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
11/24/14	2014	EPIC (Edgewood Partners Insurance Center)	Greyling Insurance Brokerage and Risk Consulting, Inc.	GA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/24/14	2014	EPIC (Edgewood Partners Insurance Center)	Greyling Insurance Brokerage and Risk Consulting, Inc.	GA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/21/14	2014	North Risk Partners LLC	Thune Insurance Network Inc.	MN	Independent Agency/Broker	Retail	Multi Line
11/21/14	2014	North Risk Partners LLC	Thune Insurance Network Inc.	MN	Independent Agency/Broker	Retail	Multi Line
11/19/14	2014	Arthur J. Gallagher & Co.	Miller-Harrison Insurance Services	IA	Public Broker	Retail	P&C
11/19/14	2014	Arthur J. Gallagher & Co.	Miller-Harrison Insurance Services	IA	Public Broker	Retail	P&C
11/18/14	2014	FBinsure, LLC	Gramlich Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	Multi Line
11/18/14	2014	FBinsure, LLC	Gramlich Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	Multi Line
11/13/14	2014	Independent Insurance Agents of Texas	LevelFirst, LLC	TX	Other Buyer	Wholesale	P&C
11/13/14	2014	Independent Insurance Agents of Texas	LevelFirst, LLC	TX	Other Buyer	Wholesale	P&C
11/12/14	2014	C&R Insurance Services, Inc.	Garden State Professional Insurance Agency / FLAG Insurance Services	NJ	Independent Agency/Broker	Retail	P&C
11/12/14	2014	C&R Insurance Services, Inc.	Garden State Professional Insurance Agency / FLAG Insurance Services	NJ	Independent Agency/Broker	Retail	P&C
11/11/14	2014	Arthur J. Gallagher & Co.	Forker Company	IL	Public Broker	Retail	P&C
11/11/14	2014	Arthur J. Gallagher & Co.	Forker Company	IL	Public Broker	Retail	P&C
11/10/14	2014	Arthur J. Gallagher & Co.	SGB-NIA Insurance Brokers	CA	Public Broker	Retail	Multi Line
11/10/14	2014	Arthur J. Gallagher & Co.	SGB-NIA Insurance Brokers	CA	Public Broker	Retail	Multi Line
11/10/14	2014	Integro, Ltd.	Dominium Benefits, LLC	GA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/10/14	2014	Integro, Ltd.	Dominium Benefits, LLC	GA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/07/14	2014	Marsh & McLennan Companies, Inc.	NuWest Insurance Services, Inc.	CA	Public Broker	Retail	P&C
11/07/14	2014	Marsh & McLennan Companies, Inc.	NuWest Insurance Services, Inc.	CA	Public Broker	Retail	P&C
11/06/14	2014	Arthur J. Gallagher & Co.	Discovery Benefit Solutions, Inc.	CA	Public Broker	Retail	EB & Consulting
11/06/14	2014	Arthur J. Gallagher & Co.	Discovery Benefit Solutions, Inc.	CA	Public Broker	Retail	EB & Consulting
11/06/14	2014	NFP Corp.	EBS Foran Insurance and Advisory Services, Inc.	MA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/06/14	2014	NFP Corp.	EBS Foran Insurance and Advisory Services, Inc.	MA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/05/14	2014	EPIC (Edgewood Partners Insurance Center)	Lesron Insurance Agency, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/05/14	2014	EPIC (Edgewood Partners Insurance Center)	Lesron Insurance Agency, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/05/14	2014	Frenkel & Company Inc.	Moyer Group Inc.	NY	Independent Agency/Broker	Retail	EB & Consulting
11/05/14	2014	Frenkel & Company Inc.	Moyer Group Inc.	NY	Independent Agency/Broker	Retail	EB & Consulting
11/05/14	2014	Hub International Limited	Fotek Insurance Agency, Incorporated	NJ	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/05/14	2014	Hub International Limited	Fotek Insurance Agency, Incorporated	NJ	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/05/14	2014	Paradigm Insurance Group, LLC	Davis American, Limited	IL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
11/05/14	2014	Paradigm Insurance Group, LLC	Davis American, Limited	IL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
