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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
11/01/07	2007	Hub International Limited	FLF Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
11/01/07	2007	KNBT Bancorp, Inc.	Hafer & Company Employee Benefits Division	PA	Bank or Thrift	Retail	EB & Consulting
11/01/07	2007	Partners Advantage Insurance Services, LLC	Maxx Financial Partners, LLC	ND	Independent Agency/Broker	Wholesale	EB & Consulting
10/31/07	2007	AssuranceAmerica Corporation	Bush Insurance Agency	AL	Insurance Company	Retail	P&C
10/31/07	2007	Stewart Information Services Corporation	Safford Title Agency	AZ	Insurance Company	Retail	P&C
10/25/07	2007	Arthur J. Gallagher & Co.	Cedar Hill Insurance Agency, Inc.	AZ	Public Broker	Retail	P&C
10/22/07	2007	1st Source Corporation	Insurit Inc.	IN	Bank or Thrift
10/22/07	2007	Undisclosed Buyer	Hagen Insurance, Inc.	AK	Other Buyer	Retail	P&C
10/22/07	2007	Wells Fargo & Company	Arthur J. Gallagher & Company (healthcare practice book of business)	NC	Bank or Thrift	Retail	EB & Consulting
10/18/07	2007	AmWINS Group	London American General Agency Inc.	CA	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
10/10/07	2007	First Mercury Financial Corporation	American Management Corporation	AR	Insurance Company	Wholesale	P&C
10/09/07	2007	USI Holdings Corporation	Armitage & Co, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
10/08/07	2007	Brown & Brown, Inc.	Professional Risk Managers, Inc.	NY	Public Broker	Retail	P&C
10/05/07	2007	Beneficial Mutual Bancorp, Inc. (MHC)	CLA Agency, Inc.	PA	Bank or Thrift	Retail	P&C
10/03/07	2007	SEFCU	Colonial Insurance Agency, LLC	NY	Other Buyer	Retail	P&C
10/02/07	2007	Huntington Bancshares Incorporated	Archer-Meek-Weiler Agency, Inc.	OH	Bank or Thrift	Retail	P&C
10/01/07	2007	Arthur J. Gallagher & Co.	BIS Insurance Services, Inc.	CA	Public Broker	Retail	EB & Consulting
10/01/07	2007	Brown & Brown, Inc.	Island Risk Management Associates, Inc.	NY	Public Broker	Retail	P&C
10/01/07	2007	Brown & Brown, Inc.	JPMorgan Insurance Agency Inc.'s P&C brokerage business	DE	Public Broker	Retail	P&C
10/01/07	2007	E. Prescott Engle, LLC	Paxson & Hawthorne, Inc.	VA	Other Buyer	Retail	P&C
10/01/07	2007	Eastern Bank Corporation	Hokanson Insurance Agency, Inc.	MA	Bank or Thrift
10/01/07	2007	Lawson-Hawks Insurance Associates, Inc.	Stephens and Long Insurance Brokerage Agency	CA	Independent Agency/Broker	Retail	P&C
10/01/07	2007	Lincoln Bancorp	Petersen-Hill Insurance	IA	Bank or Thrift
10/01/07	2007	PMA Capital Corporation	Midlands Management Corporation	OK	Insurance Company	Wholesale	P&C
10/01/07	2007	Shore Bancshares, Inc.	Jack Martin & Associates	MD	Bank or Thrift	Retail	P&C
10/01/07	2007	Shore Bancshares, Inc.	TSGIA, Inc. & Subsidiaries	MD	Bank or Thrift	Wholesale	P&C
09/28/07	2007	BB&T Corporation	Sidney O. Smith, Inc.	GA	Bank or Thrift	Retail	P&C
09/28/07	2007	Brown & Brown, Inc.	Tavor Corp.	NJ	Public Broker	Retail	P&C
