.	Financial Guarantee Underwriters, Inc./American Tri-State Underwriters, Inc.		Independent Agency/Broker	Wholesale	P&C
10/03/11	2011	Hub International Limited	House of Insurance, Inc.	MO	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/03/11	2011	Summit Partners, L.P.	Pacific Benefits Group Northwest, LLC	OR	Other Buyer	Retail	EB & Consulting
10/03/11	2011	TowneBank	Stanton Taylor Agency, Inc.	NC	Bank or Thrift	Retail	P&C
09/30/11	2011	Alan J. Kaufman Revocable Living Trust	Kimbrell Insurance Group, Inc.	SC	Independent Agency/Broker	Wholesale	P&C
09/30/11	2011	Confie Seguros Insurance Services	Florida operations of TrustWay Insurance Agencies, LLC	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/27/11	2011	Alexander & Strunk Inc.	Richard A. Beale, Inc.	OK	Independent Agency/Broker	Retail	P&C
09/27/11	2011	BB&T Corporation	Atlantic Risk Management Corp.	MD	Bank or Thrift	Retail	Multi Line
09/27/11	2011	Holmes Murphy & Associates	Bridge Insurance Partners, LLC	TX	Independent Agency/Broker	Retail	P&C
09/23/11	2011	USI Holdings Corporation	de la Parte & Associates, Inc.	FL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/22/11	2011	BB&T Corporation	Liberty Benefit Insurance Services, Inc.	CA	Bank or Thrift	Retail	EB & Consulting
09/22/11	2011	McLarens Young International, Inc.	Washington Oregon Claim Service, Inc	WA	Independent Agency/Broker	Retail	P&C
09/21/11	2011	U.S. Risk Insurance Group, Inc.	American Special Risk Insurance Services	CA	Independent Agency/Broker	Wholesale	P&C
09/20/11	2011	AssuredPartners, Inc.	Neace Lukens Inc.	KY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/19/11	2011	USI Holdings Corporation	First Place Insurance Agency Ltd.	OH	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/15/11	2011	AmTrust Financial Services, Inc.	CardinalComp LLC	NY	Insurance Company	Retail	P&C
09/15/11	2011	Argo Group International Holdings, Ltd.	S.N. Potter Insurance Agency	CA	Insurance Company	Wholesale	P&C
09/07/11	2011	NSM Insurance Group, Inc.	Administrators for the Professions of Delaware, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
09/06/11	2011	Hub International Limited	Mountain West Insurance, LLC	MT	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/06/11	2011	Hub International Limited	William Palumbo Insurance Agency, Inc.	MA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/01/11	2011	Arthur J. Gallagher & Co.	BeneTex Group, Inc.	TX	Public Broker	Retail	EB & Consulting
09/01/11	2011	BHMS Investments	Venture Specialty Insurance, LLC.	VA	Other Buyer	Retail	P&C
09/01/11	2011	Brown & Brown, Inc.	Public Employee Benefits Solutions, LLC	MI	Public Broker	Retail	EB & Consulting
09/01/11	2011	DeMasters Insurance LLC	Plaza Insurance Agency	MO	Independent Agency/Broker	Wholesale	P&C
09/01/11	2011	Digital Insurance, Inc.	TriSure Corporation	NC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/01/11	2011	MOC Insurance Services, Inc.	San Francisco Insurance Center, Inc.	CA	Independent Agency/Broker	Retail	P&C
09/01/11	2011	NFP Corp.	DA Financial Group	CA	Public Broker	Retail	P&C
09/01/11	2011	Stahl & Associates Insurance, Inc.	Herndon & Associates Insurance, LLC	FL	Independent Agency/Broker	Retail	P&C
09/01/11	2011	Wells Fargo & Company	Procomp Benefit Resources, Inc.	NJ	Bank or Thrift	Retail	EB & Consulting
08/31/11	2011	Private Investor - Bradley Scott	Spence & Mathews Insurance Agency	ME	Other Buyer	Retail	P&C
08/31/11	2011	Saginaw Bay Underwriters	Landmark Insurance Agency, Inc.	MI	Independent Agency/Broker	Retail	P&C
08/31/11	2011	Varney Agency, Inc.	Northeast Bank Insurance Group Inc.	ME	Independent Agency/Broker	Retail	P&C
08/31/11	2011	Wells Fargo & Company	ISU Stetson-Beemer Insurance	NV	Bank or Thrift	Retail	P&C
