Insurance Brokerage & MGA Consolidation
Retail and wholesale insurance brokerage, managing general agents (MGAs), and program administrators, including excess & surplus (E&S) specialty lines, and the private-equity-backed roll-up M&A activity consolidating independent agencies, MGAs, and program business.
“insurance brokerage and managing general agents, and the bankers behind broker consolidation”
That sentence was the entire instruction. Everything on this page was researched from it and then verified against public sources: 22 experts kept, 0 dropped in verification.
Experts
Grouped by archetype · searchableFounder / Operator
5Greg Williams
Co-Founder, Chairman, and CEO
Acrisure
Founder-CEO who built Acrisure into a top-6 global broker via ~1,000 M&A deals and now controls its AI/fintech roadmap and capital strategy.
J. Powell Brown
President and CEO
Brown & Brown, Inc.
CEO of a ~$20B public broker that just closed a $9.8B acquisition — a first call for any insurance distribution or MGA consolidation thesis.
Greg Zimmer
Chief Executive Officer
Alliant Insurance Services
As CEO of a top-8 global insurance broker with a 100+ deal M&A track record, Zimmer sets Alliant's acquisition appetite, specialization strategy, and consolidation pace in the brokerage/MGA space.
John Wepler
Chairman and Chief Executive Officer
MarshBerry
As MarshBerry's Chairman/CEO with 300+ closed M&A deals in insurance distribution, he sees nearly every notable brokerage transaction before the market does.
Mike Christian
Founder
Risk Strategies
Built a middle-market brokerage from scratch into a $9.8B PE exit and is now actively redeploying capital and board time into new insurance-distribution platforms.
Strategic Advisor
5Paul Sparks
Board Director; Executive Chairman
The Baldwin Group; CAC Group
Sparks built CAC Group from scratch into a $1B-plus exit and now sits on Baldwin's board, giving him insider visibility into specialty brokerage M&A and integration priorities.
Mark Allitt
Senior Managing Director, Financial Advisory
Teneo
A go-to Bermuda insurance liquidator/restructuring advisor now leading JPL mandates on major legacy-insurer collapses like R&Q and Northeast Insurance.
Michael D. O'Halleran
Executive Chairman; Senior Advisor & Board Member
Geneva Re Limited; Ryan Specialty
A 40-year reinsurance power broker who built Aon Re into a global #1 and now chairs a live Bermuda reinsurer, giving him current market intel on capacity and pricing.
Michael G. Bungert
Board Member
Ryan Specialty
Recently retired Aon Re Global chairman now sits on Ryan Specialty's board, giving him current insight into reinsurance broker consolidation and RYAN's strategic direction.
Hauke Martinsen
CEO and Co-founder
HBC (Hanseatic Broking Center)
Architect of HBC's German broker roll-up and its ~€700m Bridgepoint deal; now a board member with full insider knowledge and no CEO day-job constraints.
Legal / Service Provider
6Todd Freed
Partner, Mergers and Acquisitions; Financial Institutions
Skadden, Arps, Slate, Meagher & Flom LLP
Head of Skadden's insurance M&A practice with direct, current line of sight into the largest live insurance/annuity combinations, including the 2026 Corebridge-Equitable deal.
Kirk Lipsey
Partner, Corporate Department - Insurance M&A
Paul Hastings LLP
Leads live-deal insurance M&A counsel at Paul Hastings, currently on SiriusPoint's $250M ArmadaCare sale and Crestline's $17B Rithm Capital deal — a direct line into active insurance/MGA transaction flow.
Sean Carney
Partner, Co-leader Private Equity and Global Insurance practices
Sidley Austin LLP
Co-leads Sidley's Private Equity and Insurance practices and has run legal on nearly every major insurance broker and (re)insurer take-private in the last two years.
Patrick Lewis
Partner, Mergers and Acquisitions; Financial Institutions
Skadden, Arps, Slate, Meagher & Flom LLP
He is currently leading Skadden's legal team on two of 2025-2026's largest insurance consolidation deals, giving him live insight into buyer/seller dynamics and regulatory friction.
Chad Vance
Partner, Corporate Department - Insurance M&A
Paul Hastings LLP
A go-to insurance M&A dealmaker who just closed an MGA carve-out sale (SiriusPoint/ArmadaCare) and has repeat reps on multibillion-dollar reinsurance and life/annuity transactions.
