Brown & Brown, Inc. completes the acquisition of Accession Risk Management Group

Rhea-AI Summary

Brown & Brown (NYSE:BRO) has successfully completed its previously announced acquisition of RSC Topco, the holding company for Accession Risk Management Group. The acquisition strengthens Brown & Brown's position as a leading insurance brokerage firm.

Following the acquisition, Brown & Brown now operates across more than 700 locations with a workforce exceeding 23,000 professionals. The company continues to focus on delivering comprehensive insurance solutions and specialized services to its customers.

Positive

• Expansion of Brown & Brown's market presence with 700+ locations
• Enhanced workforce capacity with over 23,000 professionals
• Strategic acquisition strengthening insurance brokerage capabilities

Negative

• None.

News Market Reaction – BRO

+0.95%

+0.95% Session close to close

In the Aug 1 session, BRO gained 0.95%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

DAYTONA BEACH, Fla., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of RSC Topco, Inc. (“RSC” or “Accession”), the holding company for Accession Risk Management Group, Inc.

Brown & Brown, Inc. is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of more than 23,000 professionals, following the acquisition of Accession, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.

For more information:

Investors
R. Andrew Watts
Chief Financial Officer
(386) 239-5770

Media
Jenny Goco
Director of Communications
(386) 333-6066

FAQ

What company did Brown & Brown (BRO) acquire in August 2025?

Brown & Brown acquired RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc.

How many locations does Brown & Brown have after the Accession acquisition?

Following the Accession acquisition, Brown & Brown operates across more than 700 locations globally.

How many employees does Brown & Brown have after acquiring Accession?

After the Accession acquisition, Brown & Brown has a team of more than 23,000 professionals.

Who is the CFO of Brown & Brown handling the Accession acquisition?

R. Andrew Watts serves as the Chief Financial Officer of Brown & Brown.