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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
04/01/09	2009	Wells Fargo & Company	North Coast Surety Insurance Services, Inc.	CA	Bank or Thrift	Retail	P&C
03/31/09	2009	Knight Crockett Miller Insurance Group	Undisclosed Seller (insurance business)	OH	Independent Agency/Broker
03/31/09	2009	Scirocco Group Inc.	Slapin-Lieb & Co.	NJ	Independent Agency/Broker	Retail	P&C
03/31/09	2009	Undisclosed buyer	Arthur J. Gallagher & Co. (small books of business)		Other Buyer	Retail	P&C
03/27/09	2009	Higginbotham & Associates, Inc.	Key & Piskuran Insurance Agency, LLC	TX	Independent Agency/Broker	Retail	P&C
03/27/09	2009	NII BSA, LLC	Barry Scott Agency/Accurate Agency	NY	Other Buyer	Retail	P&C
03/13/09	2009	FedFirst Financial Corporation (MHC)	Allsurance Insurance Agency	PA	Bank or Thrift	Retail	P&C
03/12/09	2009	Insurance Specialty Group, LLC	WASTEPAC Risk Purchasing Group, Inc.	NY	Independent Agency/Broker	Retail	P&C
03/05/09	2009	AmWINS Group	2 medical stop loss wholesalers		Independent Agency/Broker- Private Capital Backed
03/05/09	2009	AmWINS Group	National Insurance Wholesalers	TX	Independent Agency/Broker- Private Capital Backed	Wholesale	EB & Consulting
03/02/09	2009	53 Group Holdings, Inc.	Harbor Insurance Agency & Florida Consolidated Agency	FL	Independent Agency/Broker	Retail	P&C
03/02/09	2009	Brown & Brown, Inc.	One Source Insurance, Inc.	IN	Public Broker	Retail	EB & Consulting
03/02/09	2009	LTC Global Solutions, Inc.	William L. McAree Insurance Agency, Inc.	MA	Independent Agency/Broker	Retail	EB & Consulting
03/02/09	2009	Marsh & McLennan Companies, Inc.	John B. Collins Associates, Inc.	MN	Public Broker	Retail	P&C
03/01/09	2009	Cullen/Frost Bankers, Inc.	Undisclosed Seller (insurance agency)	TX	Bank or Thrift
03/01/09	2009	INSURICA Insurance Management Network	Risk Services of Arkansas, LLC	AR	Independent Agency/Broker	Retail	P&C
02/27/09	2009	AA Insurance Center	AssuranceAmerica Corporation (agency book of business)		Independent Agency/Broker	Wholesale	P&C
02/27/09	2009	Evolution Capital Partners, LLC	Accurate Group, LLC	NC	Other Buyer	Retail	P&C
02/27/09	2009	Pelican General Agency, Inc.	Insurance Network Services, LLC	MS	Independent Agency/Broker	Wholesale	P&C
02/27/09	2009	Physicians Healthcare Management Group, Inc.	Phyhealth Underwriters, Inc.		Other Buyer	Wholesale	P&C
02/27/09	2009	Undisclosed buyer	InsuranCenter Corp. of Alpena	MI	Other Buyer	Retail	P&C
02/27/09	2009	Wells Fargo & Company	BridgeStreet Consulting & Insurance Services, Inc.	CA	Bank or Thrift	Retail	EB & Consulting
02/26/09	2009	AssuranceAmerica Corporation	First Choice Insurance, LLC (assets)	GA	Insurance Company	Retail	Multi Line
02/20/09	2009	eHealth, Inc.	Health Benefits Direct Corporation (Telesales call center produced agency business)		Other Buyer	Retail	EB & Consulting
02/17/09	2009	Northeast Bancorp	Goodrich Insurance Associates, Inc.	ME	Bank or Thrift	Retail	P&C
02/14/09	2009	Undisclosed Buyer	Woodard Walker Insurance Agency, Inc.	LA	Other Buyer	Retail	P&C
02/13/09	2009	Beazley Group, Plc	First State Management Group, Inc.	MA	Insurance Company	Wholesale	P&C