Michael Witte
CEO and Founder
Equal Parts
Built RigUp into a $3B company, now leads a freshly-funded insurance agency roll-up targeting 25 acquisitions and $1B in premiums by 2026.
Peer Fund / Dealmaker
6Charles Davis
Co-CEO and Founder
Stone Point Capital
Co-CEO of Stone Point Capital and architect of two of the largest insurance-distribution deals ever (Truist Insurance Holdings, $14.75B and $15.5B), he is the definitive voice on brokerage/MGA consolidation strategy.
James Carey
Co-CEO
Stone Point Capital
Co-CEO steering Stone Point's insurance-distribution dealflow — including the $15.5B Truist Insurance and $2.5B Ardonagh deals — makes him a first call for any brokerage or MGA platform sale.
Aaron Cohen
Managing Director, Head of Financial Services & Technology
GTCR
Cohen leads GTCR's Financial Services & Technology group and has personally sourced or directed its biggest insurance brokerage and MGA bets since 2009.
David Donnini
Managing Director, Head of Business & Consumer Services
GTCR
Donnini ran GTCR's two-cycle ownership of AssuredPartners through its record $13.45B sale, making him the sharpest available voice on insurance brokerage and MGA roll-up economics.
Hoon Cho
Managing Director, Co-Head of Private Equity
GI Partners
Led GI Partners' 2021 entry into insurance distribution via Patriot Growth and still holds board influence over several of its services portfolio companies.
Michael Fletcher
Founder and Managing Partner
Sica Fletcher
As co-founder of the #1-ranked insurance M&A advisory firm since 2017, Fletcher has direct visibility into nearly every major brokerage deal and buyer in the market.
Companies
Ranked by edge depthCigna
Global health company operating in 200+ markets and territories through The Cigna Group, offering medical, dental, behavioral, vision, and pharmacy benefits to employers, insurers, and government programs.
Bain Capital
Leading global private investment firm with $225 billion AUM founded 1984, headquartered in Boston with 1,950+ employees investing across private equity, venture, credit, and real assets with deep vertical expertise.
Apollo Global Management
Global alternative asset manager and retirement services provider founded in 1990, managing approximately $1.03 trillion AUM across credit, private equity, infrastructure, and real estate.
AssuredPartners
National independent insurance brokerage with $1.2B+ annualized revenue, 250+ offices across 30 states offering commercial, personal, and employee benefits solutions; now part of Gallagher.
Acrisure
Global insurance brokerage headquartered in Grand Rapids, Michigan, founded in 2005. Ranks among the world's largest brokers with significant acquisition and growth track record.
Corebridge Financial
Life insurance and retirement services company spun off from AIG in 2022. Manages $385 billion in assets with 4 million active life insurance policies globally.
SiriusPoint Ltd.
Public insurance and reinsurance company based in Bermuda. Operates diversified insurance portfolio and completed $250M sale of ArmadaCare MGA to Ambac subsidiary in 2025.
AXIS Capital Holdings
Bermuda-based specialty insurance and reinsurance underwriter founded in 2001. Publicly traded on NYSE with $27.6 billion in assets, serving global clients across specialty lines.
Accession Risk Management Group (Risk Strategies / One80 Intermediaries)
Parent holding company for specialty insurance brokerages Risk Strategies and One80 Intermediaries. Established in 1997, it was the ninth-largest privately held US insurance brokerage before acquisition.
Ambac Financial Group
New York-based financial services holding company providing specialty insurance (property & casualty program insurers, MGUs) and legacy financial guarantee products. Rebranding to Octave Specialty (ticker OSG) Nov 2025.
American Residential Services
Nation's largest HVAC and plumbing service provider with 70+ service centers across 23 states. Backed by GI Partners since 2020.
Aon Corporation / Aon Re Global
Leading global provider of risk management, insurance brokerage, reinsurance brokerage and human capital consulting; operates in 120+ countries with 50,000+ employees.
Aon Re Global (Aon plc)
World's leading reinsurance intermediary (part of Aon plc); places ~$30B global property reinsurance premiums annually. Offers treaty/facultative placement, catastrophe management, actuarial counsel, and capital solutions globally.
