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
08/06/14	2014	Acrisure, LLC	SMA Surety, Inc.	KY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Acrisure, LLC	SMA Surety, Inc.	KY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Arthur J. Gallagher & Co.	Denman Consulting Services, Inc.	CO	Public Broker	Retail	EB & Consulting
08/06/14	2014	Arthur J. Gallagher & Co.	Denman Consulting Services, Inc.	CO	Public Broker	Retail	EB & Consulting
08/06/14	2014	Confie Seguros Insurance Services	Alliance Insurance Agency Inc.	SC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Confie Seguros Insurance Services	Alliance Insurance Agency Inc.	SC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Confie Seguros Insurance Services	Bower Insurance Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Confie Seguros Insurance Services	Bower Insurance Agency, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Confie Seguros Insurance Services	Guess Insurance Services, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Confie Seguros Insurance Services	Guess Insurance Services, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/14	2014	Norman-Spencer Agency, Inc.	Northern Star Management, Inc.	NJ	Independent Agency/Broker	Wholesale	P&C
08/06/14	2014	Norman-Spencer Agency, Inc.	Northern Star Management, Inc.	NJ	Independent Agency/Broker	Wholesale	P&C
08/04/14	2014	Hub International Limited	Ballard Insurance Agency	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/04/14	2014	Hub International Limited	Ballard Insurance Agency	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/14	2014	A.P. Michaud Insurance Agency Inc.	Nancy Greenwood Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	P&C
08/01/14	2014	A.P. Michaud Insurance Agency Inc.	Nancy Greenwood Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	P&C
08/01/14	2014	Acrisure, LLC	Wine Sergi & Company, LLC	IL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/01/14	2014	Acrisure, LLC	Wine Sergi & Company, LLC	IL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/01/14	2014	Arthur J. Gallagher & Co.	Moore Insurance Services, LLC	NJ	Public Broker	Retail	Multi Line
08/01/14	2014	Arthur J. Gallagher & Co.	Moore Insurance Services, LLC	NJ	Public Broker	Retail	Multi Line
08/01/14	2014	Financial Institutions, Inc.	Scott Danahy Naylon Co., Inc.	NY	Bank or Thrift	Retail	Multi Line
08/01/14	2014	Financial Institutions, Inc.	Scott Danahy Naylon Co., Inc.	NY	Bank or Thrift	Retail	Multi Line
08/01/14	2014	Hilb Group LLC	Martin Agency, Inc.	KY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/01/14	2014	Hilb Group LLC	Martin Agency, Inc.	KY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
08/01/14	2014	World Insurance Associates, LLC	Creative Insurance Services, LLC / Jersey Central Insurance Agency, Inc.	PA	Independent Agency/Broker	Retail	P&C
08/01/14	2014	World Insurance Associates, LLC	Creative Insurance Services, LLC / Jersey Central Insurance Agency, Inc.	PA	Independent Agency/Broker	Retail	P&C
07/31/14	2014	Hub International Limited	Two Rivers Insurance Company, Inc. - Davenport Office (Ruhl & Ruhl Insurance)	IA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/31/14	2014	Hub International Limited	Two Rivers Insurance Company, Inc. - Davenport Office (Ruhl & Ruhl Insurance)	IA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/31/14	2014	NFP Corp.	Benefit Resources, Inc.	OH	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/31/14	2014	NFP Corp.	Benefit Resources, Inc.	OH	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/31/14	2014	Regions Financial Corporation	Zalowitz Frisch Employee Benefits, LLC	TN	Bank or Thrift	Retail	EB & Consulting
07/31/14	2014	Regions Financial Corporation	Zalowitz Frisch Employee Benefits, LLC	TN	Bank or Thrift	Retail	EB & Consulting
07/30/14	2014	Arthur J. Gallagher & Co.	Insurance Point, LLC	IL	Public Broker	Retail	EB & Consulting
