Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
CFC Reps & Warranty Product Supports Transatlantic Mergers, Acquisitions
May 18 2021 // CFC has enhanced its transaction liability services with the launch of a product designed to support North American buyers purchasing a UK or European target business. CFC said its transatlantic suite of transaction...
InterWest Opens New Nevada Office, Acquires Aegis in California
May 17 2021 // InterWest Insurance Services LLC has opened a new office in Reno, Nev., and has acquired Aegis Insurance Markets in Truckee, Calif. Terms of the deal were not disclosed. Tony Commendatore, founder of AEGIS, will continue...
Emerson Reid Acquires Ohio’s May Insurance Services
May 17 2021 // Emerson Reid LLC, an employee benefits wholesale general agent, has acquired Columbus, Ohio-based employee benefits services firm, May Insurance Services Inc., led by John May. Established in 1990, May Insurance Services...
High Street Insurance Partners Acquires Paladin, Richardi-Demola Insurance Agencies
May 14 2021 // High Street Insurance Partners (HSIP), a full-service insurance brokerage platform, has acquired New Jersey-based Paladin Insurance Agency and Richardi-Demola Insurance Agency (RD). Terms of the transaction were not...
Zywave Buys Workers’ Comp Software Firm Modgic
May 14 2021 // Insurance technology provider Zywave has acquired Modgic, an Oregon-based provider of workers’ compensation and experience modification analysis software for the commercial insurance industry. Financial terms were...
Japan Post’s Insurance Unit to Buy Back About $4 Billion of Shares
May 14 2021 // Japan Post Holdings Co.’s insurance unit plans to buy back up to 29% of its shares for about 439.8 billion yen ($4 billion) as its parent company reduces its stake, giving the insurer more freedom to expand its...
Mitchell | Genex | Coventry Agrees to Acquire QualCare Alliance Networks
May 13 2021 // Mitchell | Genex | Coventry, a provider of cost containment technology, provider networks, clinical services, pharmacy benefit management (PBM) and disability management, has entered into a definitive agreement to acquire...
Specialist Risk Group Buys Dublin-Based MGA, Blackrock Insurance Solutions
May 13 2021 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of specialist Irish liability and property managing general agent (MGA), Blackrock Insurance Solutions. Financial details of...
Kaplansky Insurance Acquires Massachusetts’ John P. Riley Insurance
May 12 2021 // Kaplansky Insurance has acquired its third independent agency of 2021, John P. Riley Insurance. The purchase of the Dorchester, Massachusetts-based business marks Kaplansky’s 37th acquisition overall. John P. Riley...
Amazon-Backed India Insurer Startup Eyes Funding Round that Could Create $1B Value
May 12 2021 // Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter. The Amazon.com Inc.-backed startup is looking to...
Oakbridge Insurance Agency Partners with The Greer Agency of Georgia
May 10 2021 // Oakbridge Insurance Agency LLC, an independent insurance and risk management advisor, has formed a partnership with The Greer Agency, Inc of Georgia. Oakbridge and Greer closed the transaction on May 3, 2021, and terms of...
Hub International Limited Acquires Assets of Ion Insurance Corporation
May 10 2021 // Hub International Limited, a global insurance brokerage, has acquired the assets of Ion Insurance Corporation. Terms of the transaction were not disclosed. Headquartered in Cheshire, Connecticut, Ion Insurance is a full...
Italy’s Generali Buys Stake in E-scooter Operator Ridemovi
May 10 2021 // MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond. Ridemovi, which operates...
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion
May 9 2021 // Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be...
Alera Group Acquires Employee Benefits Division of Lamb Insurance Services
May 7 2021 // Alera Group, an independent, national insurance and wealth management firm, has acquired the employee benefits division of Lamb Insurance Services, an insurance broker exclusively dedicated to nonprofit and social service...
Aon Forms EMEA Advisory Board to Grow M&A Practice
May 7 2021 // Aon announced the formation of its EMEA M&A and Transaction Solutions Advisory Board to support the growth of its Mergers & Acquisition insurance practice across the United Kingdom and Europe, the Middle East and...
Arthur J. Gallagher Acquires Koff & Associates in California
May 6 2021 // Arthur J. Gallagher & Co. has acquired Berkeley, Calif.-based Kaneko & Krammer Corp. Catherine Kaneko, Georg Krammer and their team will continue to operate from their current location under the direction of Scott...
Gallagher Bassett Services Acquires Total Safety Consulting and Its Affiliates
May 6 2021 // Arthur J. Gallagher & Co.’s risk management services subsidiary, Gallagher Bassett Services Inc. (GB), has acquired Bayonne, New Jersey-based Total Safety Consulting LLC (TSC) and its affiliates, including TSC...
Trinity Underwriting Managers, Obsidian Partner on Auto Liability Offering
May 5 2021 // Trinity Underwriting Managers (TUMI), part of Amwins Underwriting, has formed a new carrier partnership with Obsidian, an A.M. Best rated “A-” hybrid fronting program carrier. The partnership will add to...
NFP Acquires Indiana Employee Benefits Firm, First Person
May 5 2021 // Insurance broker NFP has acquired Indianapolis, Indiana-based employee benefits brokerage, First Person Inc. (First Person). First Person specializes in group benefits with additional capabilities in compensation,...
