Agency M&A Drops 19% Through Third Quarter
While deal flow has been slower than anticipated, valuations should hold steady for agencies with producer-led organic growth, says OPTIS Partners.
Mergers & Acquisitions
Aon to Buy USI Insurance Services for $17 Billion
Aon has agreed to buy USI Insurance Services in a move to enhance its presence in the growing U.S. middle-market segment.
Insurance Agency M&A Slows as Buyers Become More Selective
Agency mergers & acquisitions activity was down 15% in the first half of 2026, signaling a more disciplined environment. However, appetite for high-quality acquisitions remains high.
Insurance Agency M&A Falls 6% in First Quarter
Agency mergers & acquisitions activity slowed to 148 deals in the first quarter of 2026, according to OPTIS Partners, who believe the decline is bottoming out.
Insurance Agency M&A Falls 12% in 2025
Agency mergers & acquisitions activity slowed to 695 deals in 2025, according to OPTIS Partners, with the number of buyers continuing to fall since 2021.
Beazley Rejects Zurich’s $10.3 Billion Takeover Offer
Beazley’s board unanimously rejected Zurich’s offer, the fifth in the past year, saying it “materially undervalues” the company.
WTW to Acquire Newfront in $1.3 Billion Deal
WTW has agreed to buy the San Francisco-based broker Newfront, in a move to expand its high-growth reach in the U.S.
Baldwin Group to Buy CAC Group for $1 Billion
The Baldwin Group and CAC Group have agreed to merge, which will create one of the largest independent insurance advisory and distribution platforms in the U.S.
Public Insurance Broker Performance Trends and the Impact on M&A
2025 has told a tale of two very different market realities for public brokers. Here’s what that means for agency mergers & acquisitions.
Independent Insurance Agency M&A Activity Slows Through Third Quarter
Independent insurance agency mergers and acquisitions slowed in the first three quarters of 2025, a 7% decrease from the same period in 2024.
