Industry Transactions

Industry Transaction Details (as of June 30, 2024)

Who’s Buying
Insurance Brokerage475
Insurance Carrier and Other11
Banks and Thrifts4
What’s Being Bought
Full Service101
P&C292
Employee Benefits97
Retail vs. Specialty
Retail408
Specialty82

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 6/30/2024.

Source: S&P Global Market Intelligence, Insurance Journal, and other publicly available sources

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Announced DateDeal YearBuyerSellerSeller LocationBuyer TypeSeller TypeSeller Line of BusinessPress Release
09/01/242024King Insurance Agency, Inc.Undisclosed Insurance AgencyIndependent Agency/BrokerRetailP&C
09/01/242024The Hilb Group, LLCBayou Worksite and Enrollment SollutionsTXIndependent Agency/BrokerRetailEB & Consulting
08/30/242024ALKEME Holdings CorporationThe Sarrica Group Inc.NYIndependent Agency/BrokerRetailP&CDownload
08/16/242024The Hilb Group, LLCCore Enrollment SolutionsSCIndependent Agency/BrokerRetailEB & Consulting
08/16/242024The Hilb Group, LLCPalmetto Benefit Solutions, LLCSCIndependent Agency/BrokerRetailEB & Consulting
08/16/242024The Hilb Group, LLCSags Joint Venture, LLCSCIndependent Agency/BrokerRetailP&C
08/15/242024Inszone Insurance Services, Inc.Nugent Insurance Brokers, LLCCAIndependent Agency/BrokerRetailP&C
08/08/242024Patriot Growth Insurance ServicesHarvey Insurance Agency, Inc.WAIndependent Agency/BrokerRetailP&CDownload
08/01/242024Foundation Risk Partners, Corp.Undisclosed Insurance AgencyIndependent Agency/BrokerRetailP&C
08/01/242024High Street Insurance PartnersAllen & Associates Insurance, Inc.ORIndependent Agency/BrokerRetailEB & Consulting
08/01/242024Hub International LimitedUndisclosed Insurance AgencyIndependent Agency/BrokerRetailP&C
08/01/242024LLR Partners, Inc.Nonstop Administration and Insurance Services, Inc.CAOther BuyerRetailEB & Consulting
08/01/242024Oakbridge Insurance Agency LLCUndisclosed Insurance AgencyIndependent Agency/BrokerRetailP&C
08/01/242024The Hilb Group, LLCVoluntary Employee Benefits Book of BusinessIndependent Agency/BrokerRetailEB & Consulting
08/01/242024The Hilb Group, LLCWorksite and Voluntary Benefits AgencyIndependent Agency/BrokerRetailEB & Consulting
08/01/242024The Hilb Group, LLCWorksite and Voluntary Benefits Enrollment BusinessIndependent Agency/BrokerRetailEB & Consulting
08/01/242024World Insurance Associates, LLCBusiness of Skylands Insurance GroupNJIndependent Agency/BrokerRetailMulti LineDownload
08/01/242024World Insurance Associates, LLCSprague Israel Giles, Inc.WAIndependent Agency/BrokerRetailMulti LineDownload
07/31/242024Risk Strategies CompanyGeorge W. Blaisdell InsuranceNHIndependent Agency/BrokerRetailEB & ConsultingDownload
07/15/242024Inszone Insurance Services/Schmoekel Insurance AgencySchmoekel Insurance AgencyCAIndependent Agency/BrokerRetailP&CDownload
07/03/242024ALKEME Holdings CorporationHealth BPIndependent Agency/BrokerRetailEB & Consulting
07/01/242024Arrow FinancialAssets of A&B Agency, IncFLIndependent Agency/BrokerRetailEB & ConsultingDownload
07/01/242024BroadStreet Partners, Inc.Assets of Gary Freeman InsuranceGAIndependent Agency/BrokerRetailP&C
07/01/242024BroadStreet Partners, Inc.Helfer Insurance & Financial Services Inc.CTIndependent Agency/BrokerRetailMulti Line
07/01/242024Sunstar Insurance Group/Whitehaven Insurance GroupWhitehaven InsuranceALIndependent Agency/BrokerRetailP&CDownload
06/25/242024XPT Group LLCIndependent Agency/BrokerMGAP&CDownload
06/24/242024Union Bay Risk Advisors LLCIndependent Agency/BrokerRetailMulti LineDownload
06/24/242024USI Insurance Services, LLCIndependent Agency/BrokerRetailP&CDownload
06/24/242024Vantage Insurance Partners, Inc.Independent Agency/BrokerRetailP&C
