Industry Transactions

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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 Service171
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

<- If necessary, scroll to view table info ->
Announced Date Deal Year Buyer Seller Seller Location Buyer Type Seller Type Seller Line of Business Press Release
07/03/24 2024 ALKEME Holdings Corporation Health BP Independent Agency/Broker Retail EB & Consulting
07/02/24 2024 Foundation Risk Partners, Corp. Undisclosed Insurance Agency Independent Agency/Broker Retail P&C
07/02/24 2024 Marsh & McLennan Companies, Inc. Ameristar Agency, Inc. MN Public Broker Retail P&C Download
07/02/24 2024 Marsh & McLennan Companies, Inc. Hudson Shore Group Inc. NJ Public Broker Retail EB & Consulting Download
07/01/24 2024 Acrisure, LLC Undisclosed Insurance Agency Independent Agency/Broker Retail P&C
07/01/24 2024 AmeriLife Group, L.L.C. MyFedRetirementWerks Independent Agency/Broker Retail EB & Consulting Download
07/01/24 2024 Arrow Financial Assets of A&B Agency, Inc FL Independent Agency/Broker Retail EB & Consulting Download
07/01/24 2024 Arthur J. Gallagher & Co. Cornerstone Commercial & Personal Insurance CA Public Broker Retail P&C Download
07/01/24 2024 BroadStreet Partners, Inc. Asset of Advanced Health Sales & Consulting, LLC Independent Agency/Broker Retail EB & Consulting
07/01/24 2024 BroadStreet Partners, Inc. Assets of Boyd Agency, Inc. Independent Agency/Broker Retail Multi Line
07/01/24 2024 BroadStreet Partners, Inc. Assets of Consolidated Agencies, LLC Independent Agency/Broker Retail P&C
07/01/24 2024 BroadStreet Partners, Inc. Assets of Gary Freeman Insurance GA Independent Agency/Broker Retail P&C
07/01/24 2024 BroadStreet Partners, Inc. Assets of Grand Valley Insurance Services, Inc. OH Independent Agency/Broker Retail P&C
07/01/24 2024 BroadStreet Partners, Inc. Assets of McKellar Insurance LLC Independent Agency/Broker Retail P&C
07/01/24 2024 BroadStreet Partners, Inc. Assets of Monroe Insurance Center, Inc. CT Independent Agency/Broker Retail P&C Download
07/01/24 2024 BroadStreet Partners, Inc. Assets of Robert L. Strohecker Independent Agency/Broker Retail P&C
07/01/24 2024 BroadStreet Partners, Inc. Assets of Wevodau Insurance & Benefit Strategies, Inc. PA Independent Agency/Broker Retail EB & Consulting
07/01/24 2024 BroadStreet Partners, Inc. Helfer Insurance & Financial Services Inc. CT Independent Agency/Broker Retail Multi Line
07/01/24 2024 Keystone Agency Partners LLC Assets of Strausser Insurance Agency, Inc. Independent Agency/Broker Retail Multi Line Download
07/01/24 2024 Nottingham Agency CYA, LLC PA Independent Agency/Broker Retail P&C
07/01/24 2024 Revenue Capital Partners Sunstar Insurance Group, LLC TN Other Buyer Retail P&C Download
07/01/24 2024 Sunstar Insurance Group, LLC Assets of Renasant Insurance, Inc. MS Independent Agency/Broker Retail Multi Line Download
07/01/24 2024 Sunstar Insurance Group/Whitehaven Insurance Group Whitehaven Insurance AL Independent Agency/Broker Retail P&C Download
07/01/24 2024 The Hilb Group, LLC Auto Services Division of Nottingham Insurance Independent Agency/Broker Wholesale P&C Download
07/01/24 2024 TrueNorth Companies LLC Pedersen Insurance IA Independent Agency/Broker Retail P&C Download
07/01/24 2024 TrueNorth Companies LLC StateWide Insurance SD Independent Agency/Broker Retail P&C Download
07/01/24 2024 World Insurance Associates Assets of Denali Specialty Group, LLC MO Independent Agency/Broker Wholesale P&C
06/30/24 2024 Relation Insurance, Inc. Assets of H Group Benefits, Inc. IL Independent Agency/Broker Retail P&C Download
06/28/24 2024 Beyond Risk Agricultural Insurance Management Services NH Independent Agency/Broker MGA P&C Download
06/28/24 2024 Inszone Insurance Services, Inc. First West Insurance Agency, LLC Independent Agency/Broker Retail P&C
06/28/24 2024 Inszone Insurance Services, Inc. Huntington Pacific Insurance Agency CA Independent Agency/Broker Retail P&C