09/28/07	2007	First Community Bancshares, Inc.	GreenPoint Insurance Group, Inc.	NC	Bank or Thrift	Retail	P&C
09/27/07	2007	Brooke Corporation	J & P Holdings Inc. (60 insurance agency locations)		Other Buyer	Retail	P&C
09/26/07	2007	Arthur Agency	Coal River Insurance Company	WV	Independent Agency/Broker
09/26/07	2007	First M&F Corporation	Undisclosed Insurance Agency (insurance accounts)	MS	Bank or Thrift
09/20/07	2007	Brown & Brown, Inc.	Security Insurance, Inc. II	TN	Public Broker	Retail	P&C
09/20/07	2007	Brown & Brown, Inc.	Security Risk Managers, Inc.	TN	Public Broker	Retail	P&C
09/17/07	2007	LTC Global Solutions, Inc.	Bob White Benefits, L.L.C.	TX	Independent Agency/Broker
09/14/07	2007	Sanders Morris Harris Group Inc.	Dickenson & Associates	OH	Other Buyer	Retail	EB & Consulting
09/13/07	2007	Hilb Rogal & Hobbs Company	Banc of America Corporate Insurance Agency, LLC	NJ	Public Broker	Retail	P&C
09/12/07	2007	Ottawa-Kent Insurance Agency, Inc.	ChoiceOne Insurance Agencies, Inc (P&C business)		Independent Agency/Broker	Retail	P&C
09/12/07	2007	Smithtown Bancorp, Inc.	Payne & Palmieri, Inc.	NY	Bank or Thrift	Retail	P&C
09/11/07	2007	NFP Corp.	Pro Financial Services, Inc.	IL	Public Broker	Wholesale	EB & Consulting
09/10/07	2007	Wachovia Corporation	Puckett Group, Inc.	SC	Bank or Thrift	Retail	P&C
09/07/07	2007	Endurance Specialty Holdings Ltd.	ARMtech Insurance Services, Inc.	TX	Insurance Company	Wholesale	P&C
09/06/07	2007	AssuranceAmerica Corporation	Covenant Insurance Group	AL	Insurance Company	Retail	P&C
09/01/07	2007	Myers & Smith Insurance Agency Inc	Sacksteder Insurance Agency	OH	Independent Agency/Broker
09/01/07	2007	Tompkins Financial Corporation	Flint-Farrell Insurance Agency, Inc.	NY	Bank or Thrift
08/31/07	2007	BancorpSouth, Inc.	Insurance Network, Inc.	AR	Bank or Thrift	Wholesale	P&C
08/31/07	2007	Brown & Brown, Inc.	Market Solution Managers Inc.		Public Broker
08/31/07	2007	Brown & Brown, Inc.	Princeton Risk Managers, Inc.	NJ	Public Broker	Wholesale	P&C
08/31/07	2007	Management group	Acorn, Inc.	IL	Independent Agency/Broker
08/30/07	2007	Northeast Bancorp	Hartford Insurance Agency	ME	Bank or Thrift	Retail	P&C
08/20/07	2007	Münchener Rückversicherungs-Gesellschaft	Cairnstone Inc.	FL	Insurance Company	Wholesale	EB & Consulting
08/15/07	2007	Brown & Brown, Inc.	Muirfeld Insurance Inc.	KY	Public Broker	Retail	P&C
08/13/07	2007	Comegys Insurance Agency, Inc.	Florida Contractor Insurance, Inc.	FL	Independent Agency/Broker	Retail	P&C
08/06/07	2007	Hub International Limited	Jacobs & Jacobs, Inc.	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/06/07	2007	Hub International Limited	Templeton Southwest Insurance Agency , Inc.	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/07	2007	Arthur J. Gallagher & Co.	Strategic Health Plans Corporation	IN	Public Broker	Retail	EB & Consulting
08/01/07	2007	Brown & Brown, Inc.	Weilage Benefit Specialists, Inc.	KY	Public Broker	Retail	EB & Consulting
08/01/07	2007	Fidelity National Financial, Inc.	ATM Holdings, Inc.	NV	Insurance Company
