Aon Buys USI Insurance for 17B
Aon has agreed to acquire rival brokerage USI Insurance Services from KKR in a seventeen billion dollar cash and debt transaction. The deal aims to expand Aons presence in the growing United States middle-market insurance sector and is expected to close in late 2026.
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AON PLC-CLASS A agreed on Monday morning to acquire rival USI Insurance Services for $17 billion from private equity firm KKR & Co Inc in one of the largest insurance buyouts in recent years. The transaction expands Aon's footprint in the competitive United States middle-market insurance segment. The deal follows Aon's $13 billion purchase of NFP in 2024 and is expected to close in the fourth quarter of 2026, boosting adjusted profit by 2028.