02/11/09	2009	Primary Group, Ltd.	Underwriters & Brokers Inc.	MI	Independent Agency/Broker	Wholesale	P&C
02/10/09	2009	Arthur J. Gallagher & Co.	Fidelity Benefits & Insurance Services	TX	Public Broker	Retail	EB & Consulting
01/31/09	2009	Hix Insurance Associates, Inc.	Meyers Dining, LLC (PL division)	CO	Independent Agency/Broker	Retail	P&C
01/31/09	2009	Independence Holding Company	Wisconsin Underwriting Associates, LLC	WI	Insurance Company	Wholesale	EB & Consulting
01/31/09	2009	Southeastern U.S. Insurance, Inc.	Employers WorkComp, LP (selected assets & liabilities)		Insurance Company	Wholesale	P&C
01/30/09	2009	EPIC (Edgewood Partners Insurance Center)	VRT Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
01/29/09	2009	Diablo Valley Insurance Agency, Inc.	Gingrich Insurance Brokers, Inc.	CA	Independent Agency/Broker	Retail	P&C
01/29/09	2009	Eastern Bank Corporation	Rosemary Walker Insurance Agency, Inc.	MA	Bank or Thrift	Retail	P&C
01/29/09	2009	Warranty Title Agency LLC	Attorneys Title Agency LLC		Independent Agency/Broker	Retail	P&C
01/22/09	2009	Hub International Limited	Liberty Mutual Holding Company Inc. (renewal rights)		Independent Agency/Broker- Private Capital Backed	Retail	P&C
01/22/09	2009	UMB Financial Corporation	E.G. Lee & Company Insurance Services, Inc. (health spending accounts/(HSA/MSA))		Bank or Thrift	Retail	EB & Consulting
01/22/09	2009	USI Holdings Corporation	Liberty Mutual Holding Company Inc. (renewal rights of northeastern middle market P&C business)		Independent Agency/Broker- Private Capital Backed	Retail	P&C
01/21/09	2009	Arthur J. Gallagher & Co.	Liberty Mutual Holding Company Inc. (renewal rights)		Public Broker	Retail	P&C
01/21/09	2009	Mitsubishi UFJ Financial Group, Inc.	Colt Park Agency, Inc.	MI	Bank or Thrift	Retail	P&C
01/20/09	2009	Citadel Reinsurance Company Limited	Arthur J. Gallagher & Co. (reinsurance run-off business)		Insurance Company	Retail	P&C
01/16/09	2009	Ascension Insurance, Inc.	Dennis Bartlett Agency	FL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
01/16/09	2009	Bradley & Parker, Inc.	Profile Coverage Corp.	NY	Independent Agency/Broker	Retail	P&C
01/14/09	2009	Higginbotham & Associates, Inc.	Sun Belt Insurance and Associates, Inc.	TX	Independent Agency/Broker	Retail	P&C
01/12/09	2009	Glatfelter Insurance Group	Professional Underwriters	PA	Independent Agency/Broker	Wholesale	P&C
01/08/09	2009	Investor group	Penn Millers Mutual Holding Co. (assets of Eastern Insurance Group Inc.)	PA	Other Buyer	Retail	P&C
01/08/09	2009	KPD Insurance, Inc.	Jones, Kendall & Sauer, Inc.	OR	Independent Agency/Broker	Retail	P&C
01/07/09	2009	Bearence Management Group	T. C. Field & Company	MN	Independent Agency/Broker	Retail	P&C
01/05/09	2009	Monarch Insurance Services, Inc.	Bishop Insurance Agency of Hawaii Inc.	HI	Independent Agency/Broker	Retail	Multi Line
01/02/09	2009	Ash Financial Holdings Group, Inc.	Delta Financial Associates, Inc.	NJ	Independent Agency/Broker	Wholesale	EB & Consulting
01/02/09	2009	Brown & Brown, Inc.	Preferred Insurance Services, L.L.C.	CT	Public Broker	Retail	P&C
01/01/09	2009	Arthur J. Gallagher & Co.	PartnerSource, Inc.	TX	Public Broker	Retail	P&C