08/01/07	2007	Hub International Limited	Rigg Group	TX	Independent Agency/Broker- Private Capital Backed	Retail	P&C
08/01/07	2007	National City Corporation	Thompson Associates, Inc.	KY	Bank or Thrift	Retail	EB & Consulting
08/01/07	2007	Watkins Insurance Group	Matz Insurance Agency LLC	TX	Independent Agency/Broker	Retail	P&C
07/31/07	2007	Bollinger, Inc.	William J. Redmond & Associates, Inc.	NJ	Independent Agency/Broker	Retail	P&C
07/31/07	2007	Hilb Rogal & Hobbs Company	Brown/Raynor Corporation	CO	Public Broker	Retail	P&C
07/31/07	2007	PSA Financial Center, Inc.	RSMIS Benefits brokerage and consulting business	MD	Independent Agency/Broker	Retail	EB & Consulting
07/25/07	2007	Evans Bancorp, Inc.	L.R. Frank & Associates, Inc.	NY	Bank or Thrift
07/25/07	2007	Hilb Rogal & Hobbs Company	Resource Group, L.C.	KS	Public Broker	Retail	EB & Consulting
07/24/07	2007	Berkshire Hathaway Inc.	Boat America Corporation	VA	Insurance Company	Retail	P&C
07/20/07	2007	Brooke Corporation	Undisclosed Seller (six insurance agencies)	OK	Other Buyer
07/19/07	2007	Hiscox Ltd.	Aon Corporation (portfolio of kidnap and ransom business)		Insurance Company	Retail	P&C
07/16/07	2007	Arthur J. Gallagher & Co.	Spanjers Insurance Agency, Inc.	MN	Public Broker	Retail	P&C
07/11/07	2007	U.S. Risk Insurance Group, Inc.	Boston Insurance Brokerage, Inc.	MA	Independent Agency/Broker	Wholesale	P&C
07/09/07	2007	Delek Group Ltd.	Southern States General Agency, Inc.	LA	Other Buyer	Wholesale	P&C
07/05/07	2007	Hub International Limited	Hudson Eldridge Insurance Agency Inc.	MA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/05/07	2007	Hub International Limited	Steel City Agency	CO	Independent Agency/Broker- Private Capital Backed	Retail	P&C
07/02/07	2007	James River Group, Inc.	Align Financial Group	CA	Insurance Company
07/02/07	2007	Marshall & Sterling Insurance, Inc.	Putnam Benefits and Insurance Agency, Inc.	NY	Independent Agency/Broker
07/01/07	2007	Assurex International Corp.	BIG Group, LLC	TN	Independent Agency/Broker
07/01/07	2007	Assurex International Corp.	CLS Benefit Solutions, Inc.	IN	Independent Agency/Broker	Retail	EB & Consulting
06/30/07	2007	Undisclosed buyer	MB Financial, Inc. (insurance brokerage business)		Other Buyer
06/29/07	2007	Temple-Inland, Inc.	Hilliard Box Insurance	TX	Bank or Thrift	Retail	P&C
06/28/07	2007	Northeast Bancorp	Russell Insurance Agency	ME	Bank or Thrift	Retail	P&C
06/27/07	2007	BB&T Corporation	Carswell Insurance Services	SC	Bank or Thrift	Retail	P&C
06/25/07	2007	AmTrust Financial Services, Inc.	Associated Industries Insurance Services, Inc.	FL	Insurance Company	Wholesale	P&C
06/25/07	2007	Anthony Clark International Insurance Brokers Ltd.	Brooke Franchise Corporation (fixed assets and customer accounts of Low Cost Insurance Services, Inc.)		Independent Agency/Broker	Retail	P&C
06/22/07	2007	LTC Global Solutions, Inc.	Gelbwaks Insurance Services	FL	Independent Agency/Broker	Retail	EB & Consulting
