Insurance brokerage mergers and acquisitions declined in early 2025 to the lowest quarter since 2020, with private equity firms dominating deals. Despite the slowdown, large upcoming transactions signal a potential rebound in deal activity later in 2025.

Hilb Group enhances its Mid-Atlantic presence with a Maryland employee benefits business acquisition, continuing its strategic expansion across U.S. insurance markets.

Admiral Group is selling its US auto insurance subsidiary Elephant Insurance to J.C. Flowers & Co, refocusing on UK and European markets while ensuring growth in US auto insurance.