Mergers & AcquisitionsMedium30 August 2026
1 min read

Aon Nears $17 Billion Acquisition of USI Insurance Services

Key Facts

1Aon is nearing a deal valued at approximately $17 billion to acquire insurance brokerage USI.
2Private-equity giant KKR has owned USI Insurance since 2017.

In a move reflecting the accelerating pace of consolidation within the financial services sector, Aon is nearing a deal valued at approximately $17 billion to acquire insurance brokerage USI. According to Wall Street Journal reports, the acquisition would significantly expand Aon's brokerage footprint. The deal marks a major exit for private-equity giant KKR, which has owned USI Insurance since 2017.

This mega-cap M&A transaction, exceeding $15 billion, highlights Aon's strategic intent to consolidate market share in the insurance brokerage space despite the significant capital outlay required. Per analyst data, KKR’s ownership of the asset for nearly a decade has positioned USI as a prime target for strategic integration into Aon’s global operations.

Regarding the market outlook, authoritative price levels for Aon were unavailable at the close of August 30, 2026; however, the sentiment remains bullish due to the scale of the acquisition. Investors are looking ahead to global catalysts in the coming days, including South Korean Consumer Confidence and Australian inflation data, which may influence broader market sentiment.