11/04/14	2014	AssuredPartners, Inc.	Premiere Coastal Insurance Group	GA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/04/14	2014	AssuredPartners, Inc.	Premiere Coastal Insurance Group	GA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/04/14	2014	NFP Corp.	Benefit Services Group, Inc.	CO	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/04/14	2014	NFP Corp.	Benefit Services Group, Inc.	CO	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/04/14	2014	Ryan Specialty Group, LLC	Tennessee Underwriters, Inc.	TN	Independent Agency/Broker	Wholesale	P&C
11/04/14	2014	Ryan Specialty Group, LLC	Tennessee Underwriters, Inc.	TN	Independent Agency/Broker	Wholesale	P&C
11/04/14	2014	UNICO Group, Inc.	Midlands Financial Benefits, Inc.	NE	Independent Agency/Broker	Retail	EB & Consulting
11/04/14	2014	UNICO Group, Inc.	Midlands Financial Benefits, Inc.	NE	Independent Agency/Broker	Retail	EB & Consulting
11/03/14	2014	Confie Seguros Insurance Services	Action Auto Insurance Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/03/14	2014	Confie Seguros Insurance Services	Action Auto Insurance Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/03/14	2014	Confie Seguros Insurance Services	Fast Quote Insurance Services Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/03/14	2014	Confie Seguros Insurance Services	Fast Quote Insurance Services Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/03/14	2014	Confie Seguros Insurance Services	Insurance Market Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/03/14	2014	Confie Seguros Insurance Services	Insurance Market Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/03/14	2014	USI Holdings Corporation	Seven retail insurance brokerage locations from Willis Group Holdings		Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
11/03/14	2014	USI Holdings Corporation	Seven retail insurance brokerage locations from Willis Group Holdings		Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
11/01/14	2014	CBIZ, Inc.	Weekes & Callaway, Inc.	FL	Public Broker	Retail	Multi Line
11/01/14	2014	CBIZ, Inc.	Weekes & Callaway, Inc.	FL	Public Broker	Retail	Multi Line
11/01/14	2014	Hilb Group LLC	Lake Norman Benefits, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/01/14	2014	Hilb Group LLC	Lake Norman Benefits, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/01/14	2014	NFP Corp.	Michelsen Benefits Group, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
11/01/14	2014	NFP Corp.	Michelsen Benefits Group, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/31/14	2014	Arthur J. Gallagher & Co.	Insurance Associates, Inc.	CO	Public Broker	Retail	P&C
10/31/14	2014	Arthur J. Gallagher & Co.	Insurance Associates, Inc.	CO	Public Broker	Retail	P&C
10/31/14	2014	Risk Strategies Company, LLC	Greystone Benefit Services	MA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/31/14	2014	Risk Strategies Company, LLC	Greystone Benefit Services	MA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/28/14	2014	Hub International Limited	Laurus Strategies	IL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/28/14	2014	Hub International Limited	Laurus Strategies	IL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/23/14	2014	AssuredPartners, Inc.	Turner & Hamrick, LLC	AL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/23/14	2014	AssuredPartners, Inc.	Turner & Hamrick, LLC	AL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/21/14	2014	Risk Strategies Company, LLC	Benefit Development Group	MA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/21/14	2014	Risk Strategies Company, LLC	Benefit Development Group	MA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/15/14	2014	AssuredPartners, Inc.	Casualty Assurance of Chaska, LLC	MN	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/15/14	2014	AssuredPartners, Inc.	Casualty Assurance of Chaska, LLC	MN	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/14/14	2014	Horton Group	Boyle, Flagg & Seaman, Inc.	IL	Independent Agency/Broker	Retail	P&C
