Brown & Brown completes RSC Topco acquisition

Brown & Brown, an insurance brokerage and risk management firm, has completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc.

according to the original announcement.

Founded in 1997, Accession is the parent of Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, an insurance wholesaler and program manager.

As part of the acquisition, John Mina will be joining the Retail senior leadership team.

According to Brown & Brown, Accession’s business will remain aligned with its decentralised sales and service model, while gaining access to the firm’s global resources, specialty capabilities and collaborative network.

Brown & Brown added: “In connection with the closing of the acquisition, Brown & Brown will combine its Programs and Wholesale Brokerage segments into a new Specialty Distribution segment, which will be led by Steve Boyd and Chris Walker.

“One80 Intermediaries will join the operations of our new Specialty Distribution segment, with Matt Power joining the segment’s senior leadership team.”