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Brown & Brown to Buy Accession Risk for $9.8 Billion

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By Alexandre Rajbhandari and Anthony Hughes

June 10, 2025 at 9:12 AM EDT

Updated on

June 10, 2025 at 10:51 AM EDT

Brown & Brown Inc. agreed to buy Accession Risk Management Group Inc. for $9.8 billion, its largest-ever acquisition.

The purchase will be made with a mix of cash and stock, according to a US Securities and Exchange Commission filing. The deal is expected to close in the third quarter, according to a Tuesday statement.