10/14/14	2014	Horton Group	Boyle, Flagg & Seaman, Inc.	IL	Independent Agency/Broker	Retail	P&C
10/13/14	2014	Arthur J. Gallagher & Co.	Bennett & Shade Company	IL	Public Broker	Retail	Multi Line
10/13/14	2014	Arthur J. Gallagher & Co.	Bennett & Shade Company	IL	Public Broker	Retail	Multi Line
10/13/14	2014	AssuredPartners, Inc.	Hukill Hazlett Harrington Agency, Inc.	OH	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/13/14	2014	AssuredPartners, Inc.	Hukill Hazlett Harrington Agency, Inc.	OH	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/13/14	2014	CheckPoint HR, Inc.	Quantum Benefits, Inc.	CT	Other Buyer	Retail	EB & Consulting
10/13/14	2014	CheckPoint HR, Inc.	Quantum Benefits, Inc.	CT	Other Buyer	Retail	EB & Consulting
10/09/14	2014	Aquiline Holdings LLC	Worley Catastrophe Response, LLC	LA	Other Buyer	Retail	P&C
10/09/14	2014	Aquiline Holdings LLC	Worley Catastrophe Response, LLC	LA	Other Buyer	Retail	P&C
10/08/14	2014	Confie Seguros Insurance Services	Carallo Insurance Group, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/08/14	2014	Confie Seguros Insurance Services	Carallo Insurance Group, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/08/14	2014	Confie Seguros Insurance Services	Retail division of PayneWest Insurance	WA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/08/14	2014	Confie Seguros Insurance Services	Retail division of PayneWest Insurance	WA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/08/14	2014	Fairfax Financial Holdings Limited	International Specialty, Inc.	NJ	Insurance Company	Wholesale	P&C
10/08/14	2014	Fairfax Financial Holdings Limited	International Specialty, Inc.	NJ	Insurance Company	Wholesale	P&C
10/08/14	2014	Risk Strategies Company, LLC	Crow Friedman Group	TN	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/08/14	2014	Risk Strategies Company, LLC	Crow Friedman Group	TN	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/03/14	2014	Jardine Lloyd Thompson Group Plc	Specialty Energy Business from Alliant Insurance Services		Independent Agency/Broker	Retail	P&C
10/03/14	2014	Jardine Lloyd Thompson Group Plc	Specialty Energy Business from Alliant Insurance Services		Independent Agency/Broker	Retail	P&C
10/02/14	2014	Confie Seguros Insurance Services	AA Insurance Services	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/02/14	2014	Confie Seguros Insurance Services	AA Insurance Services	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/02/14	2014	Confie Seguros Insurance Services	Parietti & McGuire Insurance	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/02/14	2014	Confie Seguros Insurance Services	Parietti & McGuire Insurance	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/02/14	2014	Hub International Limited	Marrs Maddocks & Associates Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/02/14	2014	Hub International Limited	Marrs Maddocks & Associates Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/02/14	2014	NSM Insurance Group, Inc.	Specialty Aviation Underwriters, LLC	TX	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
10/02/14	2014	NSM Insurance Group, Inc.	Specialty Aviation Underwriters, LLC	TX	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
10/01/14	2014	Confie Seguros Insurance Services	Insurance Now LLC	WA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/01/14	2014	Confie Seguros Insurance Services	Insurance Now LLC	WA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/01/14	2014	First Commonwealth Financial Corporation	Thompson/McLay Insurance Associates	PA	Bank or Thrift	Retail	P&C