06/25/24 2024 XPT Group LLC Independent Agency/Broker MGA P&C Download
06/25/24 2024 Insurance For Students, In.c Global Secutive, LLC FL Independent Agency/Broker Retail EB & Consulting
06/24/24 2024 Union Bay Risk Advisors LLC Independent Agency/Broker Retail Multi Line Download
06/24/24 2024 USI Insurance Services, LLC Independent Agency/Broker Retail P&C Download
06/24/24 2024 Vantage Insurance Partners, Inc. Independent Agency/Broker Retail P&C
06/24/24 2024 World Insurance Associates, LLC Independent Agency/Broker Retail P&C Download
06/20/24 2024 Woodlands Financial Group Independent Agency/Broker Retail P&C
06/20/24 2024 Woodlands Financial Group Independent Agency/Broker Retail Multi Line
06/18/24 2024 Aon Corporation Southern Insurance Agency, LLC LA Public Broker Retail Multi Line Download
06/18/24 2024 Union Bay Risk Advisors LLC Commercial Insurance Business of Poland & Sullivan Insurance DE Independent Agency/Broker Retail P&C Download
06/13/24 2024 Woodlands Financial Group Independent Agency/Broker Retail Multi Line
06/12/24 2024 Woodlands Financial Group Independent Agency/Broker Retail Multi Line
06/12/24 2024 Deland, Gibson, Meade & Gale Kitchen Table Mutual, Inc. MA Independent Agency/Broker Retail P&C Download
06/11/24 2024 Woodlands Financial Group Independent Agency/Broker Retail Multi Line
06/11/24 2024 Woodlands Financial Group Independent Agency/Broker Retail P&C
06/10/24 2024 The Liberty Company Insurance Brokers, LLC Independent Agency/Broker Retail P&C
06/10/24 2024 Woodlands Financial Group Independent Agency/Broker Retail P&C
06/10/24 2024 HUB International Limited Meyers Glaros IN Independent Agency/Broker Retail Multi Line Download
06/07/24 2024 The Hilb Group, LLC Independent Agency/Broker Retail EB & Consulting
06/07/24 2024 The Liberty Company Insurance Brokers, LLC Independent Agency/Broker Retail P&C Download
06/07/24 2024 ALKEME Holdings Corporation Morris & Templeton Insurance Agency, Inc. GA Independent Agency/Broker Retail P&C Download
06/06/24 2024 Sunstar Insurance Group, LLC First Arkansas Insurance Group, LLC TN Insurance Broker Retail P&C Download
06/06/24 2024 The Carlyle Group Inc. The assets of German American Insurance, Inc. VA Insurance Broker Retail Multi Line Download
06/05/24 2024 Rooker, Downing & Booth Insurance Agency Charles Tomberlain Insurance Agency TX Insurance Broker Retail P&C Download
06/05/24 2024 SageSure Independent Agency/Broker MGA P&C Download
06/05/24 2024 Sammons Financial Group Insurance Company MGA EB & Consulting Download
06/05/24 2024 Hub International Limited Assets of Combined Benefits Inc. CA Independent Agency/Broker Retail P&C Download
06/05/24 2024 Hub International Limited Combined Commercial Insurance Services LLC CA Independent Agency/Broker Retail EB & Consulting Download
06/04/24 2024 Private investor Other Buyer Retail P&C
06/04/24 2024 Relation Insurance, Inc. Independent Agency/Broker Retail P&C
06/04/24 2024 Reliance Global Group, Inc. Other Buyer Retail EB & Consulting Download
06/04/24 2024 Risk Strategies Company, LLC Independent Agency/Broker Retail P&C Download
06/04/24 2024 Peter C. Foy & Associates Insurance Services, LLC Ignitist Inc. PA Independent Agency/Broker Retail EB & Consulting
06/03/24 2024 PCF Insurance Services of the West, LLC Roseberry Insurance Agency UT Insurance Broker Retail P&C Download
06/03/24 2024 PCF Insurance Services of the West, LLC The Brady Agency Retail P&C Download
06/03/24 2024 PCF Insurance Services of the West, LLC The Sinnott Agency, Inc. UT Insurance Broker Retail P&C Download
06/03/24 2024 Peter C. Foy & Associates Insurance Services, LLC Independent Agency/Broker Retail P&C Download
06/03/24 2024 Private Investor - Nathan Dagley Dagley Insurance Agency, LLC Retail P&C Download
06/03/24 2024 Choice Financial Group Morrison insurance Agency, Inc. LA Independent Agency/Broker Retail P&C
06/03/24 2024 Hub International Limited Assets of Skinner & Company, Inc. GA Independent Agency/Broker Retail P&C Download