06/24/242024World Insurance Associates, LLCIndependent Agency/BrokerRetailP&CDownload
06/20/242024Woodlands Financial GroupIndependent Agency/BrokerRetailP&C
06/20/242024Woodlands Financial GroupIndependent Agency/BrokerRetailMulti Line
06/18/242024Union Bay Risk Advisors LLCCommercial Insurance Business of Poland & Sullivan InsuranceDEIndependent Agency/BrokerRetailP&CDownload
06/13/242024Woodlands Financial GroupIndependent Agency/BrokerRetailMulti Line
06/12/242024Woodlands Financial GroupIndependent Agency/BrokerRetailMulti Line
06/11/242024Woodlands Financial GroupIndependent Agency/BrokerRetailMulti Line
06/11/242024Woodlands Financial GroupIndependent Agency/BrokerRetailP&C
06/10/242024The Liberty Company Insurance Brokers, LLCIndependent Agency/BrokerRetailP&C
06/10/242024Woodlands Financial GroupIndependent Agency/BrokerRetailP&C
06/07/242024The Hilb Group, LLCIndependent Agency/BrokerRetailEB & Consulting
06/07/242024The Liberty Company Insurance Brokers, LLCIndependent Agency/BrokerRetailP&CDownload
06/06/242024Sunstar Insurance Group, LLCFirst Arkansas Insurance Group, LLCTNInsurance BrokerRetailP&CDownload
06/06/242024The Carlyle Group Inc.The assets of German American Insurance, Inc.VAInsurance BrokerRetailMulti LineDownload
06/05/242024Rooker, Downing & Booth Insurance AgencyCharles Tomberlain Insurance AgencyTXInsurance BrokerRetailP&CDownload
06/05/242024SageSureIndependent Agency/BrokerMGAP&CDownload
06/05/242024Sammons Financial GroupInsurance CompanyMGAEB & ConsultingDownload
06/04/242024Private investorOther BuyerRetailP&C
06/04/242024Relation Insurance, Inc.Independent Agency/BrokerRetailP&C
06/04/242024Reliance Global Group, Inc.Other BuyerRetailEB & ConsultingDownload
06/04/242024Risk Strategies Company, LLCIndependent Agency/BrokerRetailP&CDownload
06/04/242024Peter C. Foy & Associates Insurance Services, LLCIgnitist Inc.PAIndependent Agency/BrokerRetailEB & Consulting
06/03/242024PCF Insurance Services of the West, LLCRoseberry Insurance AgencyUTInsurance BrokerRetailP&CDownload
06/03/242024PCF Insurance Services of the West, LLCThe Brady AgencyRetailP&CDownload
06/03/242024PCF Insurance Services of the West, LLCThe Sinnott Agency, Inc.UTInsurance BrokerRetailP&CDownload
06/03/242024Peter C. Foy & Associates Insurance Services, LLCIndependent Agency/BrokerRetailP&CDownload
06/03/242024Private Investor - Nathan DagleyDagley Insurance Agency, LLCRetailP&CDownload
06/02/242024Peter C. Foy & Associates Insurance Services, LLCIndependent Agency/BrokerRetailP&CDownload
06/01/242024PCF Insurance Services of the West, LLCIgnitist Inc.UTInsurance BrokerRetailEB & ConsultingDownload
06/01/242024Peter C. Foy & Associates Insurance Services, LLCIndependent Agency/BrokerRetailEB & ConsultingDownload
05/31/242024Onex CorporationCAL Insurance & Associates, Inc.GAInsurance BrokerRetailP&CDownload
05/31/242024Onex CorporationMBPD Holdings, Inc.GAInsurance BrokerRetailMulti LineDownload
05/31/242024Patriot Growth Insurance Services, LLCIndependent Agency/BrokerRetailP&CDownload
05/30/242024Oakbridge Insurance Agency LLCIndependent Agency/BrokerRetailP&CDownload
05/30/242024Oakbridge Insurance Agency LLCIndependent Agency/BrokerRetailP&CDownload
05/29/242024NFP Corp.Martin / Wight & Company, LLCNYRetailEB & ConsultingDownload
05/29/242024NSM Insurance Group, Inc.Strategic Underwriters International, Inc.PAInsurance BrokerMGAP&CDownload
05/28/242024Aon CorporationPublic BrokerRetailMulti LineDownload
05/28/242024MRI Software LLCInsurent Agency CorporationOHSoftware and ServicesRetailP&CDownload
05/23/242024Marsh & McLennan Companies, Inc.Public BrokerRetailP&CDownload
05/23/242024MountainOne BankBank or ThriftRetailEB & ConsultingDownload