08/22/11	2011	Rockbridge Growth Equity, LLC	MyInsuranceExpert.com (investor group)	MI	Other Buyer	Retail	EB & Consulting
08/15/11	2011	Diane M. Hendricks Enterprises, Inc.	Insurance Division of F. C. Pilgrim & Co.		Other Buyer	Retail	P&C
08/14/11	2011	First Gilmer Bankshares, Inc.	All Star Insurance Agency	TX	Bank or Thrift	Retail	P&C
08/12/11	2011	Harris Madden & Powell, Inc.	Brown & Associates Inc.	TN	Independent Agency/Broker	Retail	P&C
08/10/11	2011	Norton Insurance and Financial Services	C. Baker & Associates	ME	Independent Agency/Broker	Retail	EB & Consulting
08/04/11	2011	Brown & Brown, Inc.	Thompson, Spears & Associates, Ltd.	WA	Public Broker	Wholesale	EB & Consulting
08/03/11	2011	Confie Seguros Insurance Services	Family Insurance Center	NV	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/11	2011	Arthur J. Gallagher & Co.	Group Benefits of Arkansas, LLC	AR	Public Broker	Retail	EB & Consulting
08/01/11	2011	Arthur J. Gallagher & Co.	Robinson-Adams Insurance, Inc.	AL	Public Broker	Retail	P&C
08/01/11	2011	Bankers Insurance, LLC	Gateway Insurance Services, Inc.	NC	Independent Agency/Broker	Retail	P&C
08/01/11	2011	CBIZ, Inc.	Multiple Benefit Services, Inc.	GA	Public Broker	Retail	EB & Consulting
08/01/11	2011	Community Bank System, Inc.	Blundon Burgess Insurance Agency Inc.	NY	Bank or Thrift	Retail	P&C
08/01/11	2011	Lowcountry Insurance Services, Inc.	Undisclosed Seller (book of business)		Independent Agency/Broker
08/01/11	2011	Scanlon, Guerra, Burke Insurance Brokers, Inc	Northridge Insurance Agency, LLC	CA	Independent Agency/Broker	Retail	Multi Line
07/31/11	2011	James J Dowd & Sons, Inc.	Moskal Insurance, Inc.	MA	Independent Agency/Broker	Retail	P&C
07/31/11	2011	Undisclosed buyer	AssuranceAmerica Corporation (Alabama insurance agencies)	AL	Other Buyer	Retail	P&C
07/26/11	2011	Celedinas Insurance Group	Palm Beach Insurance Group, Inc	FL	Independent Agency/Broker	Retail	P&C
07/22/11	2011	Jefferson Bancshares, Inc.	Sanger & Altgelt	TX	Bank or Thrift	Retail	P&C
07/20/11	2011	USI Holdings Corporation	Plumhoff & Associates, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/19/11	2011	Arrow Financial Corporation	McPhillips Insurance	NY	Bank or Thrift	Retail	P&C
07/18/11	2011	Hub International Limited	Strategic Employee Benefit Services of Louisiana, LLC	LA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/15/11	2011	Undisclosed buyer	First Community Bancshares, Inc. (GreenPoint agency offices)	NC	Other Buyer	Retail	Multi Line
07/14/11	2011	Ascension Insurance, Inc.	Providence Insurance Agency , Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/14/11	2011	Confie Seguros Insurance Services	Beaverton-Tigard Insurance	OR	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/13/11	2011	Dawson Companies	Tabb, Brockenbrough & Ragland, LLC	VA	Independent Agency/Broker	Retail	P&C
07/11/11	2011	Direct-Link Holding Group, LLC	Coachella Valley Insurance Services, Inc.	CA	Independent Agency/Broker	Retail	P&C
07/11/11	2011	Hub International Limited	Workplace Benefit Solutions, LLC	NH	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/07/11	2011	Cross Insurance	Thomas Gregory Associates Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	P&C
07/05/11	2011	Hub International Limited	Roeder & Moon, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/05/11	2011	Mountcastle Insurance	McMahan Insurance and Employee Benefits, LLC	NC	Independent Agency/Broker	Retail	EB & Consulting
07/02/11	2011	Undisclosed buyer	Trustway T.E.A.M., Inc./ Trustway T.E.A.M., Services, LLC	GA	Other Buyer	Retail	P&C
07/01/11	2011	Arthur J. Gallagher & Co.	Potter-Holden & Company	GA	Public Broker	Retail	P&C
07/01/11	2011	First Defiance Financial Corp.	Payak-Dubbs Insurance Agency, Inc	OH	Bank or Thrift	Retail	P&C
