Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub Acquires Assets of Baird in California
Oct 11 2021 // Hub International Ltd. acquired the assets of Jerry Baird Insurance Agency and Baird Crop Insurance Agency. Terms of the deal were not disclosed. Fresno, Calif.-based Baird specializes in crop and commercial insurance,...
MGA Occam Acquires Terrorism Specialist Beech Underwriting Agencies
Oct 11 2021 // Occam Underwriting, the London-based specialist lines focused managing general agency (MGA), announced it is acquiring Beech Underwriting Agencies Ltd., subject to UK regulatory approval. Beech Underwriting is an approved...
Arthur J. Gallagher Acquires Iowa’s River Valley Capital Insurance
Oct 11 2021 // Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois, acquired Dubuque, Iowa-based River Valley Capital Insurance Inc....
Howden Acquires Belgian Insurance Broker Sarton & Associés
Oct 11 2021 // Howden, the London-based re/insurance broker, announced the acquisition of Belgian insurance broker, Sarton & Associés. Financial terms of the deal were not disclosed. As Howden Belgium’s first acquisition, it...
Jencap Group LLC to Acquire Assets of Russell Bond & Co.
Oct 11 2021 // Jencap Group LLC agreed to acquire the assets of Russell Bond & Co. (RB), a full-service specialty wholesale brokerage and managing general agency (MGA) firm. RB will operate under the auspices of the Jencap Specialty...
Liberty Company Acquires Rubicon M&A Insurance Services in California
Oct 11 2021 // The Liberty Company Insurance Brokers has acquired Rubicon M&A Insurance Services LLC in California. Terms of the deal were not disclosed. Rubicon M&A, led by its founder Patrick Stroth, specializes in executive...
Hub Acquires Assets of Verity and Bellehaven in California
Oct 8 2021 // Hub International Ltd. acquired the assets of Verity Insurance Services Inc. and Bellehaven Management Inc. Terms of the transaction were not disclosed. Located in Covina, Calif., Verity Insurance is an independent...
Riskonnect Acquires ESG Technology Firm ICIX
Oct 8 2021 // Integrated risk management software firm Riskonnect has acquired ICIX, a California-based value chain governance company that helps businesses manage their environmental, social and governance performance. The acquisition...
Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion
Oct 8 2021 // U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest...
Insurers Could Owe $80M to Investors Suing Over 2016 Willis Merger With Towers Watson
Oct 8 2021 // Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that the brokerage’s...
Hub International Acquires Quebec’s H.W. Hollinger (Canada)
Oct 8 2021 // Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc. Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada,...
Specialty Program Group Acquires Assets of CM&F Group
Oct 7 2021 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for...
Inszone Acquires Yuma Foothills Insurance in Arizona
Oct 6 2021 // Inszone Insurance Services acquired Yuma Foothills Insurance in Yuma, Ariz. Yuma Foothills Insurance has provided insurance services to both businesses and residents of Yuma and surrounding areas for more than 25 years....
Coalition Acquires Digital Commercial Agency Attune
Oct 6 2021 // Coalition, a San Francisco-based cyber insurance and security company, has acquired Attune, a digital agency with a platform focused on commercial insurance. With the acquisition, Coalition maintains it will be the...
Custard Adjusts Recipe, Acquires Specialty Group
Oct 6 2021 // Custard Companies, parent organization to Custard Insurance Adjusters, has acquired Florida-based Specialty Group Inc., an investigations and third-party administrator firm. Specialty, which opened in 1995, provides...
DOXA Insurance Holdings Acquires AGIA in California
Oct 5 2021 // AGIA Inc. in Carpinteria, Calif., and its sister company Worldwide Rescue and Security, Inc. have been acquired by DOXA Insurance Holdings LLC. Terms of the deal were not disclosed. AGIA will continue operations under the...
UK Competition Authority Investigating Gallagher Bid to Buy Willis Re
Oct 5 2021 // The UK’s Competition and Markets Authority (CMA) said today that it is investigating the anticipated acquisition of the treaty reinsurance business of Willis Towers Watson by Arthur J. Gallagher & Co. In a brief...
Gallagher Acquires Grand Cayman’s Briat, UK’s Manchester Underwriting
Oct 5 2021 // Global insurance broker Arthur J. Gallagher & Co. announced it has acquired two agencies: Grand Cayman-based Briat Insurance Ltd. and UK-based Manchester Underwriting Agencies Limited. Terms of the transactions were...
Neptune Flood Acquires Parametric Earthquake Insurance Broker Jumpstart
Oct 4 2021 // Digital flood insurance provider Neptune Flood has acquired Jumpstart Insurance Solutions, a parametric insurtech broker that offers parametric earthquake policies. Terms were not disclosed. Jumpstart, a licensed surplus...
Arthur J. Gallagher & Co. Buys UK MGA Manchester Underwriting Agencies Ltd.
Oct 4 2021 // Arthur J. Gallagher & Co. announced that its specialist underwriting subsidiary Pen Underwriting has acquired 100% of UK-based Manchester Underwriting Agencies Ltd. and its wholly owned subsidiary, Manchester...