01/01/09	2009	York International Agency, LLC	Sequoia Financial Partners, LLC	NY	Independent Agency/Broker	Retail	EB & Consulting
12/31/08	2008	ACNB Corporation	Marks Insurance & Associates	MD	Bank or Thrift	Retail	P&C
12/31/08	2008	Atlantic Risk Specialists, Inc.	Metro Insurance Services, Inc.	NJ	Independent Agency/Broker	Wholesale	P&C
12/31/08	2008	Brower Insurance Agency, LLC	Consolidated Insurance Agency, Inc.	OH	Independent Agency/Broker	Retail	P&C
12/31/08	2008	Brown & Brown, Inc.	Baker, Thomsen Associates Insurance Services, Inc.	CA	Public Broker	Retail	EB & Consulting
12/31/08	2008	Brown & Brown, Inc.	Gallagher Associates, Inc.	NJ	Public Broker	Retail	P&C
12/31/08	2008	City Holding Company	Patton Insurance Agency	WV	Bank or Thrift	Retail	P&C
12/31/08	2008	Clear Choice Health Plans, Inc.	Trusteed Plans Service Corporation	WA	Insurance Company	Retail	EB & Consulting
12/31/08	2008	FCCI Mutual Insurance Holding Company	Mississippi Insurance Managers, Inc.	MS	Insurance Company	Retail	P&C
12/31/08	2008	First American Corporation	Undisclosed Seller (two title insurance businesses)		Insurance Company	Retail	P&C
12/31/08	2008	HCC Insurance Holdings, Inc.	Virtual MGU , Inc.	MA	Insurance Company	Wholesale	P&C
12/31/08	2008	Horst Group, Inc.	Insurance Masters of Lancaster, Ltd.	PA	Other Buyer	Retail	P&C
12/31/08	2008	Hub International Limited	Gemini Group, Inc.	CO	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
12/31/08	2008	IN Title Company	Indiana Title Insurance Company	IN	Other Buyer	Retail	P&C
12/31/08	2008	JLT Insurance Agency Holdings, Inc.	Guaranty Insurance Services Inc.	TX	Independent Agency/Broker	Retail	P&C
12/31/08	2008	QBE Insurance Group Limited	Burnett Holdings, Inc.	LA	Insurance Company
12/31/08	2008	Undisclosed buyer	Insurance Wholesalers Insurance Services, Inc.		Other Buyer
12/30/08	2008	Starkweather & Shepley Insurance Brokerage, Inc.	Preston Agency, Inc.	RI	Independent Agency/Broker	Retail	P&C
12/29/08	2008	Hartland Mutual Insurance Company	A & M Insurance Agency, Inc.	ND	Insurance Company	Retail	P&C
12/29/08	2008	Univest Corporation of Pennsylvania	Liberty Benefits, Inc.	PA	Bank or Thrift	Retail	EB & Consulting
12/23/08	2008	Bollinger, Inc.	Allied Insurance Services	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
12/22/08	2008	Brown & Brown, Inc.	Insurance 1, Inc.	LA	Public Broker	Retail	P&C
12/19/08	2008	Bankers Insurance, LLC	Hutton Vincent Williamson McLean Insurance Group	NC	Independent Agency/Broker	Retail	P&C
12/19/08	2008	BB&T Corporation	TAPCO Underwriters, Inc.	NC	Bank or Thrift	Wholesale	P&C
12/19/08	2008	William J. Kamm & Sons, Inc.	Myers-Briggs and Co., Inc.	IL	Independent Agency/Broker	Retail	P&C
12/18/08	2008	BB&T Corporation	J. Rolfe Davis Insurance Agency, Inc.	FL	Bank or Thrift	Retail	P&C
12/17/08	2008	Brown & Brown, Inc.	Alexander & Bolton, Inc.	LA	Public Broker	Retail	P&C
12/17/08	2008	James C. Jenkins Insurance Services, Inc.	Athens Benefits Insurance Services, Inc.	CA	Independent Agency/Broker	Retail	EB & Consulting
12/17/08	2008	Leavitt Group Enterprises, Inc.	James C. Jenkins Insurance Services, Inc.	CA	Independent Agency/Broker	Retail	P&C
12/16/08	2008	American Pinnacle Partners Inc.	Consolidated Special Risk Managers Inc.	CA	Independent Agency/Broker	Wholesale	P&C
