Aon Nears ~$17 Billion Deal for USI Insurance Services

Aon is in advanced talks to acquire USI Insurance Services for roughly $17 billion, per negotiations reported in 2026. USI, which generates over $1 billion in revenue across 140 U.S. offices, was bought by KKR and CDPQ in 2017 for $4.3 billion including debt. The deal is not finalized; price and timing remain subject to change.