06/02/24 2024 Peter C. Foy & Associates Insurance Services, LLC Independent Agency/Broker Retail P&C Download
06/01/24 2024 PCF Insurance Services of the West, LLC Ignitist Inc. UT Insurance Broker Retail EB & Consulting Download
06/01/24 2024 Peter C. Foy & Associates Insurance Services, LLC Independent Agency/Broker Retail EB & Consulting Download
06/01/24 2024 Acrisure, LLC Undisclosed Insurance Agency Independent Agency/Broker Retail P&C
06/01/24 2024 BroadStreet Partners, Inc. Al Shank Insurance, Inc. KS Independent Agency/Broker Retail P&C
06/01/24 2024 Peter C. Foy & Associates Insurance Services, LLC Montalvo Insurance Agency TX Independent Agency/Broker Retail P&C Download
06/01/24 2024 Sunstar Insurance Group, LLC Blumberg and Associates, Inc. LA Independent Agency/Broker Retail P&C
06/01/24 2024 Sunstar Insurance Group, LLC Undisclosed Insurance Agency Independent Agency/Broker Retail P&C
05/31/24 2024 Onex Corporation CAL Insurance & Associates, Inc. GA Insurance Broker Retail P&C Download
05/31/24 2024 Onex Corporation MBPD Holdings, Inc. GA Insurance Broker Retail Multi Line Download
05/31/24 2024 Patriot Growth Insurance Services, LLC Independent Agency/Broker Retail P&C Download
05/31/24 2024 ALKEME Holdings Corporation Summit Insurance Group, LLC NY Independent Agency/Broker Retail EB & Consulting Download
05/31/24 2024 Aon Corporation The Morley Agency, Inc. KS Public Broker Retail P&C Download
05/31/24 2024 Relation Insurance, Inc. York Insurance Services MD Independent Agency/Broker Retail P&C Download
05/30/24 2024 Oakbridge Insurance Agency LLC Independent Agency/Broker Retail P&C Download
05/30/24 2024 Oakbridge Insurance Agency LLC Independent Agency/Broker Retail P&C Download
05/29/24 2024 NFP Corp. Martin / Wight & Company, LLC NY Retail EB & Consulting Download
05/29/24 2024 NSM Insurance Group, Inc. Strategic Underwriters International, Inc. PA Insurance Broker MGA P&C Download
05/28/24 2024 Aon Corporation Public Broker Retail Multi Line Download
05/28/24 2024 MRI Software LLC Insurent Agency Corporation OH Software and Services Retail P&C Download
05/23/24 2024 Marsh & McLennan Companies, Inc. Public Broker Retail P&C Download
05/23/24 2024 MountainOne Bank Bank or Thrift Retail EB & Consulting Download
05/22/24 2024 Marsh & McLennan Companies, Inc. Perkins Insurance Agencies, LLC NY Insurance Broker Retail P&C Download
05/21/24 2024 Marsh & McLennan Companies, Inc. Public Broker Retail P&C Download
05/21/24 2024 Marsh & McLennan Companies, Inc. Public Broker Retail Multi Line Download
05/21/24 2024 Hub International Limited Sadler & Company Insurance Brokers, Inc. CA Independent Agency/Broker MGA P&C
05/20/24 2024 Leavitt Group Enterprises, Inc. Independent Agency/Broker Retail P&C Download
05/16/24 2024 Leavitt Group Enterprises, Inc. Independent Agency/Broker Retail P&C Download
05/16/24 2024 Leavitt Group Enterprises, Inc. Independent Agency/Broker Retail P&C Download
05/16/24 2024 Leavitt Group Enterprises, Inc. Seltzer Financial Strategies Retail EB & Consulting Download
05/15/24 2024 Leavitt Group Enterprises, Inc. Independent Agency/Broker Retail Multi Line Download
05/15/24 2024 Leavitt Group Enterprises, Inc. Independent Agency/Broker Retail Multi Line Download
05/15/24 2024 Inszone Insurance Services, Inc. Beswick Insurance Services, Inc. CA Independent Agency/Broker Retail P&C
05/15/24 2024 Inszone Insurance Services, Inc. Telerate Insurance Services, Inc. CA Independent Agency/Broker Retail Multi Line
05/14/24 2024 King Insurance Agency, Inc. Independent Agency/Broker Retail Multi Line Download
05/14/24 2024 King Insurance Agency, Inc. Independent Agency/Broker Retail P&C Download
05/10/24 2024 King Insurance Agency, Inc. Independent Agency/Broker Retail P&C
05/10/24 2024 ALKEME Holdings Corporation Keeler & Associates Co. Independent Agency/Broker Retail EB & Consulting
05/09/24 2024 Keystone Agency Partners LLC Mid-States Agencies, Inc. PA Insurance Broker Retail P&C