Aquarian Capital LLC
Diversified global holding company with portfolio of insurance and asset management solutions; active acquirer in financial services and insurance sectors.
Ardonagh Group
Global independent insurance distribution platform and broker consolidator. Valued at $14B following Stone Point Capital's $2.5B equity investment in 2025, representing near doubling since 2021 valuation.
Arrowhead General Insurance Agency
National managing general agent specializing in property and casualty insurance programs. Operates with $1.8+ billion written premium across 730 employees in 7 offices nationwide.
Atlas Merchant Capital
New York-based ($489M AUM) private equity firm with London office investing in mid-market financial services including insurance, reinsurance, and insurance brokers. Registered investment adviser with debt/equity strategies.
Atlas Technical Consultants
Professional testing, inspection, engineering and environmental consulting firm with 100+ offices across 40 states. GI Partners portfolio company.
BETA Technologies
South Burlington, Vermont-based aerospace manufacturer developing all-electric aircraft for cargo, medical, and military applications. Recently went public with IPO raising $1 billion+.
Brown & Brown, Inc.
Independent insurance brokerage headquartered in Daytona Beach, Florida, founded in 1939. Ranked 5th globally among insurance brokers with expertise across personal and commercial insurance.
CAC Group
Top 40 US specialty and middle-market insurance brokerage founded in 2019 with structured solutions and institutional market access capabilities. Ranked #22 on Insurance Journal's 2025 Top 100 P/C Agencies.
Community Impact Ventures
Impact venture capital firm focused on healthcare, education, and technology; manages seed-to-growth stage investments.
Cordasco & Company
A boutique CPA and tax advisory firm founded in 2007, providing accounting, tax planning, and financial consulting services to businesses and individuals in the Southeast.
Crestline Investors, Inc.
Alternative investment manager specializing in credit, direct lending, and fund liquidity with ~$17B AUM. Acquired by Rithm Capital in 2025 to expand alternative asset management platform.
Show 36 more single-connection companies
Equal Parts
A next-generation insurance agency roll-up platform that acquires independent agencies and equips them with AI-powered operational tools for quote generation, compliance, and policy administration.
Everon
Licensed Hong Kong insurance broker providing comprehensive brokerage services including life insurance, annuities, critical illness coverage, and corporate/individual health insurance across diverse client base.
Gaede & Glauerdt
German insurance underwriter and representative for 30+ insurance companies; specializes in transport, carrier liability and technical insurance.
Geneva Re Limited
Bermuda-based reinsurance holding company co-founded by Ryan Specialty Group and Nationwide (50/50 JV); commenced operations July 2019 as Class 3A insurer providing reinsurance capacity.
Global Atlantic Financial Group
Insurance and reinsurance company managing $57B+ in assets; owned by KKR since 2021 ($4.7B acquisition). Provides annuities, life insurance, and wealth management solutions.
HBC (Hanseatic Broking Center)
German insurance broker and distributor managing €600M+ premium volume; acquired by Bridgepoint for €700M in 2025.
Hays Companies
A Minneapolis-based independent insurance brokerage with 700+ professionals across 32 locations, specializing in business insurance, employee benefits, and risk management for mid-market companies.
Health Market Solutions, LLC
Health insurance agency focused on direct-to-consumer ACA plans, combining advanced data science with customer service; operates across 20+ states serving thousands of customers.
IMAS Corporate Finance
London-based M&A advisory boutique (founded 1992, partner-owned) specializing in financial services sector transactions. Acquired by MarshBerry October 2023; completed 200+ transactions in insurance and wealth.
Ironshore Inc.
Bermuda-based specialty insurance carrier underwriting professional liability, medical malpractice, environmental and property coverage through operations in Bermuda, US, and UK.
JMG Group
Leading UK insurance broker based in Leeds providing comprehensive risk management and insurance solutions to SMEs and high-net-worth individuals; places over £350M in annual GWP.
King Risk Partners
Top 100 insurance agency with 50-year track record (founded 1974); offices across Eastern Seaboard from NH to FL.
Lincoln International
Full-service mid-market investment bank with 1,000+ professionals in 16 countries providing M&A advisory, capital raising, and financial restructuring across multiple sectors including financial services.
