Sell Your Business/Insurance/New YorkLast updated: October 5, 2026

Sell Your Insurance Agency in New York

Quick Answer
Insurance agencies in New York typically sell for 4.3x-11x EBITDA, or 2.9x-4.3x SDE for smaller owner-operated insurance agencies, per published ranges from Peak Business Valuation, BizBuySell and others. The Census Bureau counts 6,336 insurance agencies and brokerages in New York, ranking 4th of 50 states, and 68% of them have fewer than five employees. The largest groups buying insurance agencies nationally include BroadStreet Partners (Ontario Teachers' Pension Plan and an investor group led by Ethos Capital, BCI and White Mountains Insurance Group), HUB International (Hellman & Friedman) and Inszone Insurance Services (BHMS Investments and Lightyear Capital). We have recorded three named insurance acquisitions in New York, most recently C&A Insurance Agency by World Insurance Associates (Dec 2025). Our own research found 107 insurance agencies in New York already owned by these platforms, including AC Risk Management (Marsh McLennan Agency) and Abatelli Insurance Agency (Hilb Group).
4.3x-11x
typical EBITDA multiple (published ranges)
2.9x-4.3x
typical SDE multiple
6,336
establishments in New York (Census 2023)
68%
have fewer than 5 employees

Who is buying insurance agencies in New York

Named insurance acquisitions we have recorded in New York

  • C&A Insurance Agency, acquired by World Insurance Associates
    Private-equity-backed buyer · Closed Dec 2025 · New York, NY · Source ↗
  • Tompkins Insurance Agencies, Inc., acquired by Arthur J. Gallagher & Co.
    Public-company buyer · Announced Nov 2025 · Batavia, NY · Source ↗
  • JM Brassill Group, acquired by Patriot Growth Insurance Services
    Private-equity-backed buyer · Announced Nov 2025 · Melville, NY · Source ↗

Insurance agencies in New York that already have an outside owner

Found by DealSeam's own research, not just press releases. Each company is listed on its owner's website, says so on its own website, now redirects to its owner, or was confirmed owned in DealSeam's September 2026 ownership screen. Many of these sales were never announced.