06/22/07	2007	Wells Fargo & Company	Universal Insurance Services, Inc.	MI	Bank or Thrift	Retail	P&C
06/20/07	2007	EPIC (Edgewood Partners Insurance Center)	Calco Insurance Brokers & Agents, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/18/07	2007	J. Smith Lanier & Co.	Powell-Walton-Milward	KY	Independent Agency/Broker	Retail	P&C
06/15/07	2007	Markel Corporation	Cambridge Alliance	VT	Insurance Company	Wholesale	P&C
06/05/07	2007	Hilb Rogal & Hobbs Company	Charlton Manley Insurance, Inc.	KS	Public Broker	Retail	P&C
06/04/07	2007	Myers, Reese, Smith & Chester, Inc.	Insurance Partners Agency	OH	Independent Agency/Broker	Retail	P&C
06/04/07	2007	Riggs, Counselman, Michaels & Downes, Incorporated	JZA, Inc.	MD	Independent Agency/Broker
06/01/07	2007	Alliant Insurance Services	Alliant Insurance Services, Inc.	CA	Independent Agency/Broker- Private Capital Backed	Retail	P&C
06/01/07	2007	Arthur J. Gallagher & Co.	Carpenter, Cammack & Associates, Inc.	NC	Public Broker	Retail	P&C
06/01/07	2007	Greylock Insurance Agency	Gallup & Casey Insurance Services, Inc.	MA	Independent Agency/Broker
06/01/07	2007	Norman Spencer McKernan, Inc.	Target Insurance Group	FL	Independent Agency/Broker	Wholesale	P&C
05/31/07	2007	Arthur J. Gallagher & Co.	Woods & Grooms, Inc.	IN	Public Broker	Retail	P&C
05/31/07	2007	NII Brokerage, LLC	RPM Group	NY	Independent Agency/Broker	Retail	P&C
05/31/07	2007	TowneBank	Weber, Pile & Associates	VA	Bank or Thrift	Retail	EB & Consulting
05/31/07	2007	USI Holdings Corporation	PWR Insurance Services, Inc	CA	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
05/30/07	2007	BB&T Corporation	Reese Insurance Associates, Inc.	GA	Bank or Thrift	Retail	P&C
05/29/07	2007	First American Corporation	Harrison Title Agency Ltd.	OH	Insurance Company	Retail	P&C
05/22/07	2007	Hilb Rogal & Hobbs Company	Urman Company	CO	Public Broker	Retail	EB & Consulting
05/14/07	2007	AmWINS Group	American Equity Underwriters Inc	AL	Independent Agency/Broker- Private Capital Backed	Wholesale	P&C
05/07/07	2007	Universal American Financial Corp.	MemberHealth Inc.	OH	Insurance Company
05/05/07	2007	Wyncrest Group, Inc.	Southwest Financial Group, Inc.	TX	Other Buyer
05/02/07	2007	J.C. Flowers & Co. LLC	BISYS Insurance Services	PA	Other Buyer	Wholesale	P&C
05/02/07	2007	NFP Corp.	3 benefits firms		Public Broker
05/01/07	2007	Arthur J. Gallagher & Co.	Tropp & Company, Inc.	IL	Public Broker	Retail	P&C
05/01/07	2007	FinCor Holdings Inc.	Michigan Health & Hospital Association (Insurance Services & Employee Safety & Disability Management divisions)		Other Buyer	Retail	P&C
05/01/07	2007	Hilb Rogal & Hobbs Company	Global Special Risks, LLC	LA	Public Broker	Wholesale	P&C
05/01/07	2007	USI Holdings Corporation	Steven E. Goldin Insurance, Inc.	FL	Independent Agency/Broker- Private Capital Backed	Retail	EB & Consulting
04/27/07	2007	Summit Financial Group, Inc.	Kelly Insurance Agency, Inc.	VA	Bank or Thrift	Retail	P&C
04/25/07	2007	Symetra Financial Corporation	Medical Risk Managers Inc.	CT	Insurance Company	Wholesale	EB & Consulting