05/09/24 2024 King Insurance Agency, Inc. Independent Agency/Broker Retail Multi Line Download
05/07/24 2024 Keystone Agency Partners LLC Assets of Combined Insurance PA Insurance Broker Retail P&C
05/07/24 2024 Keystone Agency Partners LLC Assets of KNH Insurance Services, Inc. PA Insurance Broker Retail Multi Line
05/07/24 2024 Keystone Agency Partners LLC Assets of Schatz Enterprises, LLC d/b/a The Paladin Group PA Insurance Broker Retail P&C
05/07/24 2024 Keystone Agency Partners LLC Assets of Suntree Insurance, LLC PA Insurance Broker Retail P&C Download
05/07/24 2024 Keystone Agency Partners LLC Independent Agency/Broker Retail Multi Line
05/07/24 2024 Keystone Agency Partners LLC Independent Agency/Broker Retail P&C
05/07/24 2024 High Street Insurance Partners, LLC Rise Partners KY Independent Agency/Broker Retail Multi Line Download
05/06/24 2024 Keystone Agency Partners LLC Assets of A & C Insurance, Inc. PA Insurance Broker Retail P&C Download
05/06/24 2024 Keystone Agency Partners LLC Assets of Anthony V. Ventimiglia PA Insurance Broker Retail P&C
05/06/24 2024 Keystone Agency Partners LLC Independent Agency/Broker Retail P&C
05/06/24 2024 Risk Strategies Company, LLC Independent Agency/Broker Retail P&C Download
05/03/24 2024 Integrity Marketing Group LLC Independent Agency/Broker Wholesale EB & Consulting Download
05/03/24 2024 Integrity Marketing Group LLC Independent Agency/Broker Wholesale EB & Consulting Download
05/02/24 2024 Integrity Marketing Group LLC IDEA Insurance Agency Wholesale EB & Consulting Download
05/02/24 2024 Integrity Marketing Group LLC Independent Agency/Broker Wholesale EB & Consulting Download
05/02/24 2024 Integrity Marketing Group LLC Independent Agency/Broker Wholesale EB & Consulting Download
05/02/24 2024 Integrity Marketing Group LLC Independent Agency/Broker Wholesale EB & Consulting Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail EB & Consulting Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail Multi Line Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail Multi Line Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail Multi Line Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C
05/01/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C
05/01/24 2024 Inszone Insurance Services, Inc. John Henry Insurance Services, LLC CA Insurance Broker Retail EB & Consulting Download
05/01/24 2024 Inszone Insurance Services, Inc. T Blackwell Insurance Group LLC CA Insurance Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Welcome Insurance Agency CA Insurance Broker Retail P&C Download
05/01/24 2024 Integrity Marketing Group LLC Independent Agency/Broker Wholesale EB & Consulting Download
05/01/24 2024 AssuredPartners, Inc. TPB Insurance Group, Inc. TX Independent Agency/Broker Retail P&C
05/01/24 2024 BroadStreet Partners, Inc. Aspen Ridge Insurance, LLC Independent Agency/Broker Retail P&C
05/01/24 2024 BroadStreet Partners, Inc. Certain Insurance Assets Independent Agency/Broker Retail P&C
05/01/24 2024 Heffernan Insurance Brokers Costello Insurance Associates, Inc. FL Independent Agency/Broker Retail P&C Download
05/01/24 2024 Inszone Insurance Services, Inc. Cascade Insurance Center LLC OR Independent Agency/Broker Retail EB & Consulting
05/01/24 2024 Relation Insurance, Inc. P. Allen Haney Company MD Independent Agency/Broker Retail Multi Line
05/01/24 2024 Relation Insurance, Inc. The Haney Company, Inc MD Independent Agency/Broker Retail Multi Line Download
04/30/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
04/30/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail Multi Line Download
04/25/24 2024 Hub International Limited Independent Agency/Broker Retail P&C Download
04/25/24 2024 HUB International Limited The Essex Agency, Inc. MA Insurance Broker Retail P&C Download
04/25/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
04/25/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail P&C Download