05/22/242024Marsh & McLennan Companies, Inc.Perkins Insurance Agencies, LLCNYInsurance BrokerRetailP&CDownload
05/21/242024Marsh & McLennan Companies, Inc.Public BrokerRetailP&CDownload
05/21/242024Marsh & McLennan Companies, Inc.Public BrokerRetailMulti LineDownload
05/21/242024Hub International LimitedSadler & Company Insurance Brokers, Inc.CAIndependent Agency/BrokerMGAP&C
05/20/242024Leavitt Group Enterprises, Inc.Independent Agency/BrokerRetailP&CDownload
05/16/242024Leavitt Group Enterprises, Inc.Independent Agency/BrokerRetailP&CDownload
05/16/242024Leavitt Group Enterprises, Inc.Independent Agency/BrokerRetailP&CDownload
05/16/242024Leavitt Group Enterprises, Inc.Seltzer Financial StrategiesRetailEB & ConsultingDownload
05/15/242024Leavitt Group Enterprises, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/15/242024Leavitt Group Enterprises, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/14/242024King Insurance Agency, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/14/242024King Insurance Agency, Inc.Independent Agency/BrokerRetailP&CDownload
05/10/242024King Insurance Agency, Inc.Independent Agency/BrokerRetailP&C
05/09/242024Keystone Agency Partners LLCMid-States Agencies, Inc.PAInsurance BrokerRetailP&C
05/09/242024King Insurance Agency, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/07/242024Keystone Agency Partners LLCAssets of Combined InsurancePAInsurance BrokerRetailP&C
05/07/242024Keystone Agency Partners LLCAssets of KNH Insurance Services, Inc.PAInsurance BrokerRetailMulti Line
05/07/242024Keystone Agency Partners LLCAssets of Schatz Enterprises, LLC d/b/a The Paladin GroupPAInsurance BrokerRetailP&C
05/07/242024Keystone Agency Partners LLCAssets of Suntree Insurance, LLCPAInsurance BrokerRetailP&CDownload
05/07/242024Keystone Agency Partners LLCIndependent Agency/BrokerRetailMulti Line
05/07/242024Keystone Agency Partners LLCIndependent Agency/BrokerRetailP&C
05/06/242024Keystone Agency Partners LLCAssets of A & C Insurance, Inc.PAInsurance BrokerRetailP&CDownload
05/06/242024Keystone Agency Partners LLCAssets of Anthony V. VentimigliaPAInsurance BrokerRetailP&C
05/06/242024Keystone Agency Partners LLCIndependent Agency/BrokerRetailP&C
05/06/242024Risk Strategies Company, LLCIndependent Agency/BrokerRetailP&CDownload
05/03/242024Integrity Marketing Group LLCIndependent Agency/BrokerWholesaleEB & ConsultingDownload
05/03/242024Integrity Marketing Group LLCIndependent Agency/BrokerWholesaleEB & ConsultingDownload
05/02/242024Integrity Marketing Group LLCIDEA Insurance AgencyWholesaleEB & ConsultingDownload
05/02/242024Integrity Marketing Group LLCIndependent Agency/BrokerWholesaleEB & ConsultingDownload
05/02/242024Integrity Marketing Group LLCIndependent Agency/BrokerWholesaleEB & ConsultingDownload
05/02/242024Integrity Marketing Group LLCIndependent Agency/BrokerWholesaleEB & ConsultingDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailEB & ConsultingDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailMulti LineDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&C
05/01/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&C
05/01/242024Inszone Insurance Services, Inc.John Henry Insurance Services, LLCCAInsurance BrokerRetailEB & ConsultingDownload
05/01/242024Inszone Insurance Services, Inc.T Blackwell Insurance Group LLCCAInsurance BrokerRetailP&CDownload
05/01/242024Inszone Insurance Services, Inc.Welcome Insurance AgencyCAInsurance BrokerRetailP&CDownload
05/01/242024Integrity Marketing Group LLCIndependent Agency/BrokerWholesaleEB & ConsultingDownload
05/01/242024AssuredPartners, Inc.TPB Insurance Group, Inc.TXIndependent Agency/BrokerRetailP&C