04/18/07	2007	Arthur J. Gallagher & Co.	Melton Insurance Associates, Inc.	TX	Public Broker	Retail	P&C
04/17/07	2007	Johnson Financial Group, Inc.	Peak Benefit Solutions	AZ	Bank or Thrift	Retail	EB & Consulting
04/17/07	2007	Sunmark Federal Credit Union	Hallmark Services Inc.	NY	Other Buyer	Retail	P&C
04/16/07	2007	Meadowbrook Insurance Group, Inc.	U.S. Specialty Underwriters, Inc.	OH	Insurance Company	Wholesale	P&C
04/16/07	2007	Oak Hill Financial, Inc.	Meeker & Meeker Inc.	OH	Bank or Thrift	Retail	P&C
04/11/07	2007	EBSCO Industries, Inc.	ANB Insurance Services, Inc.	AL	Other Buyer	Retail	P&C
04/03/07	2007	American International Group, Inc.	Fairfax Financial Holdings Limited (sSubstantially all assets of SRO Napa)	CA	Insurance Company	Wholesale	P&C
04/03/07	2007	Brown & Brown, Inc.	United Employers Insurance Agency Inc.	TX	Public Broker	Retail	P&C
04/02/07	2007	IBERIABANK Corporation	United Title of Louisiana, Inc.	LA	Bank or Thrift	Retail	P&C
04/01/07	2007	Ahrold · Fay & Co.	Brook E. Rosenberg & Associates, Inc.	IA	Independent Agency/Broker
04/01/07	2007	Brown & Brown, Inc.	Sobel Affiliates, Inc.	NY	Public Broker	Retail	P&C
04/01/07	2007	Security State Bank Holding Company	FPM Insurance Inc.	ND	Bank or Thrift	Retail	P&C
03/31/07	2007	BancFirst Corporation	Armor Assurance Group	OK	Bank or Thrift	Retail	P&C
03/31/07	2007	NFP Corp.	7 undisclosed companies		Public Broker
03/31/07	2007	Undisclosed buyer	DCAP Group, Inc. (book of business)		Other Buyer
03/30/07	2007	Northeast Bancorp	Southern Maine Insurance Agency Inc.	ME	Bank or Thrift	Retail	P&C
03/30/07	2007	Undisclosed buyer	TexCap Insurance Services, LP		Other Buyer
03/28/07	2007	AXIS Capital Holdings Limited	Media/Professional Insurance Inc.	MO	Insurance Company	Wholesale	P&C
03/27/07	2007	Appalachian Underwriters Inc.	Creative Insurance Underwriters, Inc	FL	Independent Agency/Broker	Wholesale	P&C
03/26/07	2007	Alliance Bankshares Corporation	Thomas Agency Inc.	VA	Bank or Thrift	Retail	P&C
03/26/07	2007	Brown & Brown, Inc.	Grinspec, Inc.	NJ	Public Broker	Retail	EB & Consulting
03/14/07	2007	Hub International Limited	BNC Insurance Services, Inc.	AZ	Public Broker	Retail	P&C
03/09/07	2007	Beazley Group, PLC	Sapphire Blue, LLC	IL	Insurance Company	Wholesale	P&C
03/09/07	2007	LTC Global Solutions, Inc.	Senior Wealth Care Insurance Services	TX	Independent Agency/Broker	Retail	EB & Consulting
03/07/07	2007	Markel Corporation	Black/White & Associates Insurance Brokers Inc. (Social Services Program business)		Insurance Company	Wholesale	P&C
03/05/07	2007	UnitedHealth Group Incorporated	Hartford Financial Services Group, Inc. (medical stop loss insurance business)		Insurance Company	Wholesale	EB & Consulting
03/01/07	2007	Arthur J. Gallagher & Co.	ISG International, Inc.	MD	Public Broker	Wholesale	P&C
03/01/07	2007	Arthur J. Gallagher & Co.	Producer's Choice, Inc.	FL	Public Broker	Wholesale	EB & Consulting
03/01/07	2007	Community First Bancshares, Inc.	Brundige Insurance Agency, LLC	TN	Bank or Thrift