12/16/08	2008	Brown & Brown, Inc.	Charter Insurance Services, Inc.	NM	Public Broker	Retail	P&C
12/16/08	2008	First Community Bancshares, Inc.	Carr & Hyde Insurance, Inc.	VA	Bank or Thrift	Retail	P&C
12/16/08	2008	OnPoint Underwriting, Inc.	Commercial Insurance Services, Inc.	CO	Independent Agency/Broker	Wholesale	P&C
12/16/08	2008	Rockwood Programs, Inc.	Modern Insurance Consultants, Inc.	FL	Independent Agency/Broker	Retail	P&C
12/15/08	2008	Beecher Carlson Holdings Inc.	Sage Insurance Group	OR	Independent Agency/Broker	Retail	P&C
12/15/08	2008	Brown & Brown, Inc.	R.E. Sutton & Associates, LLC.	IN	Public Broker	Retail	EB & Consulting
12/15/08	2008	ProAssurance Corporation	Mid-Continent General Agency, Inc.	TX	Insurance Company	Wholesale	P&C
12/12/08	2008	EPIC (Edgewood Partners Insurance Center)	Complete Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
12/11/08	2008	Venbrook Group, LLC	Brown & Brown, Inc. (Ocean Marine book of business)		Independent Agency/Broker	Retail	P&C
12/08/08	2008	Apex Global Partners, Inc.	Brooks Bittner and Associates	TX	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
12/08/08	2008	Brown & Brown, Inc.	Stewart & Tunno Insurance Agency, Inc.	OR	Public Broker	Retail	P&C
12/08/08	2008	CNA Financial Corporation	Scarborough	IL	Insurance Company	Wholesale	P&C
12/04/08	2008	International Bancshares Corporation	InsCorp, Inc.	TX	Bank or Thrift	Retail	P&C
12/03/08	2008	Bollinger, Inc.	BK International Insurance Brokers, Ltd.	CT	Independent Agency/Broker- Private Capital Backed	Retail	P&C
12/02/08	2008	Jimcor Agencies	Zaloom Associates, Inc.	NJ	Independent Agency/Broker	Wholesale	P&C
12/01/08	2008	Arthur J. Gallagher & Co.	Stanton Group LLC	MN	Public Broker	Retail	P&C
12/01/08	2008	Arthur J. Gallagher & Co.	Treiber Group/Treiber Agency	NY	Public Broker	Retail	P&C
12/01/08	2008	First Community Bancshares, Inc.	Brokerage East, Inc.	NC	Bank or Thrift	Retail	Multi Line
12/01/08	2008	HCC Insurance Holdings, Inc.	Arrowhead Public Risk	VA	Insurance Company	Wholesale	P&C
12/01/08	2008	Kinderhook Bank Corporation	Kleeber Agency, Inc.	NY	Bank or Thrift	Retail	P&C
12/01/08	2008	National Penn Bancshares, Inc.	Carl A. Curcio & Associates, Inc.	PA	Bank or Thrift	Retail	EB & Consulting
12/01/08	2008	National Penn Bancshares, Inc.	Johnson & Muir, Inc.	PA	Bank or Thrift	Retail	EB & Consulting
12/01/08	2008	Two Rivers Financial Group, Inc.	Ruhl & Ruhl, Inc.	IA	Bank or Thrift
11/30/08	2008	Bollinger, Inc.	Gorga Agency, Inc.	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/21/08	2008	MidWestOne Financial Group, Inc.	Butler-Brown Insurance	IA	Bank or Thrift	Retail	P&C
11/18/08	2008	Ascension Insurance, Inc.	First Charter Insurance Services, Inc.	NC	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/17/08	2008	Brown & Brown, Inc.	Conner Strong Companies, Inc. (small business insurance unit)		Public Broker	Retail	P&C
11/15/08	2008	Arthur J. Gallagher & Co.	HR Group, LLC	TN	Public Broker	Retail	EB & Consulting
11/14/08	2008	Wells Fargo & Company	Doeren Mayhew Risk Management, LLC	MI	Bank or Thrift	Retail	P&C