07/01/11	2011	Holmes Murphy & Associates	Northwestern Benefits, Inc. (large market accounts)		Independent Agency/Broker	Retail	EB & Consulting
07/01/11	2011	Hub International Limited	Roy Agency, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/01/11	2011	Marsh & McLennan Companies, Inc.	Prescott Pailet Benefits L.P.	TX	Public Broker	Retail	EB & Consulting
07/01/11	2011	NFP Corp.	Lapre Scali & Company Insurance Services, LLC	AZ	Public Broker	Retail	P&C
07/01/11	2011	Wells Fargo & Company	EDIFY, LLC	FL	Bank or Thrift	Retail	EB & Consulting
06/30/11	2011	Auto Town Insurance Agency, LLC	AssuranceAmerica Corporation (Georgia insurance agencies)	GA	Independent Agency/Broker	Wholesale	P&C
06/30/11	2011	City Holding Company	Millcreek Insurance Agency Inc.	WV	Bank or Thrift	Retail	P&C
06/30/11	2011	Undisclosed buyer	Aon Corporation (Risk Solutions subsidiary)		Other Buyer	Retail	Multi Line
06/23/11	2011	Hy-Vee, Inc.	L&K Insurance Center	IA	Bank or Thrift	Retail	P&C
06/21/11	2011	Assurant, Inc.	Converge Services Group, LLC	NJ	Insurance Company	Retail	P&C
06/16/11	2011	United Bank Corporation	McIntosh Financial Services, Inc.	GA	Bank or Thrift	Retail	EB & Consulting
06/14/11	2011	Day, Scarafile & Read Inc.	Roth Brothers Insurance	NY	Independent Agency/Broker	Retail	P&C
06/08/11	2011	BHMS Investments	Hilb Group LLC	VA	Other Buyer	Retail	P&C
06/08/11	2011	Undisclosed buyer	Anthony Clark International Insurance Brokers Ltd. (Southern California agency assets)		Other Buyer	Retail	P&C
06/07/11	2011	Digital Insurance, Inc.	Employee Benefits by Design	IL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/11	2011	Arthur J. Gallagher & Co.	Bushong Insurance Associates, Inc.	FL	Public Broker	Retail	P&C
06/01/11	2011	Arthur J. Gallagher & Co.	Mortgage Insurance Agency, Ltd.	IL	Public Broker	Retail	P&C
06/01/11	2011	Bollinger, Inc.	CFM Benefits, Inc.	NJ	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/01/11	2011	Brown & Brown, Inc.	Corporate Benefit Consultants, LLC	CT	Public Broker	Retail	EB & Consulting
06/01/11	2011	Tompkins Financial Corporation	Olver & Associates, Inc.	NY	Bank or Thrift	Retail	P&C
05/31/11	2011	Bollinger, Inc.	Schirick & Associates Insurance Brokers, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/26/11	2011	Hub International Limited	First Southeast Insurance Services, Inc.	SC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/25/11	2011	PBS Insurance Underwriting Corporation	Todd R. Soll Insurance Services, Inc.	CA	Independent Agency/Broker	Wholesale	P&C
05/23/11	2011	Confie Seguros Insurance Services	Royale Insurance & First Americano Insurance Agency	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/18/11	2011	Integro, Ltd.	Argo Insurance Brokers, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/17/11	2011	ACUITY, A Mutual Insurance Company	Hughes Insurance Agency Inc.	WI	Insurance Company	Retail	P&C
05/17/11	2011	Arrowhead General Insurance Agency Inc.	Trafalgar Marine Insurance Services, Inc.	CA	Independent Agency/Broker	Wholesale	P&C
05/16/11	2011	Baldwin Resource Group, Inc.	Partners Group LTD	OR	Independent Agency/Broker	Retail	P&C
05/16/11	2011	Hub International Limited	Intercare Insurance Solutions (book of business)		Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
05/16/11	2011	Hub International Limited	Transportation Group, Ltd.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/13/11	2011	JCF Holdings Inc.	Self-Funded Alternatives, LLC	PA	Other Buyer	Wholesale	P&C
05/12/11	2011	Management group	Sunflower Insurance Group Inc.	KS	Independent Agency/Broker	Retail	P&C
05/10/11	2011	Pan-American Life Mutual Holding Company	GreenWood International Insurance Services, Inc.	MA	Insurance Company	Wholesale	EB & Consulting