05/01/242024BroadStreet Partners, Inc.Certain Insurance AssetsIndependent Agency/BrokerRetailP&C
04/30/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
04/30/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailMulti LineDownload
04/25/242024Hub International LimitedIndependent Agency/BrokerRetailP&CDownload
04/25/242024HUB International LimitedThe Essex Agency, Inc.MAInsurance BrokerRetailP&CDownload
04/25/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
04/25/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailP&CDownload
04/25/242024Inszone Insurance Services, Inc.Independent Agency/BrokerRetailMulti Line
04/24/242024HUB International LimitedGMG Group, Inc.ILInsurance BrokerRetailMulti LineDownload
04/23/242024HUB International LimitedAssets of Symphony Financial & Insurance ServicesILInsurance BrokerRetailEB & ConsultingDownload
04/23/242024HUB International LimitedAssets of True North GroupILInsurance BrokerRetailMulti LineDownload
04/23/242024HUB International LimitedAssets of William R. Cargill Insurance Agency, IncMAInsurance BrokerRetailP&CDownload
04/23/242024Hub International LimitedIndependent Agency/BrokerRetailMulti LineDownload
04/23/242024Hub International LimitedIndependent Agency/BrokerRetailMulti LineDownload
04/22/242024Hub International LimitedIndependent Agency/BrokerRetailP&CDownload
04/19/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailP&CDownload
04/19/242024Hub International LimitedIndependent Agency/BrokerRetailP&CDownload
04/18/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailP&C
04/18/242024High Street Insurance Partners, LLCIndependent Agency/BrokerWholesaleP&C
04/17/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailP&C
04/16/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailP&C
04/16/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailP&C
04/16/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailMulti LineDownload
04/15/242024High Street Insurance Partners, LLCIndependent Agency/BrokerRetailP&C
04/11/242024Higginbotham & Associates, Inc.Independent Agency/BrokerRetailMulti LineDownload
04/11/242024Higginbotham & Associates, Inc.Independent Agency/BrokerRetailP&CDownload
04/10/242024Higginbotham & Associates, Inc.Independent Agency/BrokerRetailEB & ConsultingDownload
04/10/242024Higginbotham & Associates, Inc.Independent Agency/BrokerRetailMulti LineDownload
04/09/242024Guild Holdings CompanyOther BuyerRetailP&CDownload
04/09/242024Gunn Mowery, LLCAssets of Central Penn BenefitsPAInsurance BrokerRetailEB & ConsultingDownload
04/09/242024Gunn Mowery, LLCWagner-Giblin InsuranceRetailMulti LineDownload
04/09/242024Henriott Group, Inc.Independent Agency/BrokerRetailP&CDownload
04/09/242024Higginbotham & Associates, Inc.Independent Agency/BrokerRetailMulti LineDownload
04/08/242024DOXA Insurance Holdings LLCIndependent Agency/BrokerMGAP&CDownload
04/08/242024Farmers Mutual Hail Insurance Company of IowaInsurance CompanyWholesaleP&CDownload
04/08/242024FernRock Risk PartnersIndependent Agency/BrokerRetailMulti Line
04/08/242024Fortis Capital Advisors, LLCClearPath Financial, LLCKSRetailMulti LineDownload
04/04/242024DOXA Insurance Holdings LLCCPH & Associates Insurance Agency, Inc.INMGAP&CDownload
04/04/242024DOXA Insurance Holdings LLCIndependent Agency/BrokerWholesaleP&CDownload
04/04/242024OneDigital Health and BenefitsIndependent Agency/BrokerRetailEB & ConsultingDownload
04/03/242024ChubbInsurance CompanyMGAP&CDownload
04/03/242024Cross Point Insurance Advisors, LLCIndependent Agency/BrokerRetailMulti Line
04/03/242024OneDigital Health and BenefitsIndependent Agency/BrokerRetailMulti LineDownload
04/02/242024Choice Financial GroupIndependent Agency/BrokerRetailP&C
04/01/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