07/30/14	2014	Arthur J. Gallagher & Co.	Insurance Point, LLC	IL	Public Broker	Retail	EB & Consulting
07/30/14	2014	AssuredPartners, Inc.	Wright Group Services	CO	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/30/14	2014	AssuredPartners, Inc.	Wright Group Services	CO	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/24/14	2014	Leavitt Group Enterprises, Inc.	Millennium Insurance Agency Inc.	NM	Independent Agency/Broker	Retail	P&C
07/24/14	2014	Leavitt Group Enterprises, Inc.	Millennium Insurance Agency Inc.	NM	Independent Agency/Broker	Retail	P&C
07/21/14	2014	Cross Insurance	Merchant, Needham & Associates Insurance	ME	Independent Agency/Broker	Retail	P&C
07/21/14	2014	Cross Insurance	Merchant, Needham & Associates Insurance	ME	Independent Agency/Broker	Retail	P&C
07/18/14	2014	Arthur J. Gallagher & Co.	Foundation Strategies, Inc.	TX	Public Broker	Retail	EB & Consulting
07/18/14	2014	Arthur J. Gallagher & Co.	Foundation Strategies, Inc.	TX	Public Broker	Retail	EB & Consulting
07/17/14	2014	EPIC (Edgewood Partners Insurance Center)	Jenkins Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/17/14	2014	EPIC (Edgewood Partners Insurance Center)	Jenkins Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/16/14	2014	Onex Corporation	York Risk Services Group Inc.	NJ	Other Buyer	Wholesale	P&C
07/16/14	2014	Onex Corporation	York Risk Services Group Inc.	NJ	Other Buyer	Wholesale	P&C
07/09/14	2014	IMA Financial Group, Inc.	Corporate Insurance Group, Inc.	KS	Independent Agency/Broker	Retail	P&C
07/09/14	2014	IMA Financial Group, Inc.	Corporate Insurance Group, Inc.	KS	Independent Agency/Broker	Retail	P&C
07/03/14	2014	AssuredPartners, Inc.	Ramsey Insurance Agency, Inc.	WV	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/03/14	2014	AssuredPartners, Inc.	Ramsey Insurance Agency, Inc.	WV	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/03/14	2014	Higginbotham & Associates, Inc.	Operations of Willis of Texas Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/03/14	2014	Higginbotham & Associates, Inc.	Operations of Willis of Texas Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
07/02/14	2014	Hub International Limited	Free Market Insurance Agencies, LLC	NM	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/02/14	2014	Hub International Limited	Free Market Insurance Agencies, LLC	NM	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/02/14	2014	LTC Financial Partners, LLC	LTC Global, Inc.	FL	Independent Agency/Broker	Wholesale	EB & Consulting
07/02/14	2014	LTC Financial Partners, LLC	LTC Global, Inc.	FL	Independent Agency/Broker	Wholesale	EB & Consulting
07/02/14	2014	Mascoma Mutual Financial Services Corporation	Centurion Insurance Group	NH	Bank or Thrift	Retail	P&C
07/02/14	2014	Mascoma Mutual Financial Services Corporation	Centurion Insurance Group	NH	Bank or Thrift	Retail	P&C
07/01/14	2014	AmWINS Group	Cabrillo Pacific Insurance Services, LLC and Tidewater Pacific Adjusters	CA	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
07/01/14	2014	AmWINS Group	Cabrillo Pacific Insurance Services, LLC and Tidewater Pacific Adjusters	CA	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
07/01/14	2014	Bigham Kliewer Chapman & Watts Insurance L.P.	Greater Texas Insurance Managers and Agency, Inc.	TX	Independent Agency/Broker	Retail	Multi Line
07/01/14	2014	Bigham Kliewer Chapman & Watts Insurance L.P.	Greater Texas Insurance Managers and Agency, Inc.	TX	Independent Agency/Broker	Retail	Multi Line
07/01/14	2014	Univest Corporation of Pennsylvania	Sterner Insurance Associates, Inc.	PA	Bank or Thrift	Retail	Multi Line
07/01/14	2014	Univest Corporation of Pennsylvania	Sterner Insurance Associates, Inc.	PA	Bank or Thrift	Retail	Multi Line
06/30/14	2014	Acrisure, LLC	K&K Insurance Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/30/14	2014	Acrisure, LLC	K&K Insurance Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/30/14	2014	Chunha Holding Corporation	Chun-Ha Insurance Services Inc./All World Insurance Services Inc.	CA	Other Buyer	Retail	Multi Line
