Aon strikes $17 billion deal for rival USI Insurance Services

Aon has entered into a definitive agreement to acquire its rival, USI Insurance Services, from KKR. The transaction is valued at $17 billion. This strategic deal allows Aon to integrate USI Insurance Services into its existing operations, significantly expanding its market presence. The acquisition marks a major consolidation within the insurance brokerage sector as Aon absorbs the competitor to strengthen its global service capabilities and scale its professional offerings across the United States.