QBE to Sell Westwood Insurance Agency to BRP Group

March 7, 2022

Willkie advised QBE on the transaction.

On March 3, BRP Group, Inc. announced that it entered into an agreement to acquire all of the outstanding equity interests of Westwood Insurance Agency, a full-service personal lines agency specializing in builder-sourced homeowners insurance, from QBE Holdings, Inc.

Westwood has established itself as a premier partner with leading homebuilders in the U.S., providing homeowners insurance solutions embedded in the home purchasing experience. With annual revenues of approximately $81.8 million, Westwood represents BRP Group’s largest strategic acquisition to date.

BRP Group, Inc. is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions.

QBE is an international insurer and reinsurer headquartered in Sydney, Australia, and operating out of 27 countries worldwide.

The Willkie team was led by Michael Groll and Sean Ewen and included senior counsel Donald Henderson and partners Eugene Chang and Scott Thompson.