10/01/14	2014	First Commonwealth Financial Corporation	Thompson/McLay Insurance Associates	PA	Bank or Thrift	Retail	P&C
10/01/14	2014	Gryphon Investors	Orchid Underwriters Agency, Inc.	FL	Other Buyer	Wholesale	P&C
10/01/14	2014	Gryphon Investors	Orchid Underwriters Agency, Inc.	FL	Other Buyer	Wholesale	P&C
10/01/14	2014	Heffernan Insurance Brokers	Pilot Benefits Group, LLC	NY	Independent Agency/Broker	Retail	EB & Consulting
10/01/14	2014	Heffernan Insurance Brokers	Pilot Benefits Group, LLC	NY	Independent Agency/Broker	Retail	EB & Consulting
10/01/14	2014	Hub International Limited	FieldEddy	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/01/14	2014	Hub International Limited	FieldEddy	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/01/14	2014	Hub International Limited	Kuykendall Gardner LLC	FL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/01/14	2014	Hub International Limited	Kuykendall Gardner LLC	FL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
10/01/14	2014	Lawley Insurance	S. Turtletaub & Sons, Inc.	NJ	Independent Agency/Broker	Retail	P&C
10/01/14	2014	Lawley Insurance	S. Turtletaub & Sons, Inc.	NJ	Independent Agency/Broker	Retail	P&C
10/01/14	2014	Tompkins Financial Corporation	Employee benefits book of business from Aigen Financial Group, LLC	NY	Bank or Thrift	Retail	EB & Consulting
10/01/14	2014	Tompkins Financial Corporation	Employee benefits book of business from Aigen Financial Group, LLC	NY	Bank or Thrift	Retail	EB & Consulting
10/01/14	2014	USI Holdings Corporation	Wallace Insurance Group, Inc.	AK	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
10/01/14	2014	USI Holdings Corporation	Wallace Insurance Group, Inc.	AK	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/30/14	2014	Ames & Gough, Inc.	Bixby Insurance Agency	RI	Independent Agency/Broker	Retail	P&C
09/30/14	2014	Ames & Gough, Inc.	Bixby Insurance Agency	RI	Independent Agency/Broker	Retail	P&C
09/30/14	2014	INSURICA Insurance Management Network	Alliance Brokers & Consultants, Inc.	CA	Independent Agency/Broker	Retail	EB & Consulting
09/30/14	2014	INSURICA Insurance Management Network	Alliance Brokers & Consultants, Inc.	CA	Independent Agency/Broker	Retail	EB & Consulting
09/30/14	2014	INSURICA Insurance Management Network	James & Associates	OK	Independent Agency/Broker	Retail	EB & Consulting
09/30/14	2014	INSURICA Insurance Management Network	James & Associates	OK	Independent Agency/Broker	Retail	EB & Consulting
09/30/14	2014	Palladium Equity Partners, LLC	Pronto General Agency, Limited	TX	Other Buyer	Wholesale	P&C
09/30/14	2014	Palladium Equity Partners, LLC	Pronto General Agency, Limited	TX	Other Buyer	Wholesale	P&C
09/26/14	2014	Fortner Insurance Services, Inc.	Empire Bank Insurance Agency	MO	Independent Agency/Broker	Retail	P&C
09/26/14	2014	Fortner Insurance Services, Inc.	Empire Bank Insurance Agency	MO	Independent Agency/Broker	Retail	P&C
09/26/14	2014	Risk Strategies Company, LLC	DeWitt Stern Group, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/26/14	2014	Risk Strategies Company, LLC	DeWitt Stern Group, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/22/14	2014	Acrisure, LLC	Interstate Brokerage Corp.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/22/14	2014	Acrisure, LLC	Interstate Brokerage Corp.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/22/14	2014	Arthur J. Gallagher & Co.	Benfield Group, LLC	MO	Public Broker	Retail	EB & Consulting
09/22/14	2014	Arthur J. Gallagher & Co.	Benfield Group, LLC	MO	Public Broker	Retail	EB & Consulting
09/22/14	2014	Insure.net, LLC	Stark Insurance Agency	CT	Independent Agency/Broker	Retail	Multi Line
09/22/14	2014	Insure.net, LLC	Stark Insurance Agency	CT	Independent Agency/Broker	Retail	Multi Line