04/01/242024BroadStreet Partners, Inc.McCrary-Daniels Insurance Agency, Inc.GAInsurance BrokerRetailMulti Line
04/01/242024BroadStreet Partners, Inc.SevenHills Partners, Inc.MNInsurance BrokerRetailEB & Consulting
04/01/242024BroadStreet Partners, Inc.Undisclosed Insurance AgancyOHInsurance BrokerRetailP&C
04/01/242024BroadStreet Partners, Inc.Undisclosed Insurance AgancyOHInsurance BrokerRetailP&C
04/01/242024Brown & Brown, Inc.Assets of McNamara CompanyFLInsurance BrokerRetailMulti LineDownload
04/01/242024Brown & Brown, Inc.Public BrokerRetailP&CDownload
04/01/242024Brown Brothers Harriman & Co.Undisclosed Insurance AgencyTNInsurance BrokerRetailP&C
04/01/242024BV Investment PartnersOther BuyerMGAP&C
04/01/242024Choice Insurance Agency LLCIndependent Agency/BrokerRetailMulti Line
04/01/242024World Insurance Associates, LLCIndependent Agency/BrokerRetailP&CDownload
03/26/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
03/26/242024Integrity Marketing Group LLCUnityTXIndependent Agency/BrokerWholesaleEB & ConsultingDownload
03/26/242024Risk Strategies Company, LLCPace Professional ServicesNYIndependent Agency/BrokerRetailP&CDownload
03/22/242024Vantage Insurance Partners, Inc.Undisclosed Insurance AgencyIndependent Agency/BrokerRetailP&C
03/21/242024HUB International LimitedAssets of Onecap Services LLCIndependent Agency/BrokerRetailMulti LineDownload
03/21/242024HUB International LimitedAssets of Preferred Services Group, LLCIndependent Agency/BrokerRetailMulti LineDownload
03/21/242024HUB International LimitedLYNLY Health Insurance AgencyIndependent Agency/BrokerRetailMulti LineDownload
03/21/242024Risk Strategies Company, LLCHugh Wood Inc.NYIndependent Agency/BrokerRetailMulti LineDownload
03/20/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
03/19/242024Alkeme Intermediary Holdings LLCWharton/Lyon & Lyon, Inc.Independent Agency/BrokerRetailMulti LineDownload
03/19/242024Higginbotham Insurance Agency, Inc.Glenn Harris & AssociatesOKIndependent Agency/BrokerRetailP&CDownload
03/19/242024Integrity Marketing Group LLCSolid Financial PlanTXIndependent Agency/BrokerWholesaleEB & ConsultingDownload
03/18/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
03/17/242024Oakbridge Insurance Agency LLCThe Hart Hawks GroupTNIndependent Agency/BrokerRetailP&CDownload
03/14/242024BharCap Partners, LLCInsurvia, LLCOther BuyerRetailP&CDownload
03/12/242024Brawner Insurance Agency Inc.Armstrong Insurance Agency, Inc.Independent Agency/BrokerRetailMulti LineDownload
03/12/242024Integrity Marketing Group LLCMoneySmart MovementTXIndependent Agency/BrokerWholesaleEB & ConsultingDownload
03/11/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
03/11/242024HUB International LimitedAssets of Bolds Risk & Insurance ServicesIndependent Agency/BrokerRetailP&CDownload
03/07/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
03/07/242024HUB International LimitedAssets of Compass Property Development Inc.Independent Agency/BrokerRetailP&CDownload
03/06/242024Alliant Insurance Services, Inc.Seniors Advisory ServicesIndependent Agency/BrokerWholesaleEB & ConsultingDownload
03/06/242024Brown & Brown, Inc.Assets of Hillco InsurancePublic BrokerRetailP&CDownload
03/05/242024BroadStreet Partners, Inc.Independent Agency/BrokerRetailP&C
03/05/242024HUB International LimitedA.S. Arbury and Sons, IncorporatedIndependent Agency/BrokerRetailMulti LineDownload
03/05/242024HUB International LimitedAssets of Michelle L. Everett, IncIndependent Agency/BrokerRetailMulti LineDownload
03/04/242024BroadStreet Partners, Inc.Certain Insurance AssetsOHInsurance BrokerRetailP&C
03/04/242024IMA Financial Group, Inc.JL Jones and AssociatesIndependent Agency/BrokerRetailEB & ConsultingDownload