Baldwin Insurance Group merges with CAC Group in $1.03B deal to create major US insurance platform.

Tuesday, Dec 2, 2025 4:43 pm ET1min read

Baldwin Insurance Group has agreed to merge with CAC Group in a $1.03 billion deal, creating one of the largest independent insurance advisory and distribution platforms in the US. The merger will expand Baldwin's specialty and middle-market insurance brokerage capabilities and enhance its position in the industry.

Baldwin Insurance Group merges with CAC Group in $1.03B deal to create major US insurance platform.

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