06/30/14	2014	Chunha Holding Corporation	Chun-Ha Insurance Services Inc./All World Insurance Services Inc.	CA	Other Buyer	Retail	Multi Line
06/30/14	2014	Russ Blakely & Associates, LLC	Tanaka Bencomp, Inc.	TN	Independent Agency/Broker	Retail	EB & Consulting
06/30/14	2014	Russ Blakely & Associates, LLC	Tanaka Bencomp, Inc.	TN	Independent Agency/Broker	Retail	EB & Consulting
06/30/14	2014	USI Holdings Corporation	BHB Insurance Services	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/30/14	2014	USI Holdings Corporation	BHB Insurance Services	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/27/14	2014	National General Holdings Corp.	ABC Insurance Agenciesand RAC Insurance Partners	LA	Insurance Company	Wholesale	P&C
06/27/14	2014	National General Holdings Corp.	ABC Insurance Agenciesand RAC Insurance Partners	LA	Insurance Company	Wholesale	P&C
06/26/14	2014	Digital Insurance, Inc.	Forrester & Associates Insurance Agency, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/26/14	2014	Digital Insurance, Inc.	Forrester & Associates Insurance Agency, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/23/14	2014	Integro, Ltd.	Daugherty Insurance Services Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/23/14	2014	Integro, Ltd.	Daugherty Insurance Services Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/16/14	2014	Broad Financial, LLC	Art Hartselle Agency Inc.	FL	Other Buyer	Retail	P&C
06/16/14	2014	Broad Financial, LLC	Art Hartselle Agency Inc.	FL	Other Buyer	Retail	P&C
06/16/14	2014	Frederick H. DiMeo Insurance Agency, Inc.	Personal lines division of Hughes AllMart Insurance Agency	CA	Independent Agency/Broker	Retail	P&C
06/16/14	2014	Frederick H. DiMeo Insurance Agency, Inc.	Personal lines division of Hughes AllMart Insurance Agency	CA	Independent Agency/Broker	Retail	P&C
06/13/14	2014	Arthur J. Gallagher & Co.	Plus Companies, Inc.	NJ	Public Broker	Wholesale	P&C
06/13/14	2014	Arthur J. Gallagher & Co.	Plus Companies, Inc.	NJ	Public Broker	Wholesale	P&C
06/13/14	2014	Capacity Group, Inc.	Mt. Pleasant Agency, Ltd.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/13/14	2014	Capacity Group, Inc.	Mt. Pleasant Agency, Ltd.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/12/14	2014	Integro, Ltd.	Lugo & Associates Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/12/14	2014	Integro, Ltd.	Lugo & Associates Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
06/10/14	2014	Brown & Brown, Inc.	Gaston & Associates, Inc.	NY	Public Broker	Retail	Multi Line
06/10/14	2014	Brown & Brown, Inc.	Gaston & Associates, Inc.	NY	Public Broker	Retail	Multi Line
06/06/14	2014	All Risks, Ltd.	Alive Risk	CA	Independent Agency/Broker	Wholesale	P&C
06/06/14	2014	All Risks, Ltd.	Alive Risk	CA	Independent Agency/Broker	Wholesale	P&C
06/06/14	2014	Arthur J. Gallagher & Co.	Tri-State General Insurance Agency, Ltd.	MD	Public Broker	Wholesale	P&C
06/06/14	2014	Arthur J. Gallagher & Co.	Tri-State General Insurance Agency, Ltd.	MD	Public Broker	Wholesale	P&C
06/05/14	2014	World Insurance Associates, LLC	Gaksure Corporation	NJ	Independent Agency/Broker	Retail	Multi Line
06/05/14	2014	World Insurance Associates, LLC	Gaksure Corporation	NJ	Independent Agency/Broker	Retail	Multi Line
06/03/14	2014	CoVerica, Inc.	Forbes-Troxel Insurance Agency Inc.	TX	Independent Agency/Broker	Retail	P&C
06/03/14	2014	CoVerica, Inc.	Forbes-Troxel Insurance Agency Inc.	TX	Independent Agency/Broker	Retail	P&C
06/02/14	2014	Marsh & McLennan Companies, Inc.	Senn Dunn Insurance	NC	Public Broker	Retail	Multi Line
06/02/14	2014	Marsh & McLennan Companies, Inc.	Senn Dunn Insurance	NC	Public Broker	Retail	Multi Line
06/01/14	2014	AVID Risk Solutions, Inc.	Brent Harris Agency	WI	Independent Agency/Broker	Retail	Multi Line