03/01/07	2007	HDH Group, Inc.	Byerly Incorporated	PA	Independent Agency/Broker	Retail	P&C
03/01/07	2007	Rush Enterprises, Inc.	Advanced Transportation Insurance Services, Inc.	CA	Other Buyer	Retail	P&C
03/01/07	2007	SeibertKeck Insurance	Best Hoovler McTeague Insurance Services	OH	Independent Agency/Broker	Retail	P&C
02/28/07	2007	American International Group, Inc.	Matrix Direct, Inc.	CA	Insurance Company	Retail	EB & Consulting
02/28/07	2007	NFP Corp.	Golden & Cohen LLC	MD	Public Broker	Retail	EB & Consulting
02/28/07	2007	Stewart Information Services Corporation	Title One of Waupaca	WI	Insurance Company	Retail	P&C
02/28/07	2007	Transatlantic Holdings, Inc.	Professional Risk Management Services, Inc.	VA	Insurance Company	Wholesale	P&C
02/28/07	2007	U.S. Risk Insurance Group, Inc.	E.M. Morrow Insurance General Agency Inc.	CA	Independent Agency/Broker	Wholesale	P&C
02/27/07	2007	M.J. Hall & Company, Inc.	Cravens Leffler & McCormick Insurance Services Inc.	CA	Independent Agency/Broker	Wholesale	P&C
02/27/07	2007	Stewart Information Services Corporation	Hardee County Title & Abstract Company	FL	Insurance Company	Retail	P&C
02/25/07	2007	Maple Tree Acquisition Corp.	Hub International Limited	IL	Other Buyer	Retail	P&C
02/20/07	2007	First Defiance Financial Corp.	Huber, Harger, Welt, & Smith Insurance Agency, Inc.	OH	Bank or Thrift	Retail	P&C
02/15/07	2007	Beecher Carlson Holdings Inc.	T.R. Jones & Company	FL	Independent Agency/Broker	Retail	P&C
02/15/07	2007	Stewart Information Services Corporation	Gulf Coast Title Co. LLC	FL	Insurance Company	Retail	P&C
02/15/07	2007	Stewart Information Services Corporation	Title First Inc.	FL	Insurance Company	Retail	P&C
02/13/07	2007	Hub International Limited	Hibernia Insurance Agency, L.L.C.	LA	Public Broker	Retail	P&C
02/13/07	2007	Johnson & Strachan Inc.	Progressive Management Associates, LLC	VA	Independent Agency/Broker	Retail	EB & Consulting
02/09/07	2007	Brown & Brown, Inc.	ALCOS, Inc.	MI	Public Broker	Retail	P&C
02/08/07	2007	Brown & Brown, Inc.	Shapiro Insurance, Inc.	FL	Public Broker	Retail	P&C
02/08/07	2007	USI Holdings Corporation	H.W. Gates Agency, Inc.	TN	Public Broker	Retail	P&C
02/07/07	2007	Brown & Brown, Inc.	Assets of 3 insurance agencies	LA	Public Broker	Retail	P&C
02/06/07	2007	National Insurance Programs Group, Inc.	TJ Sharp & Associates (assets)	NJ	Independent Agency/Broker	Retail	P&C
02/05/07	2007	Gowrie, Barden & Brett, Inc.	Fisher & Fisher Associates, Inc.	CT	Independent Agency/Broker	Retail	P&C
02/05/07	2007	Johnson Financial Group, Inc.	Kaufman/Haumersen-Johnson Insurance Agency	WI	Bank or Thrift	Retail	P&C
02/01/07	2007	Arthur J. Gallagher & Co.	Elite Benefits Insurance Marketing Services, Inc.	CA	Public Broker	Retail	EB & Consulting
02/01/07	2007	BISYS Group, Inc.	Truckwriters, Inc	GA	Other Buyer	Wholesale	P&C
02/01/07	2007	USI Holdings Corporation	Countrywide Facilities Corporation	NY	Public Broker	Retail	P&C
