Brown & Brown to Acquire Accession Risk Management Group for $9.825 Billion

BRO
October 03, 2025

Brown & Brown, Inc. announced on June 10, 2025, that it has entered into an agreement to acquire RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc., for a gross purchase price of $9.825 billion. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions and regulatory approvals.

Accession, established in 1997, is the parent to Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, a leading insurance wholesaler and program manager. With over 5,000 insurance professionals, Accession reported pro forma adjusted revenues of approximately $1.7 billion in 2024.

Following the acquisition, Risk Strategies will become part of Brown & Brown’s Retail segment, and One80 Intermediaries will join a new Specialty Distribution segment, formed by combining Brown & Brown's existing Programs and Wholesale Brokerage segments. This deal is expected to augment and strengthen Brown & Brown's collective growth and market relationships.

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