Brown & Brown Surges 0.5% on $370M Volume Ranking 300th as Mega-Deal with Accession Expands U.S. Brokerage Reach

On August 4, 2025, Brown & Brown (BRO) rose 0.50% to close at $92.22, with a trading volume of $370 million, ranking it 300th in the market. The stock’s performance followed the completion of its $1.7 billion pro forma acquisition of Accession Risk Management Group, a move that expands its presence in the U.S. insurance brokerage sector.

Brown & Brown finalized the acquisition of RSC Topco, Inc., the parent company of Accession, which includes Risk Strategies and One80 Intermediaries. Accession, the ninth-largest privately held insurance brokerage in the U.S., brings over 5,000 professionals and a focus on specialty risk management. CEO J. Powell Brown emphasized the strategic alignment of strengths, noting the acquisition would enhance growth through expanded market relationships and operational synergies. John Mina, Accession’s CEO, highlighted the shared commitment to innovation and customer service, positioning the combined entity to compete effectively in a consolidating industry.

The integration includes reorganizing Brown & Brown’s business segments, with Risk Strategies joining the Retail division and One80 Intermediaries incorporated into a new Specialty Distribution segment. The transaction underscores the company’s strategy to strengthen its decentralized sales model while leveraging global resources. The acquisition is expected to bolster Brown & Brown’s revenue diversification and market reach, aligning with its long-term goals of specialization and customer-centric growth.

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