05/09/11	2011	Hub International Limited	Mark Tauber Insurance Brokerage, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/09/11	2011	NBT Bancorp Inc.	Latremore's Insurance Agency	NY	Bank or Thrift	Retail	P&C
05/06/11	2011	Brown & Brown, Inc.	Global Intermediaries of Eugene, LLC	OR	Public Broker	Wholesale	P&C
05/06/11	2011	Hub International Limited	Lawson-Hawks Insurance Associates, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/11	2011	Arthur J. Gallagher & Co.	Fish & Schulkamp, Inc.	WI	Public Broker	Retail	P&C
05/01/11	2011	Arthur J. Gallagher & Co.	Meyers-Reynolds & Associates, Inc.	OK	Public Broker	Retail	P&C
05/01/11	2011	Bollinger, Inc.	Property & Casualty Group, Inc.	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/11	2011	Brown & Brown, Inc.	Fitzharris Insurance	NY	Public Broker	Retail	P&C
05/01/11	2011	Cullen/Frost Bankers, Inc.	Clark Benefit Group, Inc.	TX	Bank or Thrift	Retail	EB & Consulting
05/01/11	2011	Hegland Agency, Inc.	Eagle Country Insurance	MN	Independent Agency/Broker	Retail	P&C
05/01/11	2011	Management group	Wine Sergi & Co. LLC (retail operation)		Independent Agency/Broker	Retail	Multi Line
04/30/11	2011	Ameriana Bancorp	Undisclosed Seller (book of business)	IN	Bank or Thrift
04/29/11	2011	ESSA Bancorp, Inc.	Benefit consulting insurance businesses	PA	Bank or Thrift	Retail	EB & Consulting
04/25/11	2011	Berkshire Hathaway Inc.	Consolidated Health Plans, Inc.	MA	Insurance Company	Retail	EB & Consulting
04/20/11	2011	Digital Insurance, Inc.	Dominion Benefits, LLC	VA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/18/11	2011	Minnesota Life Insurance Company	Alamo Financial Insurance Services, Inc.	CA	Insurance Company	Retail	Multi Line
04/11/11	2011	INSURICA Insurance Management Network	Guaranty Insurance Services, Inc.	TX	Independent Agency/Broker	Retail	P&C
04/08/11	2011	First Niagara Financial Group, Inc.	Pierson & Smith, Inc.	CT	Bank or Thrift	Retail	P&C
04/06/11	2011	Appalachian Underwriters Inc.	Reliance Administrators, Inc.	SC	Independent Agency/Broker	Wholesale	P&C
04/01/11	2011	Arthur J. Gallagher & Co.	Blue Water Benefits, Inc.	SC	Public Broker	Retail	EB & Consulting
04/01/11	2011	Brown & Brown, Inc.	Compass Consulting Group, LLC (books of business)		Public Broker	Retail	EB & Consulting
04/01/11	2011	Diane M. Hendricks Enterprises, Inc.	American Worker Plans Inc.	IL	Other Buyer	Retail	EB & Consulting
04/01/11	2011	Digital Insurance, Inc.	Strategic Benefits Consultants, LLC	AZ	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/01/11	2011	Higginbotham & Associates, Inc.	William Gammon Benefits Insurance	TX	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/01/11	2011	Higginbotham & Associates, Inc.	William Gammon Insurance Agency Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/11	2011	Higginbotham & Associates, Inc.	William Gammon People Advisors, Ltd	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/11	2011	Hub International Limited	Hale Insurance Brokerage, LLC	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/11	2011	NSI Insurance Group	Royal Marine Insurance Group	FL	Independent Agency/Broker	Retail	P&C
03/31/11	2011	Ascension Insurance, Inc.	Walter L. Clark & Associates, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/31/11	2011	Brown & Brown, Inc.	First Horizon Insurance, Inc.	TN	Public Broker	Retail	P&C
03/31/11	2011	Confie Seguros Insurance Services	NII Brokerage, LLC	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/31/11	2011	Everett Cash Mutual Insurance Company	D.L. Dravis and Associates, Inc.	PA	Insurance Company	Retail	P&C
03/31/11	2011	Halstead Insurance Agency, Inc.	M.J. Flanagan Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	Multi Line