11/13/08	2008	Arthur J. Gallagher & Co.	Uintah Basin Insurance Agency, Inc.	UT	Public Broker	Retail	EB & Consulting
11/13/08	2008	Brown & Brown, Inc.	Agency Associates, Inc.	IN	Public Broker	Retail	P&C
11/11/08	2008	AmeriLife Group, L.L.C.	Network Insurance Senior Health Division, Inc.	FL	Independent Agency/Broker	Retail	EB & Consulting
11/06/08	2008	Hub International Limited	M&L Insurance Services Corporation	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
11/05/08	2008	Brown & Brown, Inc.	Health Insurance Exchange Inc.	WA	Public Broker	Retail	EB & Consulting
11/01/08	2008	Arthur J. Gallagher & Co.	Continental Special Risks Inc.	GA	Public Broker	Wholesale	P&C
11/01/08	2008	Celedinas Insurance Group	Claude D. Reese Agency, Inc.	FL	Independent Agency/Broker	Retail	Multi Line
11/01/08	2008	HCC Insurance Holdings, Inc.	Cox Insurance Group	IN	Insurance Company	Wholesale	EB & Consulting
11/01/08	2008	QBE Insurance Group Limited	Community Association Underwriters of America, Inc.	PA	Insurance Company
10/31/08	2008	ACNB Corporation	Associated Insurance Offices, Inc.	MD	Bank or Thrift	Retail	P&C
10/31/08	2008	Arthur J. Gallagher & Co.	Roberts & Roberts Insurance Service, Inc.	NC	Public Broker	Retail	P&C
10/31/08	2008	Baldwin & Lyons, Inc.	Transportation Specialty Insurance Agency, Inc.	OH	Insurance Company	Retail	P&C
10/31/08	2008	Maiden Holdings, Ltd.	GMAC RE, LLC.	NJ	Insurance Company	Wholesale	P&C
10/31/08	2008	Undisclosed buyer	Angel of Shavano Title & Escrow, Inc.	CO	Other Buyer	Retail	P&C
10/28/08	2008	Appalachian Underwriters Inc.	MSC Insurance Agency of Tennessee LLC (Bus Ins Center assets)		Independent Agency/Broker	Wholesale	P&C
10/22/08	2008	Bollinger, Inc.	MPPI Insurance Services	NJ	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/13/08	2008	Brown & Brown, Inc.	Al Phillips Insurance Agency, Inc.	TN	Public Broker	Retail	P&C
10/13/08	2008	Wells Fargo & Company	EMAR Group, Inc	NJ	Bank or Thrift	Retail	P&C
10/10/08	2008	Mercury General Corporation	AIS Management Corporation		Insurance Company	Retail	P&C
10/01/08	2008	Arthur J. Gallagher & Co.	Fuller & O'Brien, Inc.	NY	Public Broker	Retail	P&C
10/01/08	2008	Confie Seguros Insurance Services	Alamo Auto Insurance	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/01/08	2008	First Community Bancshares, Inc.	Main Insurance Agency	NC	Bank or Thrift	Retail	Multi Line
10/01/08	2008	HCC Insurance Holdings, Inc.	U.S. Risk Insurance Group, Inc. (Criminal Justice division)	AZ	Insurance Company	Wholesale	P&C
09/30/08	2008	Stone Point Capital LLC	Westwood Insurance Agency	CA	Other Buyer	Retail	P&C
09/24/08	2008	Apex Global Partners, Inc.	Global Benefit Solutions, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/24/08	2008	Confie Seguros Insurance Services	West Coast Auto Insurance Services	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/23/08	2008	Business Benefits	Hammerlein Garner Insurance Agency, LLC	KY	Independent Agency/Broker	Retail	P&C
09/12/08	2008	Hub International Limited	Pickett & Adams Insurance Agency, Inc.	AL	Independent Agency/Broker- Private Capital Backed	Retail	P&C
09/11/08	2008	Prudential Financial, Inc.	MullinTBG Insurance Agency Services, LLC	CA	Insurance Company	Retail	EB & Consulting