06/01/14	2014	AVID Risk Solutions, Inc.	Brent Harris Agency	WI	Independent Agency/Broker	Retail	Multi Line
06/01/14	2014	Equinox Agency, LLC	Group Benefits divisions		Independent Agency/Broker	Retail	EB & Consulting
06/01/14	2014	Equinox Agency, LLC	Group Benefits divisions		Independent Agency/Broker	Retail	EB & Consulting
06/01/14	2014	Heffernan Insurance Brokers	Alan D. Brast Financial and Insurance Services Corporation	CA	Independent Agency/Broker	Retail	EB & Consulting
06/01/14	2014	Heffernan Insurance Brokers	Alan D. Brast Financial and Insurance Services Corporation	CA	Independent Agency/Broker	Retail	EB & Consulting
06/01/14	2014	Hub International Limited	Fox-Everett, Inc.	MS	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/01/14	2014	Hub International Limited	Fox-Everett, Inc.	MS	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
06/01/14	2014	Insurance Center, Inc.	NorthStar Insurance Services, Inc.	MA	Independent Agency/Broker	Retail	Multi Line
06/01/14	2014	Insurance Center, Inc.	NorthStar Insurance Services, Inc.	MA	Independent Agency/Broker	Retail	Multi Line
05/30/14	2014	State Automobile Mutual Insurance Company	Partners General Insurance Agency, LLC	CA	Insurance Company	Wholesale	P&C
05/30/14	2014	State Automobile Mutual Insurance Company	Partners General Insurance Agency, LLC	CA	Insurance Company	Wholesale	P&C
05/27/14	2014	Arthur J. Gallagher & Co.	MGA Insurance Group	FL	Public Broker	Wholesale	Multi Line
05/27/14	2014	Arthur J. Gallagher & Co.	MGA Insurance Group	FL	Public Broker	Wholesale	Multi Line
05/27/14	2014	RGEB, Inc.	Individual, Medicare and group health insurance businesses of A. A. Friss Insurance Services and Alan S. Pearlstein Insurance Services	CA	Independent Agency/Broker	Retail	EB & Consulting
05/27/14	2014	RGEB, Inc.	Individual, Medicare and group health insurance businesses of A. A. Friss Insurance Services and Alan S. Pearlstein Insurance Services	CA	Independent Agency/Broker	Retail	EB & Consulting
05/22/14	2014	Brown & Brown, Inc.	The Wright Insurance Group, LLC	NY	Public Broker	Wholesale	P&C
05/22/14	2014	Brown & Brown, Inc.	The Wright Insurance Group, LLC	NY	Public Broker	Wholesale	P&C
05/21/14	2014	Skyward Specialty Insurance Group Inc.	Compass Group Partners	FL	Insurance Company	Wholesale	P&C
05/21/14	2014	Skyward Specialty Insurance Group Inc.	Compass Group Partners	FL	Insurance Company	Wholesale	P&C
05/19/14	2014	Marsh & McLennan Companies, Inc.	VISICOR, Inc.	TX	Public Broker	Retail	EB & Consulting
05/19/14	2014	Marsh & McLennan Companies, Inc.	VISICOR, Inc.	TX	Public Broker	Retail	EB & Consulting
05/12/14	2014	Brown & Brown, Inc.	Agency Management Corporation / Recreation Protection Management, Inc.	FL	Public Broker	Wholesale	P&C
05/12/14	2014	Brown & Brown, Inc.	Agency Management Corporation / Recreation Protection Management, Inc.	FL	Public Broker	Wholesale	P&C
05/09/14	2014	Arthur J. Gallagher & Co.	Sunderland Insurance Services, Inc.	CA	Public Broker	Wholesale	P&C
05/09/14	2014	Arthur J. Gallagher & Co.	Sunderland Insurance Services, Inc.	CA	Public Broker	Wholesale	P&C
05/09/14	2014	Marsh & McLennan Companies, Inc.	Kinker-Eveleigh Insurance Agency	OH	Public Broker	Retail	Multi Line
05/09/14	2014	Marsh & McLennan Companies, Inc.	Kinker-Eveleigh Insurance Agency	OH	Public Broker	Retail	Multi Line
05/06/14	2014	Declaration Brokerage, LLC	RBLA of PA, Inc.	PA	Independent Agency/Broker	Retail	Multi Line
05/06/14	2014	Declaration Brokerage, LLC	RBLA of PA, Inc.	PA	Independent Agency/Broker	Retail	Multi Line
05/05/14	2014	Emerson Reid, LLC	Wells Fargo Insurance life and health general agency operation	CA	Independent Agency/Broker	Wholesale	EB & Consulting
05/05/14	2014	Emerson Reid, LLC	Wells Fargo Insurance life and health general agency operation	CA	Independent Agency/Broker	Wholesale	EB & Consulting