09/22/14	2014	Peoples Bancorp, Inc.	Chrisman Insurance Agency, Inc.	KY	Bank or Thrift	Retail	P&C
09/22/14	2014	Peoples Bancorp, Inc.	Chrisman Insurance Agency, Inc.	KY	Bank or Thrift	Retail	P&C
09/21/14	2014	HIA Insurance	Employer Benefit Systems, Inc	IN	Independent Agency/Broker	Retail	EB & Consulting
09/21/14	2014	HIA Insurance	Employer Benefit Systems, Inc	IN	Independent Agency/Broker	Retail	EB & Consulting
09/18/14	2014	Digital Insurance, Inc.	Clark Benefits, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/18/14	2014	Digital Insurance, Inc.	Clark Benefits, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/18/14	2014	Digital Insurance, Inc.	Drew Miller Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/18/14	2014	Digital Insurance, Inc.	Drew Miller Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/18/14	2014	Digital Insurance, Inc.	Shargel & Co. Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/18/14	2014	Digital Insurance, Inc.	Shargel & Co. Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/17/14	2014	Arthur J. Gallagher & Co.	Hagedorn & Company	NY	Public Broker	Retail	Multi Line
09/17/14	2014	Arthur J. Gallagher & Co.	Hagedorn & Company	NY	Public Broker	Retail	Multi Line
09/16/14	2014	Digital Insurance, Inc.	Benefits Resource, LLC	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/16/14	2014	Digital Insurance, Inc.	Benefits Resource, LLC	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/15/14	2014	AssuredPartners, Inc.	Crawford Advisors, LLC	MD	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/15/14	2014	AssuredPartners, Inc.	Crawford Advisors, LLC	MD	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/15/14	2014	National General Holdings Corp.	Tower Personal Lines		Insurance Company	Wholesale	P&C
09/15/14	2014	National General Holdings Corp.	Tower Personal Lines		Insurance Company	Wholesale	P&C
09/12/14	2014	Acrisure, LLC	CLG Insurance	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/12/14	2014	Acrisure, LLC	CLG Insurance	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/11/14	2014	AssuredPartners, Inc.	Chicago location of Cygnet Underwriting Agency, Inc.	IL	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
09/11/14	2014	AssuredPartners, Inc.	Chicago location of Cygnet Underwriting Agency, Inc.	IL	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
09/10/14	2014	R&R Insurance Services, Inc.	Snyder Insurance Agency Inc.	WI	Independent Agency/Broker	Retail	Multi Line
09/10/14	2014	R&R Insurance Services, Inc.	Snyder Insurance Agency Inc.	WI	Independent Agency/Broker	Retail	Multi Line
09/09/14	2014	Texas Wasatch Insurance Services, LP	Goosehead Insurance Agency, LLC	TX	Independent Agency/Broker	Retail	P&C
09/09/14	2014	Texas Wasatch Insurance Services, LP	Goosehead Insurance Agency, LLC	TX	Independent Agency/Broker	Retail	P&C
09/08/14	2014	Acrisure, LLC	B&B Coverage LLC	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/08/14	2014	Acrisure, LLC	B&B Coverage LLC	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/08/14	2014	Acrisure, LLC	Signature Group, LLC	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/08/14	2014	Acrisure, LLC	Signature Group, LLC	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/08/14	2014	Arthur J. Gallagher & Co.	Everett James Inc.	CT	Public Broker	Retail	EB & Consulting
09/08/14	2014	Arthur J. Gallagher & Co.	Everett James Inc.	CT	Public Broker	Retail	EB & Consulting
09/08/14	2014	Block Insurance	Child care business of Britton Gallagher	OH	Independent Agency/Broker	Retail	P&C
09/08/14	2014	Block Insurance	Child care business of Britton Gallagher	OH	Independent Agency/Broker	Retail	P&C
