Aon nears $17 billion deal to buy insurance broker USI, WSJ reports

Aon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from KKR, the Journal reported.

The top 3

  1. Aon's $30 Billion Failed Bid for Willis Towers Watson: The largest attempted insurance brokerage acquisition was Aon's $30 billion all-stock deal for Willis Towers Watson in 2020, which was ultimately abandoned in 2021 due to antitrust concerns from the US Department of Justice.
  2. Recent Multi-Billion Dollar Brokerage Deals: Other significant acquisitions include Aon's $13.4 billion purchase of NFP (closed April 2024), Marsh McLennan's $7.75 billion acquisition of McGriff Insurance Services (November 2024), and Marsh & McLennan's $5.6 billion acquisition of Jardine Lloyd Thompson in 2019.
  3. Aon-USI Deal's Place in Industry Consolidation: The $17 billion Aon-USI deal highlights the ongoing consolidation trend in the insurance brokerage industry, positioning it as one of the largest transactions, contributing to the significant M&A activity seen in recent years among top brokers.

Sources

Open the full topic