03/29/11	2011	Hub International Limited	Western States Insurance Group Inc. (Western States Las Cruces)	NM	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/23/11	2011	Rixey-Berry Insurance Group, Inc.	Dakin Insurance Agency, Inc.	OH	Independent Agency/Broker	Retail	P&C
03/22/11	2011	Bowen, Miclette & Britt, Inc.	Huckleberry, Sibley & Harvey Insurance & Bonds, Inc.	FL	Independent Agency/Broker	Retail	P&C
03/22/11	2011	Cross Insurance	Mazonson LLC	MA	Independent Agency/Broker	Retail	Multi Line
03/15/11	2011	Integro, Ltd.	Windward International, Inc.	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
03/15/11	2011	Misner Agency, Inc.	H.J. Hockenbery Agency	NY	Independent Agency/Broker	Retail	P&C
03/10/11	2011	Brown & Brown, Inc.	Robert Ellis and Associates, Inc.	LA	Public Broker	Retail	P&C
03/10/11	2011	Oneida Financial Corp.	David Holmes Agency, Inc.	TX	Bank or Thrift	Retail	P&C
03/09/11	2011	Riggs, Counselman, Michaels & Downes, Incorporated	Marsh & McLennan Companies, Inc. (Trion Commercial P&C Insurance Division)		Independent Agency/Broker	Retail	P&C
03/07/11	2011	Direct-Link Holding Group, LLC	Mother Lode Insurance Services, LLC	CA	Independent Agency/Broker	Retail	P&C
03/04/11	2011	Arthur J. Gallagher & Co.	Risk Planners, Inc.	MN	Public Broker	Retail	P&C
03/02/11	2011	Intercare Specialty Risk Insurance Services, Inc.	PRM Insurance Services, Inc.	CA	Independent Agency/Broker	Wholesale	P&C
03/02/11	2011	Woodruff-Sawyer & Co.	Jennings Insurance Agency, Inc.	OR	Independent Agency/Broker	Retail	P&C
03/01/11	2011	All Risks, Ltd.	Champion Special Risk Brokers, LLC	FL	Independent Agency/Broker	Wholesale	P&C
03/01/11	2011	Kuespert Insurance Agency, Inc.	Panhandle Insurance Agency	NE	Independent Agency/Broker	Retail	EB & Consulting
03/01/11	2011	Robert E. Miller Insurance Agency, Inc.	Midwest Employee Benefits Inc	KS	Independent Agency/Broker	Retail	EB & Consulting
02/28/11	2011	Neace Lukens	Ohio Benefit Group, LLC	OH	Independent Agency/Broker	Retail	EB & Consulting
02/25/11	2011	Kinderhook Bank Corporation	Worksite Benefits, Inc.	NY	Bank or Thrift	Retail	EB & Consulting
02/25/11	2011	Selman & Company	PICA Group Services, Inc.	TN	Independent Agency/Broker	Retail	EB & Consulting
02/18/11	2011	Morrill Group	Goldman Ernest & Liner Ins Agency Inc	MA	Independent Agency/Broker	Retail	P&C
02/16/11	2011	Baldwin Risk Partners	Insurance and Risk Management Services, Inc. (EB division)		Independent Agency/Broker	Retail	EB & Consulting
02/16/11	2011	LBW Insurance & Financial Services, Inc.	Fortman Insurance Agents & Brokers	CA	Independent Agency/Broker	Retail	P&C
02/16/11	2011	Marsh & McLennan Companies, Inc.	Kinloch Boston Operations	MA	Public Broker	Retail	EB & Consulting
02/15/11	2011	Digital Insurance, Inc.	Benefit Group of New England, LLC	VT	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
02/15/11	2011	Skyward Specialty Insurance Group Inc.	Casualty & Surety, Inc.	AL	Insurance Company	Wholesale	P&C
02/11/11	2011	Buckner Company, Inc.	Dana Benefits	UT	Independent Agency/Broker	Retail	EB & Consulting
02/11/11	2011	USI Holdings Corporation	Amerisc Corporation / Atlynx Surety Brokers LLC	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
02/10/11	2011	AmWINS Group	American Southwest Insurance Managers, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
02/10/11	2011	AmWINS Group	Excel General Agency, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
02/10/11	2011	Ryan Specialty Group, LLC	Concord Specialty Risk, Inc.	NY	Independent Agency/Broker	Wholesale	P&C
02/08/11	2011	Marshall & Sterling Insurance, Inc.	First Insurance Agency, Inc.	VI	Independent Agency/Broker	Retail	P&C
02/07/11	2011	Abram Interstate Insurance Services, Inc.	Align Financial Group (book of business)		Independent Agency/Broker	Wholesale	P&C