09/08/14	2014	Protector Holdings, LLC	SavePro Insurance Solutions	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/08/14	2014	Protector Holdings, LLC	SavePro Insurance Solutions	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/04/14	2014	Alliant Insurance Services	Moloney O’Neill Inc.	WA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/04/14	2014	Alliant Insurance Services	Moloney O’Neill Inc.	WA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/04/14	2014	Hub International Limited	Peterson Milaney Insurance Associates Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/04/14	2014	Hub International Limited	Peterson Milaney Insurance Associates Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
09/03/14	2014	Propel Insurance, Inc.	Assurety Northwest, Inc.	OR	Independent Agency/Broker	Retail	Multi Line
09/03/14	2014	Propel Insurance, Inc.	Assurety Northwest, Inc.	OR	Independent Agency/Broker	Retail	Multi Line
09/02/14	2014	Arthur J. Gallagher & Co.	Dezelan Insurance Agency, Inc.	IN	Public Broker	Retail	P&C
09/02/14	2014	Arthur J. Gallagher & Co.	Dezelan Insurance Agency, Inc.	IN	Public Broker	Retail	P&C
09/01/14	2014	CBIZ, Inc.	Rognstad's, Inc. dba Sattler Insurance Agency	ID	Public Broker	Retail	P&C
09/01/14	2014	CBIZ, Inc.	Rognstad's, Inc. dba Sattler Insurance Agency	ID	Public Broker	Retail	P&C
08/29/14	2014	Ion Financial MHC	Drescher Insurance Agency, Inc.	CT	Bank or Thrift	Retail	Multi Line
08/29/14	2014	Ion Financial MHC	Drescher Insurance Agency, Inc.	CT	Bank or Thrift	Retail	Multi Line
08/27/14	2014	One Risk Group, LLC	Integrated Employee Benefit Solutions, LLC	OH	Independent Agency/Broker	Retail	EB & Consulting
08/27/14	2014	One Risk Group, LLC	Integrated Employee Benefit Solutions, LLC	OH	Independent Agency/Broker	Retail	EB & Consulting
08/25/14	2014	Patriot National Insurance Group, Inc.	Patriot Underwriters, Inc.	FL	Other Buyer	Wholesale	P&C
08/25/14	2014	Patriot National Insurance Group, Inc.	Patriot Underwriters, Inc.	FL	Other Buyer	Wholesale	P&C
08/21/14	2014	Bryn Mawr Bank Corporation	Powers Craft Parker & Beard, Inc.	PA	Bank or Thrift	Retail	Multi Line
08/21/14	2014	Bryn Mawr Bank Corporation	Powers Craft Parker & Beard, Inc.	PA	Bank or Thrift	Retail	Multi Line
08/19/14	2014	Bolton & Company	Garner Consulting	CA	Independent Agency/Broker	Retail	EB & Consulting
08/19/14	2014	Bolton & Company	Garner Consulting	CA	Independent Agency/Broker	Retail	EB & Consulting
08/14/14	2014	NFP Corp.	Poulos Insurance, Inc.	VT	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/14/14	2014	NFP Corp.	Poulos Insurance, Inc.	VT	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/12/14	2014	Digital Insurance, Inc.	Linden Group Health Services Inc.	IL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
08/12/14	2014	Digital Insurance, Inc.	Linden Group Health Services Inc.	IL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
08/11/14	2014	Arthur J. Gallagher & Co.	Cowles & Connell Inc	CT	Public Broker	Wholesale	P&C
08/11/14	2014	Arthur J. Gallagher & Co.	Cowles & Connell Inc	CT	Public Broker	Wholesale	P&C
08/08/14	2014	Acrisure, LLC	All Security Insurance Agency, Inc.	IL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/08/14	2014	Acrisure, LLC	All Security Insurance Agency, Inc.	IL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/08/14	2014	Arthur J. Gallagher & Co.	Trip Mate, Inc	MO	Public Broker	Retail	P&C
08/08/14	2014	Arthur J. Gallagher & Co.	Trip Mate, Inc	MO	Public Broker	Retail	P&C
08/08/14	2014	Health Insurance Innovations, Inc.	American Service Insurance Agency, LLC	TX	Independent Agency/Broker	Retail	EB & Consulting
08/08/14	2014	Health Insurance Innovations, Inc.	American Service Insurance Agency, LLC	TX	Independent Agency/Broker	Retail	EB & Consulting
08/08/14	2014	NFP Corp.	Altus Specialty Group, LLC	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/08/14	2014	NFP Corp.	Altus Specialty Group, LLC	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line