01/31/07	2007	AJ Lupas Insurance Inc.	First Insurance Center Inc.	PA	Independent Agency/Broker	Retail	P&C
01/31/07	2007	Gateway Financial Holdings, Inc.	Breen Title & Settlement, Inc.	VA	Bank or Thrift	Retail	P&C
01/31/07	2007	Hub International Limited	Bart Proud Insurance Agency, Inc.	NJ	Public Broker	Wholesale	P&C
01/31/07	2007	Wescom Credit Union	Grentner Litzinger Insurance Agency	CA	Other Buyer	Retail	P&C
01/19/07	2007	Community First Bancshares, Inc.	Orma Smith Group, LLC	TN	Bank or Thrift
01/19/07	2007	Watkins Insurance Group	AIC-Sun Belt Group Inc.	TX	Independent Agency/Broker	Retail	P&C
01/16/07	2007	NFP Corp.	Undisclosed Sellers (three insurance brokers)		Public Broker
01/15/07	2007	USI Holdings Corporation	USI Holdings Corporation	NY	Independent Agency/Broker- Private Capital Backed	Retail	P&C
01/11/07	2007	Leavitt Group Enterprises, Inc.	Grant-Hatch & Associates, Inc.	UT	Independent Agency/Broker	Retail	P&C
01/11/07	2007	Rogers Bancshares, Inc.	Triad Title Company	AR	Bank or Thrift	Retail	P&C
01/11/07	2007	Willow Financial Bancorp, Inc.	BeneServ, Inc.	PA	Bank or Thrift	Retail	EB & Consulting
01/10/07	2007	First American Corporation	Complete Title Services LLC	MN	Insurance Company	Retail	P&C
01/09/07	2007	InsuranceOnly, Inc.	Direct Response Insurance Agency	CO	Other Buyer	Retail	EB & Consulting
01/08/07	2007	Texans Credit Union	Curley Insurance Group	TX	Other Buyer	Retail	P&C
01/05/07	2007	Aon Corporation	WedSafe, Inc.		Public Broker	Retail	P&C
01/04/07	2007	Hilb Rogal & Hobbs Company	Nevin Works & Associates Inc.	OR	Public Broker	Retail	EB & Consulting
01/04/07	2007	Stewart Information Services Corporation	Border Title Group	TX	Insurance Company	Retail	P&C
01/03/07	2007	C C Roy Insurance Brokers Inc.	FRO Insurance Brokers Inc.	CA	Independent Agency/Broker	Retail	P&C
01/03/07	2007	National City Corporation	H.E. Hoffman Group Inc.	MO	Bank or Thrift	Retail	EB & Consulting
01/03/07	2007	National City Corporation	Stellar Group	MI	Bank or Thrift	Retail	EB & Consulting
01/03/07	2007	National City Corporation	Valley Financial Group Agency Inc.	OH	Bank or Thrift	Retail	EB & Consulting
01/03/07	2007	USI Holdings Corporation	Sammis, Smith & Brush, Inc.	NY	Public Broker	Retail	P&C
01/02/07	2007	Associates Insurance Agency, Ltd.	Denmark Bancshares, Inc. (book of business)		Independent Agency/Broker
01/02/07	2007	BNP Paribas Group	Contractors Insurance Services, Inc.	OR	Bank or Thrift
01/02/07	2007	BNP Paribas Group	Nabity-Perry Insurance, Inc.	NE	Bank or Thrift	Retail	P&C
01/02/07	2007	NII Brokerage, LLC	Fear & Fear, Inc.	NY	Independent Agency/Broker	Retail	P&C
01/02/07	2007	Regions Financial Corporation	Miles & Finch Inc.	IN	Bank or Thrift	Retail	P&C
01/02/07	2007	Sitzmann Morris & Lavis, Inc.	Benefits Advisory Group	CA	Independent Agency/Broker	Retail	EB & Consulting
01/02/07	2007	Willis Group Holdings Limited	Carter Insurance Group	FL	Public Broker	Wholesale	P&C
01/01/07	2007	Arch Capital Group Ltd.	Wexford Underwriting Managers, Inc.	CA	Insurance Company	Wholesale	P&C