Brown & Brown announces major acquisition
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc, the holding company for Accession, the ninth largest privately held insurance brokerage in the United States, for $9.83bn (£7.3bn).
Established in 1997, Accession is the parent to Risk Strategies, a specialty broker previously linked with Howden, and One80 Intermediaries, a wholesaler and program manager.
Employing 5000 people throughout the US and Canada, in 2024 it recorded pro forma adjusted revenues of $1.7bn.
Combining with Risk Strategies and One80 represents a unique opportunity to bring the best of both organisations to the forefront, enabling us to augment and strengthen our collective growth.
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