  • World Insurance Associates lists 14 locations in New York · Source ↗
CompanyCityOwned byHow we know
AC Risk ManagementMelvilleMarsh McLennan Agencyannouncement ↗
Abatelli Insurance AgencyWhitestoneHilb Grouplisted on Hilb Group's website ↗
Acumen Solutions GroupMelvilleMarsh McLennan Agencyannouncement ↗
Albert G. RubenNew YorkRelation Insurance Serviceslisted on Relation Insurance Services's website ↗
Alliance BrokerageMelvilleALKEME Insurancelisted on ALKEME Insurance's website ↗
Argus Risk AdvisorsNew YorkWorld Insurance Associatesannouncement ↗
Austin & Co.AlbanyAlera Groupannouncement ↗
Avanti AssociatesPelhamHilb Grouplisted on Hilb Group's website ↗
BR Vital BrokerageBrooklynHilb Groupannouncement ↗
Bagatta AssociatesSmithtownPatriot Growth Insurance Servicesits website now redirects to its owner ↗
Baldon Insurance GroupPatchogueWorld Insurance Associatesannouncement ↗
Barrett MillardPittsfordWorld Insurance Associatesannouncement ↗
Benefit Design ServicesEast SyracuseHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
Benefit Services GroupWatertownOneDigitalannouncement ↗
Bentson & CompanyStaten IslandHilb Grouplisted on Hilb Group's website ↗
Bouchey & Clarke BenefitsTroyOneDigitalannouncement ↗
Brady Risk ManagementHuntingtonHUB Internationalannouncement ↗
Brio Benefits—Alera Groupannouncement ↗
Broadfield InsuranceWarwickTrucordialisted on Trucordia's website ↗
Bryant Asset ProtectionSlingerlandsWorld Insurance Associatesannouncement ↗
Burnham Benefit AdvisorsLake PlacidAlera Groupannouncement ↗
C&A Insurance AgencyNew YorkWorld Insurance Associatesannouncement ↗
Cameron GroupNanuetKing Risk Partnersannouncement ↗
Charles Newman Co.PeekskillHilb Groupannouncement ↗
Chernoff Diamond & Co.—USI Insurance Servicesannouncement ↗
Christopher Williams AgencyPittsfordWorld Insurance Associatesannouncement ↗
Cohen PartnersNew YorkWorld Insurance Associatesannouncement ↗
Consiliarium Insurance GroupPittsfordHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
Cotten Coverage Insurance AgencyFarmingvilleWorld Insurance Associatesannouncement ↗
Countywide Insurance AgencyJefferson ValleyWorld Insurance Associatesannouncement ↗
Coverage AdministratorsNew YorkWorld Insurance Associatesannouncement ↗
Creative Business Solutions GroupMelvilleHUB Internationalannouncement ↗
DG&M Insurance AgencyRochesterWorld Insurance Associatesannouncement ↗
Dominick Falcone AgencySyracuseArthur J. Gallagher & Co.announcement ↗
E.T. Clauss & Co.BuffaloPatriot Growth Insurance Servicesannouncement ↗
Elite Insurance AgencyBrooklynRelation Insurance Servicesannouncement ↗
Employee Benefit ConceptsBuffaloUSI Insurance Servicesannouncement ↗
Endorsed AdministratorsGreat RiverHilb Grouplisted on Hilb Group's website ↗
FJM Benefits AdvisorsAmherstPatriot Growth Insurance Servicesannouncement ↗
Fillmore Insurance AgencyBrooklynWorld Insurance Associatesannouncement ↗
Filos AgencyLong BeachArthur J. Gallagher & Co.announcement ↗
Finger Lakes Partners Insurance ServicesGenevaWorld Insurance Associatesannouncement ↗
Foa & SonNew YorkAlera Groupannouncement ↗
GFI Insurance Brokerage—USI Insurance Servicesannouncement ↗
Genatt Insurance SolutionsNew Hyde ParkAcrisureits own website says so ↗
Gerard P. Smith Insurance AgencyWebsterWorld Insurance Associatesannouncement ↗
Ginsberg AgencyOceansideRelation Insurance Servicesannouncement ↗
Gosset Group PlanningMelvilleALKEME Insurancelisted on ALKEME Insurance's website ↗
Gotham BrokerageRye BrookALKEME Insurancelisted on ALKEME Insurance's website ↗
Grandview BrokerageBrooklynWorld Insurance Associatesannouncement ↗
H.G. Ellis AgencyCamdenHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
HML BrokerageBrooklynWorld Insurance Associatesannouncement ↗
HR Benefit AdvisorsRochesterAlera Groupannouncement ↗
Hiram Cohen & SonWilliston ParkHilb Grouplisted on Hilb Group's website ↗
Intermarket Insurance AgencyNorthportKing Risk Partnersannouncement ↗
J & S Risk Planning GroupWantaghWorld Insurance Associatesannouncement ↗