04/25/24 2024 Inszone Insurance Services, Inc. Independent Agency/Broker Retail Multi Line
04/24/24 2024 HUB International Limited GMG Group, Inc. IL Insurance Broker Retail Multi Line Download
04/23/24 2024 HUB International Limited Assets of Symphony Financial & Insurance Services IL Insurance Broker Retail EB & Consulting Download
04/23/24 2024 HUB International Limited Assets of True North Group IL Insurance Broker Retail Multi Line Download
04/23/24 2024 HUB International Limited Assets of William R. Cargill Insurance Agency, Inc MA Insurance Broker Retail P&C Download
04/23/24 2024 Hub International Limited Independent Agency/Broker Retail Multi Line Download
04/23/24 2024 Hub International Limited Independent Agency/Broker Retail Multi Line Download
04/22/24 2024 Hub International Limited Independent Agency/Broker Retail P&C Download
04/19/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail P&C Download
04/19/24 2024 Hub International Limited Independent Agency/Broker Retail P&C Download
04/18/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail P&C
04/18/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Wholesale P&C
04/17/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail P&C
04/16/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail P&C
04/16/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail P&C
04/16/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail Multi Line Download
04/15/24 2024 High Street Insurance Partners, LLC Independent Agency/Broker Retail P&C
04/11/24 2024 Higginbotham & Associates, Inc. Independent Agency/Broker Retail Multi Line Download
04/11/24 2024 Higginbotham & Associates, Inc. Independent Agency/Broker Retail P&C Download
04/10/24 2024 Higginbotham & Associates, Inc. Independent Agency/Broker Retail EB & Consulting Download
04/10/24 2024 Higginbotham & Associates, Inc. Independent Agency/Broker Retail Multi Line Download
04/09/24 2024 Guild Holdings Company Other Buyer Retail P&C Download
04/09/24 2024 Gunn Mowery, LLC Assets of Central Penn Benefits PA Insurance Broker Retail EB & Consulting Download
04/09/24 2024 Gunn Mowery, LLC Wagner-Giblin Insurance Retail Multi Line Download
04/09/24 2024 Henriott Group, Inc. Independent Agency/Broker Retail P&C Download
04/09/24 2024 Higginbotham & Associates, Inc. Independent Agency/Broker Retail Multi Line Download
04/08/24 2024 DOXA Insurance Holdings LLC Independent Agency/Broker MGA P&C Download
04/08/24 2024 Farmers Mutual Hail Insurance Company of Iowa Insurance Company Wholesale P&C Download
04/08/24 2024 FernRock Risk Partners Independent Agency/Broker Retail Multi Line
04/08/24 2024 Fortis Capital Advisors, LLC ClearPath Financial, LLC KS Retail Multi Line Download
04/04/24 2024 DOXA Insurance Holdings LLC CPH & Associates Insurance Agency, Inc. IN MGA P&C Download
04/04/24 2024 DOXA Insurance Holdings LLC Independent Agency/Broker Wholesale P&C Download
04/04/24 2024 OneDigital Health and Benefits Independent Agency/Broker Retail EB & Consulting Download
04/03/24 2024 Chubb Insurance Company MGA P&C Download
04/03/24 2024 Cross Point Insurance Advisors, LLC Independent Agency/Broker Retail Multi Line
04/03/24 2024 OneDigital Health and Benefits Independent Agency/Broker Retail Multi Line Download
04/02/24 2024 Choice Financial Group Independent Agency/Broker Retail P&C
04/01/24 2024 BroadStreet Partners, Inc. Independent Agency/Broker Retail P&C
04/01/24 2024 BroadStreet Partners, Inc. McCrary-Daniels Insurance Agency, Inc. GA Insurance Broker Retail Multi Line
04/01/24 2024 BroadStreet Partners, Inc. SevenHills Partners, Inc. MN Insurance Broker Retail EB & Consulting
04/01/24 2024 BroadStreet Partners, Inc. Undisclosed Insurance Agancy OH Insurance Broker Retail P&C
04/01/24 2024 BroadStreet Partners, Inc. Undisclosed Insurance Agancy OH Insurance Broker Retail P&C
04/01/24 2024 Brown & Brown, Inc. Assets of McNamara Company FL Insurance Broker Retail Multi Line Download
04/01/24 2024 Brown & Brown, Inc. Public Broker Retail P&C Download