USI News & Analysis

Aon (AON) to Acquire USI Insurance Services for $17 Billion

Aon (AON) announced that it will acquire USI Insurance Services in a deal valued at $17 billion, sourced from private equity firm KKR. This acquisition aims to strengthen Aon's market presence in the U.S. middle-market insurance segment, which exceeds $40 billion. Aon's CEO emphasized that USI will enhance their footprint in the excess & surplus insurance area. The transaction is expected to close in the fourth quarter of 2026 and is anticipated to boost Aon's adjusted profit by 2028, funded through debt.