09/11/08	2008	Wells Fargo & Company	Herder - Tarricone Associates	NJ	Bank or Thrift	Retail	P&C
09/09/08	2008	Hub International Limited	Fredricksen Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
09/09/08	2008	Wells Fargo & Company	Professional Benefits Associates, LLC	NC	Bank or Thrift	Retail	EB & Consulting
09/08/08	2008	Argo Group International Holdings, Ltd.	Insight Insurance Services, Inc.	IL	Insurance Company	Wholesale	P&C
09/08/08	2008	Comegys Insurance Agency, Inc.	Jakhotia Insurance Group	FL	Independent Agency/Broker	Retail	P&C
09/05/08	2008	LTC Global Solutions, Inc.	United Insurance Group Agency, Inc.	MI	Independent Agency/Broker	Retail	EB & Consulting
09/04/08	2008	Hub International Limited	Arnold & Associates, Inc.	AZ	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
09/03/08	2008	Wells Fargo & Company	Char Clark & Associates, Inc.	WA	Bank or Thrift	Retail	EB & Consulting
09/02/08	2008	BB&T Corporation	Southern Risk Operations, L.L.C.	SC	Bank or Thrift	Wholesale	P&C
09/01/08	2008	Arthur J. Gallagher & Co.	California Insurance Center, Inc.	CA	Public Broker	Retail	P&C
09/01/08	2008	Arthur J. Gallagher & Co.	Olney Associates Inc.	MA	Public Broker	Retail	EB & Consulting
09/01/08	2008	Arthur J. Gallagher & Co.	Summit Insurance Group	TX	Public Broker	Retail	EB & Consulting
09/01/08	2008	BB&T Corporation	Commercial Title Group, Inc.	VA	Bank or Thrift	Retail	P&C
09/01/08	2008	Hilb Rogal & Hobbs Company	G.A. Pearson and Associates Insurance Brokers, Inc.	CA	Public Broker	Retail	P&C
09/01/08	2008	VIST Financial Corp.	Fisher Benefits Consulting	PA	Bank or Thrift	Retail	EB & Consulting
08/31/08	2008	Evans Bancorp, Inc.	Fitzgerald Insurance Agency	NY	Bank or Thrift	Retail	P&C
08/31/08	2008	Higginbotham & Associates, Inc.	Madison Benefits Group, Inc.	TX	Independent Agency/Broker	Retail	EB & Consulting
08/31/08	2008	Investor group	Hayward Brown - Flagler, Inc.	FL	Other Buyer
08/29/08	2008	Arthur J. Gallagher & Co.	Private Investor - Christopher M. Miller (Gallagher Healthcare Insurance Services of Kansas City, LLC)	MO	Public Broker	Retail	P&C
08/29/08	2008	Hallmark Financial Services, Inc.	Heath Group	NJ	Insurance Company	Wholesale	P&C
08/29/08	2008	National Penn Bancshares, Inc.	Badger Financial Consultants	PA	Bank or Thrift
08/29/08	2008	Odyssey Re Holdings Corp.	CropUSA Insurance Agency, Inc.	ID	Insurance Company	Wholesale	P&C
08/22/08	2008	ClearBenefits, Inc.	BISNet, Inc.	CA	Other Buyer	Retail	EB & Consulting
08/22/08	2008	Donegal Mutual Insurance Company	Conestoga Financial Corporation	PA	Insurance Company	Wholesale	P&C
08/18/08	2008	Brown & Brown, Inc.	Advanced Insurance Concepts, Inc.	PA	Public Broker	Wholesale	EB & Consulting
08/18/08	2008	Pentegra Retirement Services	RSG Insurance Agency, Inc.	NY	Other Buyer	Retail	EB & Consulting
08/15/08	2008	Cherry Creek Insurance Agency, Inc.	Hanes Hathaway Inc	MT	Independent Agency/Broker	Retail	P&C
08/12/08	2008	Brown & Brown, Inc.	Reed Brothers Insurance Group, Inc.	KY	Public Broker	Retail	P&C
08/12/08	2008	Wells Fargo & Company	Martin Financial/ Insurance Services	CA	Bank or Thrift	Retail	EB & Consulting
08/08/08	2008	Brown & Brown, Inc.	Burt & Associates Benefit Planning, Inc.	IN	Public Broker	Retail	EB & Consulting