J. Deutsch AssociatesNew YorkRelation Insurance Servicesannouncement ↗
JM Brassill GroupMelvillePatriot Growth Insurance Servicesits own website says so ↗
K. Bell and AssociatesCold Spring HarborWorld Insurance Associatesannouncement ↗
KBM ManagementSyracuseOneDigitalannouncement ↗
King-Clark CompanyPlattsburghHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
LPL Risk Management—Patriot Growth Insurance Servicesits website now redirects to its owner ↗
Loveman, Kornreich & SteersWhite PlainsWorld Insurance Associatesannouncement ↗
Lupton & LuceRiverheadPatriot Growth Insurance Servicesits website now redirects to its owner ↗
MJL Insurance AgencyHopewell JunctionHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
Manor House Capital Insurance ServicesNew YorkArthur J. Gallagher & Co.listed on Arthur J. Gallagher & Co.'s website ↗
Mark E. Malvaso AgencyElbridgeHilb Grouplisted on Hilb Group's website ↗
Mark Lauria AssociatesStaten IslandWorld Insurance Associatesannouncement ↗
McCartney Verrino & Rosenberry Ins AgencyArdsleyHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
Millennium Medical SolutionsArmonkWorld Insurance Associatesannouncement ↗
Moran, Moran & DauphinAuburnHilb Groupannouncement ↗
Morstan General AgencyGarden CityBrown & Brownlisted on Brown & Brown's website ↗
NXG Insurance Agency GroupKingstonPatriot Growth Insurance Servicesannouncement ↗
Newbridge Coverage CorporationBellmorePatriot Growth Insurance Servicesits website now redirects to its owner ↗
North Shore Risk ManagementLake SuccessTrucordialisted on Trucordia's website ↗
Norton and SiegelBabylonKing Risk Partnersannouncement ↗
Novem BenefitsRochesterOneDigitalannouncement ↗
OVIA Insurance AgenciesBrewertonHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
PRL AssociatesEndicottKing Risk Partnersannouncement ↗
Pardee’s AgencyKingstonWorld Insurance Associatesannouncement ↗
Paul Global BenefitsSyossetWorld Insurance Associatesannouncement ↗
Peace of Mind InsuranceBrooklynHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
Petschauer InsuranceGarden CityPatriot Growth Insurance Servicesits website now redirects to its owner ↗
Phalanx Healthcare SolutionsNew YorkAlera Groupannouncement ↗
PrismCedarhurstWorld Insurance Associatesannouncement ↗
Promark InsuranceWilliamsvillePatriot Growth Insurance Servicesits own website says so ↗
RMS ProgramsGarden CityHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
Rampart BrokerageUniondaleHilb Grouplisted on Hilb Group's website ↗
Robert J. Hanafin—Insurance Office of America (IOA)listed on Insurance Office of America's website ↗
Rubicon BenefitsMelvilleWorld Insurance Associatesannouncement ↗
Schaefer EnterprisesNew YorkPatriot Growth Insurance Servicesits own website says so ↗
Sheridan BenefitsWilliamsvillePatriot Growth Insurance Servicesits own website says so ↗
SterlingRiskWoodburyBroadStreet Partnerslisted on BroadStreet Partners's website ↗
Stewart AgencyElmiraKing Risk Partnersannouncement ↗
Ten Eyck GroupAlbanyKing Risk Partnersannouncement ↗
The DiForte AgencyStaten IslandWorld Insurance Associatesannouncement ↗
The IBS GroupPlainviewALKEME Insurancelisted on ALKEME Insurance's website ↗
The Mogil OrganizationNew YorkWorld Insurance Associatesannouncement ↗
The Ruggieri Consulting GroupNew YorkOneDigitalannouncement ↗
The Sarrica GroupFranklin SquareALKEME Insurancelisted on ALKEME Insurance's website ↗
The Shults AgencyJohnstownHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗
The Wladis CompaniesSyracuseOneDigitalannouncement ↗
Tompkins Insurance AgenciesBataviaArthur J. Gallagher & Co.announcement ↗
United Brokerage Services InternationalNew YorkWorld Insurance Associatesannouncement ↗
Virtue Risk PartnersPearl RiverALKEME Insurancelisted on ALKEME Insurance's website ↗
We Insure RiskHudsonPatriot Growth Insurance Servicesits own website says so ↗
White & Re AgencyFreeportHighstreet Insurance Partnerslisted on Highstreet Insurance Partners's website ↗