05/02/14	2014	Hub International Limited	Carlsbad Insurance Agency, Inc.	NM	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/02/14	2014	Hub International Limited	Carlsbad Insurance Agency, Inc.	NM	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/02/14	2014	Hub International Limited	E. J. Wells Insurance Agency, Inc.	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/02/14	2014	Hub International Limited	E. J. Wells Insurance Agency, Inc.	MA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/02/14	2014	Maguire Agency	Kelly Agency	MN	Independent Agency/Broker	Retail	Multi Line
05/02/14	2014	Maguire Agency	Kelly Agency	MN	Independent Agency/Broker	Retail	Multi Line
05/01/14	2014	Acrisure, LLC	Beckerman & Company	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/14	2014	Acrisure, LLC	Beckerman & Company	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/14	2014	Acrisure, LLC	Certain assets of Euclid Insurance Services, Inc.		Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
05/01/14	2014	Acrisure, LLC	Certain assets of Euclid Insurance Services, Inc.		Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
05/01/14	2014	BroadStreet Partners, Inc.	Caribou Insurance Agency, Inc.	AL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/14	2014	BroadStreet Partners, Inc.	Caribou Insurance Agency, Inc.	AL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
05/01/14	2014	Hilb Group LLC	Newman Crane & Associates Insurance, Inc.	FL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/01/14	2014	Hilb Group LLC	Newman Crane & Associates Insurance, Inc.	FL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
05/01/14	2014	TowneBank	Southern Insurance Agency, Inc.	NC	Bank or Thrift	Retail	Multi Line
05/01/14	2014	TowneBank	Southern Insurance Agency, Inc.	NC	Bank or Thrift	Retail	Multi Line
04/29/14	2014	Patriot National Insurance Group, Inc.	Holdren Insurance Group, Inc.	OR	Other Buyer	Wholesale	P&C
04/29/14	2014	Patriot National Insurance Group, Inc.	Holdren Insurance Group, Inc.	OR	Other Buyer	Wholesale	P&C
04/24/14	2014	Arthur J. Gallagher & Co.	American Wholesalers Underwriting, Ltd.	CT	Public Broker	Wholesale	P&C
04/24/14	2014	Arthur J. Gallagher & Co.	American Wholesalers Underwriting, Ltd.	CT	Public Broker	Wholesale	P&C
04/24/14	2014	Brown & Brown, Inc.	Pacific Resources Benefits Advisors, LLC	IL	Public Broker	Retail	EB & Consulting
04/24/14	2014	Brown & Brown, Inc.	Pacific Resources Benefits Advisors, LLC	IL	Public Broker	Retail	EB & Consulting
04/24/14	2014	Eastern Bank Corporation	Smith Buckley & Hunt Insurance Agency, Inc.	MA	Bank or Thrift	Retail	Multi Line
04/24/14	2014	Eastern Bank Corporation	Smith Buckley & Hunt Insurance Agency, Inc.	MA	Bank or Thrift	Retail	Multi Line
04/24/14	2014	Kemmons Wilson Insurance Group LLC	Heritage Financial Group, LLC	TN	Independent Agency/Broker	Retail	EB & Consulting
04/24/14	2014	Kemmons Wilson Insurance Group LLC	Heritage Financial Group, LLC	TN	Independent Agency/Broker	Retail	EB & Consulting
04/18/14	2014	First National Bank of Gilmer	Hogue Insurance Agency, Inc.	TX	Bank or Thrift	Retail	Multi Line
04/18/14	2014	First National Bank of Gilmer	Hogue Insurance Agency, Inc.	TX	Bank or Thrift	Retail	Multi Line
04/18/14	2014	NFP Corp.	Schwartz Brothers Insurance Agency, Inc.	IL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/18/14	2014	NFP Corp.	Schwartz Brothers Insurance Agency, Inc.	IL	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/16/14	2014	PSA Holdings, Inc	Armada Employer Services	MD	Independent Agency/Broker	Retail	EB & Consulting
04/16/14	2014	PSA Holdings, Inc	Armada Employer Services	MD	Independent Agency/Broker	Retail	EB & Consulting
04/16/14	2014	USI Holdings Corporation	Webb & Greer Insurance Agency, Inc.	AZ	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/16/14	2014	USI Holdings Corporation	Webb & Greer Insurance Agency, Inc.	AZ	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/14/14	2014	Selman & Company	Association & Society Insurance Corporation	MD	Independent Agency/Broker	Retail	EB & Consulting
