Aon Near Deal to Acquire USI Insurance Services for Approximately $17 Billion
Aon is reportedly close to finalizing a deal to acquire USI Insurance Services from private-equity firm KKR. The transaction, valued at around $17 billion including debt, could be announced soon according to the Wall Street Journal. USI Insurance Services operates as an insurance brokerage and risk management services provider in North America. Aon's acquisition of USI would mark a significant expansion for the company within the U.S. market, enhancing its presence in commercial property-casualty underwriting and client service offerings. The deal highlights ongoing consolidation trends in the financial sector, particularly among insurance brokerage firms seeking to strengthen their competitive positions through strategic acquisitions.
Topics: brokerage insurance private equity