Headquartered in New York: Marsh McLennan Agency (White Plains, NY) and USI Insurance Services (Valhalla, NY).

PlatformOwner / backerTypeHeadquartersScale
BroadStreet PartnersOntario Teachers' Pension Plan (significant co-control stake) and an investor group led by Ethos Capital, BCI and White Mountains Insurance GroupPrivate equityColumbus, OH30+ Core Partners; 550+ tuck-in acquisitions to date; more than 800 agency professionals with equitySource ↗
HUB InternationalHellman & Friedman (controlling); Altas Partners and Leonard Green & Partners (significant minority); a 2025 minority round led by T. Rowe Price, Alpha Wave Global and TemasekPrivate equityChicago, ILMore than 19,000 employees (2025 releases); more than 600 acquisitions (WealthManagement.com, Sep 2026)Source ↗
Inszone Insurance ServicesBHMS Investments (since 2020) and Lightyear Capital (since 2023)Private equitySacramento, CAOffices in 25 states (listed in its Sep 2026 release)Source ↗
World Insurance AssociatesCharlesbank Capital Partners and Goldman Sachs Asset Management (co-lead investors), with management and employee shareholdersPrivate equityIselin, NJNot disclosed (describes itself as a Top 50 insurance brokerage)Source ↗
Keystone Agency PartnersWarburg Pincus (majority); Bain Capital (minority, via Bain Capital Insurance)Private equityMechanicsburg, PA28 Platform Partners and over 350 independent network partners (Jul 2025)Source ↗
Leavitt GroupPrivately held (Leavitt Group Enterprises), co-owning its agencies with local ownersStrategic / family-ownedCedar City, UT80+ agencies and 290+ locations across 31 statesSource ↗
ALKEME InsuranceGCP Capital Partners (control, via a 2025 continuation vehicle anchored by Apollo S3), with managementPrivate equityLadera Ranch, CAOver 90 locations in 30 states; over 80 acquisitions since 2020 (Jul 2026)Source ↗
Highstreet Insurance PartnersAbry Partners (invested 2021; portfolio status: Current)Private equityTraverse City, MI350+ local offices across the U.S.; 200+ acquisitionsSource ↗
King Risk PartnersLightyear Capital and BHMS Investments (Apr 2025 recapitalization), with managementPrivate equityGainesville, FL36th largest U.S. insurance brokerage (per its Sep 2026 release)Source ↗
AcrisureFounder-led (Chairman and CEO Greg Williams), with outside investors; its 2025 $2.1B round was led by Bain Capital, with Fidelity, Apollo Funds, Gallatin Point Capital and BDT & MSD Partners (BDT & MSD is the largest minority shareholder)Private equityGrand Rapids, MIOver 19,000 colleagues in 23 countries; about 900 acquisitionsSource ↗
Arthur J. Gallagher & Co.Publicly traded (NYSE: AJG)Strategic / publicRolling Meadows, ILApproximately 130 countries through owned operations and a network of correspondent brokersSource ↗
Alera GroupGenstar Capital (founding sponsor); Carlyle led a $150M preferred investment in 2020Private equityDeerfield, ILNot disclosedSource ↗
TrucordiaCarlyle (a $1.3B Global Credit strategic investment, Jun 2025) and HGGC (per OPTIS)Private equityLindon, UTMore than 5,000 team members across the U.S.Source ↗
OneDigitalStone Point Capital and CPP Investments (majority, closed Dec 4, 2025); Onex Partners (significant minority)Private equityAtlanta, GAOffices in most major markets across the nationSource ↗
Marsh McLennan AgencyMarsh (NYSE: MRSH)Strategic / publicWhite Plains, NYNot disclosed for MMA; its parent Marsh reports more than 95,000 colleaguesSource ↗
Patriot Growth Insurance ServicesGI Partners and Summit PartnersPrivate equityFort Washington, PA2,100+ professionals in 160+ locations across 29 statesSource ↗
Heffernan Insurance BrokersEmployee-owned since its 1988 foundingEmployee-owned (ESOP)Walnut Creek, CAApproximately 600 staff, with offices coast-to-coastSource ↗
Hilb GroupThe Carlyle GroupPrivate equityRichmond, VAMore than 200 acquisitions; over 125 offices in 32 statesSource ↗
USI Insurance ServicesKKR and other shareholders; pending sale to Aon plcPrivate equityValhalla, NYMore than 10,500 team members across nearly 200 U.S. officesSource ↗
Brown & BrownPublicly traded (NYSE: BRO)Strategic / publicDaytona Beach, FL700+ locations and more than 23,000 professionals (after the Accession deal)Source ↗
Relation Insurance ServicesBayPine (agreed to buy it from Aquiline on Feb 18, 2026)Private equityChicago, ILApproximately 1,450 employees across more than 90 locations nationwideSource ↗
HigginbothamEmployee-owned; Stone Point Capital holds a minority stake (since 2009; portfolio status Current)Employee-owned (ESOP)Fort Worth, TXNot disclosed; over 130 partnerships acquired since 2009 (Stone Point, Nov 2025); ranked the 18th-largest U.S. independent brokerage by revenue (Aug 2025 release)Source ↗
Insurance Office of America (IOA)Madison Dearborn Partners and Navacord (new investors, Oct 2025), alongside IOA's producers and employeesPrivate equityLongwood, FLOver 60 offices in the U.S.Source ↗

Ownership verified October 6, 2026. See every platform's recent deals in the Insurance roll-up tracker →

How many insurance agencies and brokerages are in New York

The Census Bureau counted 6,336 insurance agencies and brokerages in New York in 2023, ranking 4th of 50 states. 68% had fewer than five employees and 94% had fewer than 20. 137 had 50 or more.

EmployeesEstablishmentsShare
Fewer than 54,30368%
5 to 91,18319%
10 to 194788%
20 to 492354%
50 or more1372%

Source: U.S. Census Bureau, County Business Patterns 2023 ↗ (NAICS 524210). An establishment is a single physical location, so an owner with three locations counts three times.