04/14/14	2014	Selman & Company	Association & Society Insurance Corporation	MD	Independent Agency/Broker	Retail	EB & Consulting
04/14/14	2014	Selman & Company	Life and accident insurance administration business of MAI Services Corporation	OH	Independent Agency/Broker	Retail	Multi Line
04/14/14	2014	Selman & Company	Life and accident insurance administration business of MAI Services Corporation	OH	Independent Agency/Broker	Retail	Multi Line
04/11/14	2014	AssuredPartners, Inc.	CBS Coverage Group, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/11/14	2014	AssuredPartners, Inc.	CBS Coverage Group, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/09/14	2014	AssuredPartners, Inc.	Landry Harris & Co.	LA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/09/14	2014	AssuredPartners, Inc.	Landry Harris & Co.	LA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/09/14	2014	BancorpSouth, Inc.	Knox Insurance Group, LLC	LA	Bank or Thrift	Retail	P&C
04/09/14	2014	BancorpSouth, Inc.	Knox Insurance Group, LLC	LA	Bank or Thrift	Retail	P&C
04/09/14	2014	Cross Insurance	Troy, Pires & Allen Insurance	RI	Independent Agency/Broker	Retail	P&C
04/09/14	2014	Cross Insurance	Troy, Pires & Allen Insurance	RI	Independent Agency/Broker	Retail	P&C
04/04/14	2014	Arthur J. Gallagher & Co.	Beacon Enterprises, Inc.	FL	Public Broker	Retail	EB & Consulting
04/04/14	2014	Arthur J. Gallagher & Co.	Beacon Enterprises, Inc.	FL	Public Broker	Retail	EB & Consulting
04/04/14	2014	Marsh & McLennan Companies, Inc.	Capstone Insurance Services, LLC	SC	Public Broker	Retail	Multi Line
04/04/14	2014	Marsh & McLennan Companies, Inc.	Capstone Insurance Services, LLC	SC	Public Broker	Retail	Multi Line
04/03/14	2014	AssuredPartners, Inc.	Morris H. Bannister & Son, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/03/14	2014	AssuredPartners, Inc.	Morris H. Bannister & Son, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/02/14	2014	Hub International Limited	Argus Insurance, Inc.	WA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/02/14	2014	Hub International Limited	Argus Insurance, Inc.	WA	Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/01/14	2014	Acrisure, LLC	Dittmar Agency, Inc.	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/14	2014	Acrisure, LLC	Dittmar Agency, Inc.	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
04/01/14	2014	AssuredPartners, Inc.	Property/Casualty and Group Benefits Insurance from Hancock Holding Company		Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/01/14	2014	AssuredPartners, Inc.	Property/Casualty and Group Benefits Insurance from Hancock Holding Company		Independent Agency/Broker- Private Capital Backed	Retail	Multi Line
04/01/14	2014	BB&T Corporation	Caledonian Insurance Group Inc.	WA	Bank or Thrift	Retail	P&C
04/01/14	2014	BB&T Corporation	Caledonian Insurance Group Inc.	WA	Bank or Thrift	Retail	P&C
04/01/14	2014	Johnson & Johnson, Inc.	Stateside Underwriting Agency, Inc.	IL	Independent Agency/Broker	Wholesale	P&C
04/01/14	2014	Johnson & Johnson, Inc.	Stateside Underwriting Agency, Inc.	IL	Independent Agency/Broker	Wholesale	P&C
04/01/14	2014	Odyssey Re Holdings Corp.	Motor Transport Underwriters, Inc.	IN	Insurance Company	Wholesale	P&C
04/01/14	2014	Odyssey Re Holdings Corp.	Motor Transport Underwriters, Inc.	IN	Insurance Company	Wholesale	P&C
04/01/14	2014	World Insurance Associates, LLC	Hauswirth & Sons Insurance Consultants	NJ	Independent Agency/Broker	Retail	P&C
04/01/14	2014	World Insurance Associates, LLC	Hauswirth & Sons Insurance Consultants	NJ	Independent Agency/Broker	Retail	P&C
03/31/14	2014	Norton Agency Insurance, LLC	Magus Risk Solutions, LLC	GA	Independent Agency/Broker	Retail	P&C
03/31/14	2014	Norton Agency Insurance, LLC	Magus Risk Solutions, LLC	GA	Independent Agency/Broker	Retail	P&C