MarshBerry
Global M&A advisory and investment banking firm specializing in insurance brokerage and wealth management sectors. Founded 1981; acquired 2023 by Lincoln International; advises on mid-market transactions ($10M-$100M+).
McGriff, Seibels & Williams
Historic insurance brokerage founded in 1886, now operating as McGriff (rebranded 2020). Part of Marsh McLennan Agency with $5B annual revenue and 15,000 employees across 300 offices.
MetLife
Major American insurance and financial services company, one of the largest life and health insurance providers globally. Headquartered in New York with extensive M&A history.
NuVasive, Inc.
Medical device company specializing in minimally invasive spine surgery solutions and neurotechnology; focuses on transforming surgical procedures through procedurally-integrated innovations.
POPIC (Property Owners Protection Insurance Company)
National captive program manager specializing in insurance solutions for multifamily and single-family residential property owners and managers; manages 120+ captives covering 2M+ units.
Patriot Growth Insurance Services
Top 25 national insurance brokerage founded 2019; backed by GI Partners and Summit Partners. Provides employee benefits, P&C, and personal insurance solutions.
Pittsburgh Steelers
Professional NFL team headquartered in Pittsburgh, Pennsylvania. Stadium (Acrisure Stadium) serves as strategic asset under 15-year naming rights agreement beginning 2022.
Prudential Financial
Major American financial services company founded in 1875, providing insurance, investment management, asset management, and wealth management services globally with substantial insurance M&A activity.
Risk Strategies
Top 9 privately-held US insurance brokerage founded 1997 by Mike Christian. Now part of Brown & Brown; 135+ acquisitions and $1B+ revenue.
Ryan Specialty
Leading insurance brokerage and specialty services platform serving commercial, specialty and public sector insurance markets with focus on underwriting, risk management and MGA services.
Ryan Specialty Holdings, Inc.
NYSE-listed (RYAN) insurance services company founded 2010, providing specialty products, MGA underwriting, and wholesale brokerage. $3.22B revenue, $11B market cap; operates MGU entities and RT Specialty wholesale.
Sica Fletcher LLC
An insurance industry M&A advisory firm founded in 2014 by Michael Fletcher and Al Sica, specializing in strategic and financial advisory for insurance agencies and brokerage transactions.
Someone Else's Child
Nonprofit foundation supporting youth education, arts, economic justice and disability support; based in Marblehead, MA.
Sompo Holdings, Inc.
Japan's top-3 property & casualty insurer with $39.6B in assets, operating in 30 countries with 80,000 employees. Provides P&C, life insurance, nursing care, and enterprise risk consulting services globally.
Strategic Insurance
A 100% independent insurance broker in Albuquerque, New Mexico serving families and small businesses with personal and commercial insurance products.
The Baldwin Group
Comprehensive risk management, insurance, employee benefits, and wealth management advisory platform serving businesses and individuals. Created through merger with CAC Group to form largest majority colleague-owned publicly-traded insurance broker.
The Progressive Corporation
Property-casualty insurance holding company founded in 1937, headquartered in Mayfield, Ohio. Third-largest private auto insurer and #1 commercial auto insurer in the United States.
Truist Insurance Holdings
Fifth-largest insurance brokerage in the United States. Acquired by Stone Point Capital-led consortium for $15.5 billion in May 2024, demonstrating successful PE ownership transition.
Tulco LLC
Pittsburgh-based holding company deploying AI, data analytics, and proprietary technology to disrupt established industries. Portfolio includes insurance, healthcare, logistics, and security investments.
Vivid Seats
Nasdaq-listed (SEAT) online ticket marketplace with 760+ employees connecting fans to sports, concerts, and theater events. Operates marketplace with 100% Buyer Guarantee and rewards program across North America.
Willis Towers Watson
Global insurance broker and advisory firm formed from 2016 merger of Willis Group and Towers Watson. Ranked #4 globally among brokers with 45,000+ employees in 140 countries.
Workrise (formerly RigUp)
A workforce and vendor management platform serving the energy, construction, and infrastructure sectors, offering compliance vetting, insurance services, and labor dispatching tools.
Worldpay
Global payment processing and commerce solutions provider offering payment acceptance, processing, and technology services to merchants worldwide.