What an insurance agency in New York is worth

Insurance agencies typically sell for 4.3x-11x EBITDA, or 2.9x-4.3x SDE for smaller owner-operated insurance agencies, with most deals in the ~$0.5M median for small agencies (BizBuySell: $497,500 median sale price, 2021-2025); larger deals rarely disclose price range. These are published industry ranges from Peak Business Valuation, BizBuySell and others, not an appraisal of your agency.

What buyers pay more for

  • +Organic growth and strong margins
  • +High client retention
  • +Specialty or niche expertise
  • +Operational depth beyond the owner

What buyers discount

  • -Owner-dependent book of business
  • -Weak client retention
  • -Commoditized personal lines
  • -Competition from larger brokers

How selling through DealSeam works

01

A confidential conversation

We learn about your agency and what you want from a sale. Nothing is listed publicly.

02

Introductions where there is a fit

Where a qualified buyer fits your agency, we introduce you, and only after you approve it.

03

You decide

You choose whether to go further, on your own timeline. Sellers pay nothing; the buyer pays our fee if a deal closes.

Selling an insurance agency in New York: common questions

How much is an insurance agency in New York worth?

Insurance agencies typically sell for 4.3x-11x EBITDA, or 2.9x-4.3x SDE for smaller owner-operated insurance agencies, with most deals in the ~$0.5M median for small agencies (BizBuySell: $497,500 median sale price, 2021-2025); larger deals rarely disclose price range. Buyers tend to pay more for organic growth and strong margins, high client retention, specialty or niche expertise and operational depth beyond the owner, and less where they see owner-dependent book of business, weak client retention, commoditized personal lines and competition from larger brokers. These are industry-wide ranges from Peak Business Valuation, BizBuySell and others, not an appraisal of your agency.

Who is buying insurance agencies in New York?

Recent named deals in New York include C&A Insurance Agency (acquired by World Insurance Associates, Dec 2025), Tompkins Insurance Agencies, Inc. (acquired by Arthur J. Gallagher & Co., Nov 2025) and JM Brassill Group (acquired by Patriot Growth Insurance Services, Nov 2025). Nationally, the largest groups consolidating insurance agencies include BroadStreet Partners (Ontario Teachers' Pension Plan and an investor group led by Ethos Capital, BCI and White Mountains Insurance Group), HUB International (Hellman & Friedman) and Inszone Insurance Services (BHMS Investments and Lightyear Capital); 17 of the 23 platforms we track are private-equity-backed. Our own research found 107 insurance agencies in New York already owned by these platforms, including AC Risk Management (Marsh McLennan Agency), Abatelli Insurance Agency (Hilb Group) and Albert G. Ruben (Relation Insurance Services).

How many insurance agencies and brokerages are there in New York?

The Census Bureau's County Business Patterns counted 6,336 insurance agencies and brokerages in New York in 2023, ranking 4th of 50 states. 68% had fewer than five employees, 94% had fewer than 20, and 137 had 50 or more.

Does it cost anything to sell through DealSeam?

No. Sellers pay nothing. When a deal closes, the buyer pays DealSeam's fee. There is no listing fee and no retainer.

Will my employees or customers find out I'm thinking about selling?

No. Nothing is listed publicly, and your details go to a buyer only after you approve that introduction.

Thinking about selling your insurance agency?

DealSeam works confidentially with owners to understand their options and, where there's a fit, introduces them to qualified buyers, at no cost to sellers.

Talk to us about your New York agency

Tell us how to reach you and we'll start a confidential, no-obligation conversation.

Confidential, and free for owners — we're paid by buyers. Prefer to lead with the numbers? Tell us about the business.

Sources

Valuation multiples are published ranges from Peak Business Valuation — Insurance Agency Valuation Multiples (SDE), Peak Business Valuation — Insurance Agency Valuation Multiples (EBITDA), BizBuySell — Insurance Agency Business Valuation Benchmarks and MarshBerry — Today's ViewPoint (Jul 23, 2025). Establishment counts are from the U.S. Census Bureau, County Business Patterns 2023 (NAICS 524210). Platform ownership comes from each platform's own or press sources, verified October 6, 2026. Companies listed as already owned come from DealSeam's own research: the owner's website, the company's own website, a domain redirect, or a source found in our September 2026 ownership screen, each re-checked before publishing. Named acquisitions are the deals we have recorded from public announcements, each linked to its source; they are not every deal in the state. Ownership in this sector changes often. None of this is investment, legal or tax advice.