08/05/08	2008	Fidelity National Financial, Inc.	Mercury Companies Inc. (Colorado title insurance operations)	CO	Insurance Company	Retail	P&C
08/05/08	2008	National Investment Managers, Inc.	Retirement & Employee Benefit Services Inc.	CT	Other Buyer
08/01/08	2008	Apex Global Partners, Inc.	Benefit Partners, Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
08/01/08	2008	Arthur J. Gallagher & Co.	Wm. W. George & Associates, Inc.	TX	Public Broker	Retail	P&C
08/01/08	2008	Brown & Brown, Inc.	Fullerton & Company, Inc.	OR	Public Broker	Retail	P&C
08/01/08	2008	Eastern Bank Corporation	Kittredge Insurance Agency, Inc.	MA	Bank or Thrift	Retail	P&C
08/01/08	2008	ISU Insurance Services of San Francisco, Inc.	Fourth Street Park, Inc.	CA	Independent Agency/Broker
08/01/08	2008	John O. Bronson Co.	Lauer Benefits Group	CA	Independent Agency/Broker
08/01/08	2008	Liberty Company Insurance Brokers	ISU Marble Insurance Agency	CA	Independent Agency/Broker
08/01/08	2008	Risk Strategies Company, LLC	Blaich Associates, Inc.	NY	Independent Agency/Broker	Retail	P&C
07/31/08	2008	Assurant, Inc.	Signal Holdings, LLC	PA	Insurance Company	Retail	P&C
07/31/08	2008	Brown & Brown, Inc.	Great Lakes Risk Management, Inc.	OH	Public Broker	Retail	EB & Consulting
07/31/08	2008	First Community Bancshares, Inc.	REL Insurance Services, Inc.	NC	Bank or Thrift	Retail	Multi Line
07/30/08	2008	BB&T Corporation	Puckett Scheetz & Hogan Insurance Agency, Inc.	SC	Bank or Thrift	Retail	P&C
07/30/08	2008	White Mountains Insurance Group, Ltd.	Answer Financial Inc.	CA	Insurance Company	Retail	P&C
07/24/08	2008	Gunn Mowery, LLC	Community Banks Insurance Services, LLC	PA	Independent Agency/Broker	Retail	P&C
07/23/08	2008	H.I.G. Capital LLC	AmerisourceBergen Corporation (PMSI)	FL	Other Buyer	Retail	P&C
07/17/08	2008	Global Risk Holdings, LLC	Express Personnel Services, Inc. (Tallahassee divisional assets)	FL	Other Buyer	Retail	P&C
07/16/08	2008	Keenan and Associates	Walker & Associates	CA	Independent Agency/Broker	Retail	P&C
07/15/08	2008	Alternative Service Concepts, LLC	Express Personnel Services, Inc. (book of business)		Independent Agency/Broker	Wholesale	Multi Line
07/14/08	2008	Golden Gate Capital	National Warranty Corporation	OR	Other Buyer	Retail	P&C
07/11/08	2008	SeaBright Insurance Holdings, Inc.	Black/White Group (3 entities)		Insurance Company	Wholesale	P&C
07/08/08	2008	Warner Pacific Insurance Services Inc.	WellPoint, Inc. (non-WellPoint carrier contracts)		Independent Agency/Broker	Wholesale	EB & Consulting
07/08/08	2008	Wells Fargo & Company	American Med-Scan, Inc.	IN	Bank or Thrift	Retail	EB & Consulting
07/07/08	2008	Hub International Limited	United Benefit Consulting, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
07/03/08	2008	NBT Bancorp Inc.	Mang Insurance Agency LLC	NY	Bank or Thrift	Retail	P&C
07/02/08	2008	Beacon Bancorp	Farrell Backlund Insurance Agency, LLC	MA	Bank or Thrift	Retail	P&C
07/02/08	2008	BenefitMall	BenefitPort Southwest	TX	Independent Agency/Broker	Wholesale	EB & Consulting
07/01/08	2008	Arrow Financial Corporation	U.S. Benefits, Inc. (operating assets)	NY	Bank or Thrift	Retail	EB & Consulting