Aon in Talks to Acquire USI for Approximately $17 Billion

Insurance brokerage giant Aon is in advanced talks to acquire private equity-backed USI Insurance Services in a deal valued at approximately $17 billion. According to sources, the transaction could be completed in the coming weeks, marking one of Aon's largest acquisitions in recent years. USI is a leading brokerage firm providing insurance and risk management services to mid-sized companies in the United States. The company was acquired by KKR and other investors in 2017. This acquisition would significantly strengthen Aon's presence, particularly in the mid-market business segment. Aon's move is seen as part of the ongoing consolidation in the insurance brokerage industry. The company previously attempted a merger with Willis Towers Watson in 2021, but the deal was blocked due to antitrust concerns. This new acquisition demonstrates Aon's continued growth strategy through organic expansion as well as selective acquisitions. While the financial details of the deal have not yet been finalized, the $17 billion valuation may include a premium above industry averages based on USI's revenue and earnings multiples. Such large-scale transactions are subject to regulatory approvals and are not considered final until definitive agreements are signed between the parties. This is not investment advice.